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$416,290

NAL Estimated Property Value

903 Melshire Dr, Garland, TX, 75040

Off MarketInfo
LeaseInfo
Beds3 Beds
Baths2 Bath
Baths2,000 Sq Ft
price_per_sqft$1 / sqft
Year BuiltBuilt in 2017

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Gas Oven, Microwave, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile

Exterior

Lot Size6,681 sqft

Building Information

Year Built2017
Stories1
Roof Type105
Garage Spaces1

Land Information

APN26825020020050000
Lot Number5
SubdivisionWinchester Commons
Land UseResidential
Legal DescriptionWINCHESTER COMMONS BLK 2 LT 5 INT201700184752 DD06292017 CO-DC 8250200200500 1CG82502002
Census Tract019027
Assessed Land Value$90,000
Assessed Improvement Value$326,290
Assessment Year2025

About this property

New Construction home. Beautiful kitchen, granite counter top, stainless appliances, gas stove, covered patio, spacious drive way. Fully sodded and sprinkler system. Open floor plan. Closed to Fire wheel malls. Minutes to 190 George W. Bush. Tenant pay utilities and yard maintenance. Schedule a house tour today!

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,065/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,701
$416,290
2025
$90,000
$326,290
$416,290
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,701
$416,290

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Georgetown Mortgage Inc
Conventional
$209,978
No
First
Jun 29, 2017
Jul 2032

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$171,158
$245,132
58%
41%
$1,259/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,259/mo
+$713/mo
5.7%

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: Garland

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903 Melshire Dr | Property Details | No Agent List