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$374,990

2208 Maplewood Dr, Melissa, TX, 75454

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths2 Bath
Baths1,941 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$193.19 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Electric Cooktop, Electric Oven, Disposal, Microwave, Tankless Water Heater, Vented Exhaust Fan
FlooringCarpet, Luxury Vinyl Plank, Tile

Exterior

Exterior FeaturesBalcony, Lighting, Rain Gutters
Lot Size5,706 sqft

Building Information

Year Built2020
Stories1
Garage Spaces2

Land Information

APNR-12083-00A-0390-1
Lot Number39
SubdivisionAuburndale Phase 2 (Cml)
Land UseResidential
Legal DescriptionAUBURNDALE PHASE 2 (CML), BLK A, LOT 39
Census Tract030202
Assessed Land Value$99,000
Assessed Improvement Value$266,655
Assessment Year2026

About this property

There is so much to love about this Melissa home, starting with the gorgeous brick exterior and a spacious floor plan all on one level. Built in 2020, this three-bedroom, two-bath home offers approximately 1,941 square feet, plus a separate flex room for a home office, gym, or additional living space. The main living area has plenty of room to gather, and the separate dining space is perfect for having friends and family over. The eat-in kitchen features granite counters, an island, and a spacious pantry. The primary suite is especially inviting, with high ceilings, a beautiful bay window, and enough room for a sitting area. Set apart from the secondary bedrooms, it offers added privacy, a walk-in closet, dual sinks, a soaking tub, and a separate shower. Outside, enjoy a covered patio, fenced backyard, and established landscaping. Neighborhood amenities include a community splash pad, park, and walking trail connecting to the neighboring community, The Quarry. A major upgrade is already complete: a new four-ton HVAC heat pump system installed in July 2026, along with a Wi-Fi thermostat and an additional living room return. A two-car attached garage and Melissa ISD add to the appeal. This location brings it all together, with quick access to the nearby US 75 entrance ramp for an easy connection to McKinney and beyond. Enjoy shopping, dining, and everyday conveniences in Melissa, with McKinney’s restaurants, boutiques, and historic downtown just a short drive away. Beautifully designed for everyday living, ideally located for everything beyond it! A new survey completed in 2026 is available, adding another convenience for the next owner.

Investor Tools

$291,370Estimated Mortgage Balance
$85,630Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,262 /month
Positive
Cash Flow Estimate:
$754 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$591/month
$350/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,207
$365,655
2026
$99,000
$266,655
$365,655
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,207
$365,655

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Frost Bank
Stand Alone Second / Subordinate Position
$304,714
No
First
May 15, 2024
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$291,370
$85,630
22%
77%
$1,827/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,860/mo
$2,177/mo
+$1,683/mo
12.3%

City: Melissa

2208 Maplewood Dr | Property Details | No Agent List