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$732,953

NAL Estimated Property Value

79 Trailridge Dr, Melissa, TX, 75454

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,970 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$252.19 / sqft
Year BuiltBuilt in 1993

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Convection Oven, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Exterior FeaturesRain Gutters, Storage
Lot Size1.65 acres

Building Information

Year Built1993
Stories2
Roof Type105
Garage Spaces3

Land Information

APNR-1336-000-0760-1
Lot Number76
SubdivisionCountry Ridge Phase Ii (Cml)
Land UseResidential
Legal DescriptionCOUNTRY RIDGE PHASE II (CML), LOT 76
Census Tract030206
Assessed Land Value$361,312
Assessed Improvement Value$371,641
Assessment Year2025

About this property

Impeccable taste is demonstrated in this updated desirable Country Ridge Estates home flowing with high-end finishes you won't find in new builds. Your commute has not been sacrificed for location and sanctuary! Relax with peace of mind with plenty of outdoor space for a pool and a shop with a gated entrance. This multi-generational house looks and feels like a new build but on a lot that is impossible to find! Kitchen boasts of a massive island with quartz and KitchenAid appliances. Owners retreat has double sinks, huge soaker tub, wood grain tile floors and 2 shower heads. Dining room can easily flex into a private office. 4 full bathrooms have been completely updated. Great floorplan with a 2-2 split up and down bed and baths. Exterior has new siding, gutters, paint, energy efficient windows! Even the sprinklers, septic and HVAC have been updated! Compare it to new a new build and notice that no expense was spared!

Investor Tools

Property Icon
$732,953
Estimated Property Value
$706,879Estimated Mortgage Balance
$26,074Estimated Equity
3% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,494 /month
Positive
Cash Flow Estimate:
$1,498 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,222/month
$925/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,003
$732,953
2025
$361,312
$371,641
$732,953
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,003
$732,953

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Freedom Mortgage Corp
Va
$721,757
Yes
First
Mar 19, 2025
Apr 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$706,879
$26,074
3%
96%
$4,328/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,860/mo
$5,253/mo
$-1,393/mo
6.3%

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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