$3,988,536
TBD E FM 545 (Melissa Road), TX, 75454
On Market
About this property
8.439 Ac on E Melissa Road AKA FM 545. Melissa future land use map shows a preference for retail zoning and use. This property lies on the south side of FM 545, aka E Melissa Road, just east of the CVS pharmacy at SH 121 and FM 545.
Investor Tools
$0Estimated Mortgage Balance
$3,988,536Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$23,931 /month
Positive
Cash Flow Estimate:
$7,977 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%
