Is Melissa, TX a good place to invest in rental property?

Melissa, TX has a median modeled monthly cash flow of $-1,311 and a median cap rate of 2.9%, on a median sold price of $440,000. Prices changed -7.5% year over year.

What is the average cap rate in Melissa, TX?

The median cap rate across recently sold homes in Melissa, TX is 2.9%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Melissa, TX?

The median sold price in Melissa, TX is $440,000 (about $185 per square foot).

Investing in Melissa, TX Real Estate

A data-driven snapshot of the Melissa, TX rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$440,000Median sold price

$185Median $/sqft

3.0%Median cap rate

$-1,311Modeled cash flow / mo

-7.5%Appreciation YoY

22.3Months of supply

759Active listings

409Sold (last 12 mo)

What the Melissa numbers say

In Melissa, TX, the median home sold for $440,000 (about $185 per square foot), and the typical deal models out to a 3.0% cap rate with a median $-1,311 of monthly cash flow. Sold prices moved -7.5% over the past year. Inventory sits at about 22.3 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Texas markets to compare

See Melissa cash-flowing listings

CashFlowRE ranks every for-sale home in Melissa, TX by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Melissa deals, or browse the national market data.