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$945,000

$995,000

9 Country Ridge Rd, Melissa, TX, 75454

On MarketInfo
Price DropInfo
Beds3 Beds
Baths3 Bath
Baths3,864 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$244.57 / sqft
Year BuiltBuilt in 1990

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3.5Bathrooms Full 3.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Built-In Refrigerator, Dishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave, Double Oven, Vented Exhaust Fan, Wine Cooler
FlooringCeramic Tile, Wood, Stone

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Lighting, Outdoor Grill, Storage, Other, Garden
Lot Size1.45 acres

Building Information

Year Built1990
Stories1
Roof Type134
Garage Spaces7

Land Information

APNR-1336-000-0800-1
Lot Number80
SubdivisionCountry Ridge Phase Ii (Cml)
Land UseResidential
Legal DescriptionCOUNTRY RIDGE PHASE II (CML), LOT 80
Census Tract030206
Assessed Land Value$317,786
Assessed Improvement Value$589,679
Assessment Year2025

About this property

Experience the best of both worlds—a peaceful country retreat with easy-access to the quality schools, shopping, dining, and services of the growing community of Melissa. Nestled on an acre and a half of wooded seclusion, this updated 3-bedroom home offers privacy and room to relax. The massive covered outdoor living area puts you in the heart of nature, overlooking a sparkling pool — perfect for entertaining or simply unwinding. Inside, the spacious floor plan provides room for everyone: a dedicated office, generous family room, dining area, and an open-concept kitchen designed for everyday living. All 3 bedrooms are ensuite with private baths! The impressive 1,000-square-foot, 3-car garage and workshop offers abundant space for vehicles, hobbies, and storage. Epoxy was recently added to the floor. Even better, the home's hidden solar panel system will provide years of low or no cost electricity. A gated entrance adds security and peace of mind, completing this truly special property. Don't miss this rare opportunity—schedule your private showing today!

Investor Tools

$72,752Estimated Mortgage Balance
$912,855Estimated Equity
91% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,910 /month
Positive
Cash Flow Estimate:
$1,970 /month

Interested in this property?

J.R. Russell

Fathom Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,426/month
$1,080/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,189
$907,465
2025
$317,786
$589,679
$907,465
No

Tax History

Year
Tax Paid
Assessed Value
2024
$12,189
$907,465

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Independent Bank
Credit Line (Revolving) / Heloc
$114,000
No
First
Jan 19, 2011
Feb 2041

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$72,752
$834,713
91%
7%
$561/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,960/mo
$1,641/mo
+$1,319/mo
3.6%

City: Melissa

9 Country Ridge Rd | Property Details | No Agent List