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$585,172

NAL Estimated Property Value

630 Fannin Rd, Melissa, TX, 75454

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,100 Sq Ft
price_per_sqft$301.9 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
AppliancesDishwasher, Disposal, Microwave, Double Oven
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Lot Size1 acre

Building Information

Year Built2022
Stories1
Garage Spaces2

Land Information

APNR-7048-000-0060-1
Lot Number6
SubdivisionPolly A Boone Survey
Land UseResidential
Legal DescriptionABS A1048 POLLY A BOONE SURVEY, TRACT 6, 1.0 ACRES
Census Tract030201
Assessed Land Value$150,000
Assessed Improvement Value$435,172
Assessment Year2025

About this property

Charming 4 bed, 3 bath New modern ranch style home. You are going to love the open floor plan with large living room, kitchen and dining room combination with tons of windows looking out over the beautiful country scenery. Master suite is on the opposite end of the home from the other bedrooms and bath has spa like quality...you will love the over sized walk in shower and the separate tub. You will not feel separated from family or guest in the beautiful kitchen with island and ample cabinets. Finish out will be modern...but there may still be time to pick some of the finish out. Pictures are of finish out that is currently planned but could be changed..Builder reserves the right to make changes to finish outs. Very difficult to find 1 acre close to all the conveniences...but that is exactly what this property has...minutes to shopping, Hwy. 75,schools..etc. Additional 600sq ft. Could be added by builder at an additional cost, or add. Storage, garage, g.suite...ask for details.

Investor Tools

Property Icon
$585,172
Estimated Property Value
$0Estimated Mortgage Balance
$585,172Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,804 /month
Positive
Cash Flow Estimate:
$1,268 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$809/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,778
$585,172
2025
$150,000
$435,172
$585,172
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,778
$585,172

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$585,172
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,960/mo
N/A
+$2,960/mo
6.1%

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.

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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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630 Fannin Rd | Property Details | No Agent List