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Days2490Days on Market
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$999,000

$1,100,000

62 Trailridge Dr, Melissa, TX, 75454

On MarketInfo
Price DropInfo
Beds5 Beds
Baths5 Bath
Baths3,576 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$279.36 / sqft
Year BuiltBuilt in 2014

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 5Bathrooms Full 5
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Cooktop, Electric Oven, Electric Water Heater, Microwave, Double Oven
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters
Lot Size5.00 acres

Building Information

Year Built2014
Stories2
Garage Spaces3

Land Information

APNR-1863-000-1340-1
Lot Number134
SubdivisionCountry Ridge Phase Iv (Cml)
Land UseResidential
Legal DescriptionCOUNTRY RIDGE PHASE IV (CML), LOT 134
Census Tract030206
Assessed Land Value$260,083
Assessed Improvement Value$601,167
Assessment Year2025

About this property

Nestled on a 5-acre homesite and one of the largest lots in the neighborhood, this 5-bedroom, 5.5-bathroom estate offers the perfect blend of luxury, comfort, and peaceful country living. The impressive stone and brick exterior creates timeless curb appeal, while the long driveway leads to the 3 car garage and provides ample guest parking, along with plenty of space for a friendly game of basketball. The open-concept floor plan is ideal for both everyday living and entertaining. The living room features exposed wood beams, and floor-to-ceiling stone fireplace. The gourmet kitchen boasts stainless steel appliances, abundant cabinetry and prep space, an oversized island with seating and additional storage, plus an extra-large walk-in pantry. The private primary suite is a true retreat with soaring ceilings and cozy sitting area with bay windows. The luxurious ensuite bath features separate vanities, soaking tub, separate shower, and oversized walk-in closet with built-ins. The functional floor plan includes three bedrooms on the main level, each offering a private ensuite bath and generous walk-in closet with built-in storage. Upstairs, you'll find two additional bedrooms with ensuite baths, along with a versatile bonus room ideal for home office, game room, media room, or flex room. Exceptional storage can be found throughout the home. Step outside to the massive covered patio and enjoy breathtaking views of the sprawling property. The land is beautifully accented by a large pond, peaceful creek, irrigated garden beds, and a variety of mature fruit and nut trees, including apple, peach, pecan, and almond. There is even a Bocce ball court! Whether you're entertaining guests, gardening, fishing, or simply enjoying the tranquility, this property offers endless opportunities to embrace country living. Located within a gated community and served by highly acclaimed Melissa ISD, this remarkable estate offers the rare combination of luxury living, privacy, and room to roam.

Investor Tools

$78,134Estimated Mortgage Balance
$833,035Estimated Equity
90% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,994 /month
Positive
Cash Flow Estimate:
$1,998 /month

Interested in this property?

Lacy Zihlman

Astra Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,541/month
$1,018/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,932
$861,250
2025
$260,083
$601,167
$861,250
No

Tax History

Year
Tax Paid
Assessed Value
2024
$13,932
$861,250

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Pentagon Fcu
Conventional
$90,000
No
First
Oct 2, 2019
Nov 2034

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$78,134
$783,116
90%
9%
$540/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Melissa

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62 Trailridge Dr | Property Details | No Agent List