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$424,000

205 Miramar Ave, Melissa, TX, 75454

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths2,145 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$197.67 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
AppliancesDishwasher, Electric Range, Disposal, Microwave, Tankless Water Heater, Water Purifier
FlooringCarpet, Ceramic Tile

Exterior

Lot Size5,489 sqft

Building Information

Year Built2021
Stories1
Garage Spaces2

Land Information

APNR-12083-00A-0300-1
Lot Number30
SubdivisionAuburndale Phase 2 (Cml)
Land UseResidential
Legal DescriptionAUBURNDALE PHASE 2 (CML), BLK A, LOT 30
Census Tract030202
Assessed Land Value$104,500
Assessed Improvement Value$289,116
Assessment Year2026

About this property

FANTASTIC FLOOR PLAN this 4 bedroom 3 full bathroom with flex room is an ideal home for a starter home. The kitchen is nice & big with lots of cabinet space, huge island, electric range, walk in pantry & granite countertops. The family room is enormous with lots of space for entertaining, wall of casement windows for lots of natural lighting & nice LVP floors. This home is great for multigenerational families because the bedrooms & bathrooms are split up well. Seller has also started an amazing garden in the backyard for fresh vegetables and such. There is also a covered patio off the back. The neighborhood of Auburndale has a splash pad and playground. There is immediate access to 75 Central & you are across from Buc-ee's & the new HEB grocery story, Chick fil a & Chipotle. Just an amazing location!!

Investor Tools

$352,294Estimated Mortgage Balance
$41,322Estimated Equity
10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,544 /month
Positive
Cash Flow Estimate:
$848 /month

Interested in this property?

Deborah Diviney

Coldwell Banker Apex, REALTORS

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$653/month
$350/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,863
$393,616
2026
$104,500
$289,116
$393,616
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,863
$393,616

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
M/I Financial Llc
Conventional
$389,500
No
First
Oct 26, 2021
Nov 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$352,294
$41,322
10%
90%
$2,336/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,960/mo
$2,686/mo
+$274/mo
9.0%

City: Melissa

205 Miramar Ave | Property Details | No Agent List