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$1,063,798

NAL Estimated Property Value

7 Meadowbrook Circle, Melissa, TX, 75454

Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths4,130 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$152.54 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3.5Bathrooms Full 3.5
AppliancesConvection Oven, Dishwasher, Disposal, Gas Range, Microwave, Electric Water Heater
FlooringCarpet, Ceramic Tile, Other, Wood

Exterior

Exterior FeaturesBalcony, Rain Gutters, Lighting
Lot Size1.63 acres

Building Information

Year Built2017
Stories2
Garage Spaces3

Land Information

APNR-1863-000-1570-1
Lot Number157
SubdivisionCountry Ridge Phase Iv (Cml)
Land UseResidential
Legal DescriptionCOUNTRY RIDGE PHASE IV (CML), LOT 157
Census Tract030206
Assessed Land Value$418,121
Assessed Improvement Value$645,677
Assessment Year2025

About this property

Rare Opportunity of luxury & country living in coveted Gated community of Country Ridge. Custom designed to bring outdoors in w breathtaking views of heavily treed 1.6 acre cul-de-sac site. Be wowed by stunning double staircase & trees beyond the walls of windows calling you out to enjoy the massive deck. Juliette balcony, floor to ceiling stone fireplace surround, designer lighting, brass plumbing fixtures. Gourmet Kitchen w Bertazzoni Range, potfiller, custom cabinetry, soft close, paneled ceiling, custom shutters, trims, butcher block island. The staycation continues w owner's retreat! Spa-like claw foot tub, stunning tilework, seamless glass. Bonus den or study down; add'l private bonus room up off balcony

Investor Tools

Property Icon
$1,063,798
Estimated Property Value
$555,071Estimated Mortgage Balance
$508,727Estimated Equity
47% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,383 /month
Positive
Cash Flow Estimate:
$2,128 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,654/month
$840/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$14,523
$1,063,798
2025
$418,121
$645,677
$1,063,798
No

Tax History

Year
Tax Paid
Assessed Value
2024
$14,523
$1,063,798

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Rate Financial Group
Conventional
$510,000
No
First
Oct 9, 2020
Nov 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$555,071
$508,727
47%
52%
$3,731/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,860/mo
$4,571/mo
$-711/mo
4.4%

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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