3112 Red River St · Melissa, TX 75454

$163,500

2 bd · 2.0 ba · 785 sqft · Land · 98 Days on market

Built 1970 9,235 sqft lot $208/sqft · 28% below area Est $228k · 28% under ↓ 25% since listing

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Why this score? — see what drove the B- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +23.4/30.0
• ARV discount +15.0/15.0
• DSCR +7.5/10.0
• 1% rule +6.2/10.0
• Schools +5.8/10.0
• Livability +3.4/5.0
• Appreciation +2.7/10.0
• Condition / age +2.5/5.0
• Rent growth +2.1/5.0

Listing remarks MLS

MOTIVATED SELLER! Serene country living in one of the fastest-growing communities in North Texas! Don’t miss this opportunity to own in a quiet neighborhood with small town charm zoned to the TOP-RATED Melissa ISD, steps to schools & neighborhood parks, with easy access to US-75. Fully updated inside and out—everything is NEW down to the studs! Renovated kitchen equipped with new granite counters, built-in cabinets & tile backsplash. Kitchen & living room separate both bedrooms & bathrooms at opposite ends of the home for added privacy. Bedrooms complete with walk-in closets + remodeled bathrooms with new tile, countertops & fixtures. Other updates include fresh paint & new flooring. Full utility room off the kitchen. Door to backyard opens to a patio + new walkway pavers. Large backyard with mature shade trees & ample room to make it your own enclosed by a NEW wooden fence. Huge 0.21-acre lot has plenty of space for parking rec vehicles or adding covered parking. Near tons of green space, steps from Melissa ISD schools, neighborhood parks, playgrounds, AND less than 15 minutes to McKinney—don’t miss your chance to own in a rapidly growing area of DFW for an unbeatable value!

Key facts

• Steps to schools
• Easy access to us 75
• Fully updated

Tags

• QUIET NEIGHBORHOOD
• TOP RATED MELISSA ISD
• STEPS TO SCHOOLS
• NEIGHBORHOOD PARKS
• EASY ACCESS TO US 75
• FULLY UPDATED

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath land listed at $164k.

Deal economics

• At list price, monthly cash flow is $302 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $164k).
• Recommended offer: $149k (9.0% below list) — sets the bar for market timing.
• Cap rate 8.5% vs local median 2.9% in Melissa — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 68/100 on livability (#477 in TX) — a middle-class / working-renter tenant base. Strengths: crime A+, employment A+, housing A+; Watch: cost of living D, amenities F, commute F.
• Melissa ISD (suburban): math 65% / reading 65% proficiency, ranked #24 of 826 in TX (top 3%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: Rents soft (-1.4%/yr); 511 active listings in the ZIP; 11 comparable units currently listed for rent nearby; rentals at typical pace (median 19d on market — plan ~3-4 weeks tenant-placement turnaround); high-income renter base; 19,194 units permitted in Collin County in 2024 (3,988 in 5+ unit buildings).
• This rent is only 16% of the median local income ($139k/yr) — well below the 30% rent-burden line; pricing power to push rent on renewal without tenant pushback.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k of value loss. Plan a longer hold.
• Collin County population projected at +60% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 98 days — a 9% lower offer ($149k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts; this cycle's ask has dropped $54k (25%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; moderate wildfire risk; extreme-heat days projected 7→23/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $148,785 (9.0% below list)

Questions for the listing agent

1. It's been on market 98 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
2. Built in 1970 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are A-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
6. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
7. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
8. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.12% ✓
• Cap rate: 8.51%
• Cash-on-cash: 7.92%
• DSCR: 1.35
• GRM: 7.5

CMA / ARV

• ARV (median comp): $227,850
• List price: $163,500
• Delta: -28.24%
• Verdict: UNDERPRICED
• Comps: 4 within 1.0 mi

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -7.7%
• Equity multiple: 0.73×
• Total profit: $-12,560
• Equity at exit: $24,378

10-year hold

• IRR: -2.5%
• Equity multiple: 0.85×
• Total profit: $-6,691
• Equity at exit: $14,136

Cash invested: $45,780 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 87 Strongly Landlord-Friendly
• State Texas: 87 Strongly Landlord-Friendly · R+5
• County: — inherits STATE
• City: — inherits STATE

3-day notice; statewide preemption; one of the fastest eviction climates; Travis County (Austin) slightly slower.

Methodology + full state rankings →

ZIP-level market 75454

• Home prices YoY: -1.9%
• Rents YoY: -1.4%
• Active inventory: 511
• Price-to-rent: 7.5×

Monthly cashflow live

• Estimated rent: $1,826 high
• Mortgage (P&I): −$857
• Tax from tax record: −$215 /mo · $2,577/yr
• Insurance: −$68
• HOA: −$0
• Vacancy / Maint / Mgmt: −$383
• Net cashflow: $302

Break-even live

Break-even rent $1,443

Max offer price $163,500

Occupancy floor 78%

Sensitivity live

Price	-10% $395	-5% $349	+0% $302	+5% $256	+10% $210
Rent	-10% $158	-5% $230	+0% $302	+5% $374	+10% $447
Rate	-1.0pp $385	-0.5pp $344	base $302	+0.5pp $260	+1.0pp $217

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $40,875
• Closing costs: $4,905
• Reserves months: —
• Total cash needed: —

Rent comps 11 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
300 Lucas Ln Melissa, TX	1.0–3.0	1.0–2.5	1135	$2,033	$1.79	0d	15	0.63mi
2626 Central Expy Melissa, TX	1.0	1.0	610	$960	$1.57	18d	1	1.18mi
3200 Sam Rayburn Hwy Melissa, TX	1.0–3.0	1.0–2.0	936	$2,839	$3.03	0d	1	1.26mi
2911 Central Expy Melissa, TX	1.0–2.0	1.0–2.0	961	$2,101	$2.19	0d	34	1.28mi
400 Willow Grove Way Unit 1011 Melissa, TX	1.0	1.0	826	$1,040	$1.26	45d	1	1.40mi
220 W Melissa Rd Unit 6020 Melissa, TX	1.0	1.0	717	$1,560	$2.18	45d	1	1.42mi
5900 County Road 277 Melissa, TX	1.0–3.0	1.0–2.0	936	$1,942	$2.07	3d	18	1.44mi
4515 Bluebonnet LN Unit BS-1436 Melissa, TX	2.0	2.0	1123	$2,028	$1.81	25d	1	1.47mi
4515 Bluebonnet LN Unit BS-1436 Melissa, TX	2.0	2.0	1123	$2,028	$1.81	45d	1	1.47mi
4424 Janssen Ave Melissa, TX	1.0	1.0	725	$1,424	$1.96	45d	1	1.48mi
300 Willow Grove Way Melissa, TX	1.0–3.0	1.0–2.0	1069	$1,600	$1.50	4d	8	1.49mi

Listing history 50 events

1. 2026-05-13
   status Pending 1246-char remark

   Show marketing remark (1246 chars)

   MOTIVATED SELLER! Serene country living in one of the fastest-growing communities in North Texas! Don’t miss this opportunity to own in a quiet neighborhood with small town charm zoned to the TOP-RATED Melissa ISD, steps to schools & neighborhood parks, with easy access to US-75. Fully updated inside and out—everything is NEW down to the studs! Renovated kitchen equipped with new granite counters, built-in cabinets & tile backsplash. Kitchen & living room separate both bedrooms & bathrooms at opposite ends of the home for added privacy. Bedrooms complete with walk-in closets + remodeled bathrooms with new tile, countertops & fixtures. Other updates include fresh paint & new flooring. Full utility room off the kitchen. Door to backyard opens to a patio + new walkway pavers. Large backyard with mature shade trees & ample room to make it your own enclosed by a NEW wooden fence. Huge 0.21-acre lot has plenty of space for parking rec vehicles or adding covered parking. Near tons of green space, steps from Melissa ISD schools, neighborhood parks, playgrounds, AND less than 15 minutes to McKinney—don’t miss your chance to own in a rapidly growing area of DFW for an unbeatable value!

2. 2026-04-29
   price $163,500 1246-char remark

   Show marketing remark (1246 chars)

   MOTIVATED SELLER! Serene country living in one of the fastest-growing communities in North Texas! Don’t miss this opportunity to own in a quiet neighborhood with small town charm zoned to the TOP-RATED Melissa ISD, steps to schools & neighborhood parks, with easy access to US-75. Fully updated inside and out—everything is NEW down to the studs! Renovated kitchen equipped with new granite counters, built-in cabinets & tile backsplash. Kitchen & living room separate both bedrooms & bathrooms at opposite ends of the home for added privacy. Bedrooms complete with walk-in closets + remodeled bathrooms with new tile, countertops & fixtures. Other updates include fresh paint & new flooring. Full utility room off the kitchen. Door to backyard opens to a patio + new walkway pavers. Large backyard with mature shade trees & ample room to make it your own enclosed by a NEW wooden fence. Huge 0.21-acre lot has plenty of space for parking rec vehicles or adding covered parking. Near tons of green space, steps from Melissa ISD schools, neighborhood parks, playgrounds, AND less than 15 minutes to McKinney—don’t miss your chance to own in a rapidly growing area of DFW for an unbeatable value!

3. 2026-04-21
   price $165,500 1246-char remark

   Show marketing remark (1246 chars)

   MOTIVATED SELLER! Serene country living in one of the fastest-growing communities in North Texas! Don’t miss this opportunity to own in a quiet neighborhood with small town charm zoned to the TOP-RATED Melissa ISD, steps to schools & neighborhood parks, with easy access to US-75. Fully updated inside and out—everything is NEW down to the studs! Renovated kitchen equipped with new granite counters, built-in cabinets & tile backsplash. Kitchen & living room separate both bedrooms & bathrooms at opposite ends of the home for added privacy. Bedrooms complete with walk-in closets + remodeled bathrooms with new tile, countertops & fixtures. Other updates include fresh paint & new flooring. Full utility room off the kitchen. Door to backyard opens to a patio + new walkway pavers. Large backyard with mature shade trees & ample room to make it your own enclosed by a NEW wooden fence. Huge 0.21-acre lot has plenty of space for parking rec vehicles or adding covered parking. Near tons of green space, steps from Melissa ISD schools, neighborhood parks, playgrounds, AND less than 15 minutes to McKinney—don’t miss your chance to own in a rapidly growing area of DFW for an unbeatable value!

4. 2026-04-16
   price $167,500 1246-char remark

   Show marketing remark (1246 chars)

   MOTIVATED SELLER! Serene country living in one of the fastest-growing communities in North Texas! Don’t miss this opportunity to own in a quiet neighborhood with small town charm zoned to the TOP-RATED Melissa ISD, steps to schools & neighborhood parks, with easy access to US-75. Fully updated inside and out—everything is NEW down to the studs! Renovated kitchen equipped with new granite counters, built-in cabinets & tile backsplash. Kitchen & living room separate both bedrooms & bathrooms at opposite ends of the home for added privacy. Bedrooms complete with walk-in closets + remodeled bathrooms with new tile, countertops & fixtures. Other updates include fresh paint & new flooring. Full utility room off the kitchen. Door to backyard opens to a patio + new walkway pavers. Large backyard with mature shade trees & ample room to make it your own enclosed by a NEW wooden fence. Huge 0.21-acre lot has plenty of space for parking rec vehicles or adding covered parking. Near tons of green space, steps from Melissa ISD schools, neighborhood parks, playgrounds, AND less than 15 minutes to McKinney—don’t miss your chance to own in a rapidly growing area of DFW for an unbeatable value!

5. 2026-04-15
   price $169,500 1246-char remark

   Show marketing remark (1246 chars)

   MOTIVATED SELLER! Serene country living in one of the fastest-growing communities in North Texas! Don’t miss this opportunity to own in a quiet neighborhood with small town charm zoned to the TOP-RATED Melissa ISD, steps to schools & neighborhood parks, with easy access to US-75. Fully updated inside and out—everything is NEW down to the studs! Renovated kitchen equipped with new granite counters, built-in cabinets & tile backsplash. Kitchen & living room separate both bedrooms & bathrooms at opposite ends of the home for added privacy. Bedrooms complete with walk-in closets + remodeled bathrooms with new tile, countertops & fixtures. Other updates include fresh paint & new flooring. Full utility room off the kitchen. Door to backyard opens to a patio + new walkway pavers. Large backyard with mature shade trees & ample room to make it your own enclosed by a NEW wooden fence. Huge 0.21-acre lot has plenty of space for parking rec vehicles or adding covered parking. Near tons of green space, steps from Melissa ISD schools, neighborhood parks, playgrounds, AND less than 15 minutes to McKinney—don’t miss your chance to own in a rapidly growing area of DFW for an unbeatable value!

6. 2026-04-13
   price $171,500 1246-char remark

   Show marketing remark (1246 chars)

   MOTIVATED SELLER! Serene country living in one of the fastest-growing communities in North Texas! Don’t miss this opportunity to own in a quiet neighborhood with small town charm zoned to the TOP-RATED Melissa ISD, steps to schools & neighborhood parks, with easy access to US-75. Fully updated inside and out—everything is NEW down to the studs! Renovated kitchen equipped with new granite counters, built-in cabinets & tile backsplash. Kitchen & living room separate both bedrooms & bathrooms at opposite ends of the home for added privacy. Bedrooms complete with walk-in closets + remodeled bathrooms with new tile, countertops & fixtures. Other updates include fresh paint & new flooring. Full utility room off the kitchen. Door to backyard opens to a patio + new walkway pavers. Large backyard with mature shade trees & ample room to make it your own enclosed by a NEW wooden fence. Huge 0.21-acre lot has plenty of space for parking rec vehicles or adding covered parking. Near tons of green space, steps from Melissa ISD schools, neighborhood parks, playgrounds, AND less than 15 minutes to McKinney—don’t miss your chance to own in a rapidly growing area of DFW for an unbeatable value!

7. 2026-04-09
   price $173,500 1246-char remark

   Show marketing remark (1246 chars)

   MOTIVATED SELLER! Serene country living in one of the fastest-growing communities in North Texas! Don’t miss this opportunity to own in a quiet neighborhood with small town charm zoned to the TOP-RATED Melissa ISD, steps to schools & neighborhood parks, with easy access to US-75. Fully updated inside and out—everything is NEW down to the studs! Renovated kitchen equipped with new granite counters, built-in cabinets & tile backsplash. Kitchen & living room separate both bedrooms & bathrooms at opposite ends of the home for added privacy. Bedrooms complete with walk-in closets + remodeled bathrooms with new tile, countertops & fixtures. Other updates include fresh paint & new flooring. Full utility room off the kitchen. Door to backyard opens to a patio + new walkway pavers. Large backyard with mature shade trees & ample room to make it your own enclosed by a NEW wooden fence. Huge 0.21-acre lot has plenty of space for parking rec vehicles or adding covered parking. Near tons of green space, steps from Melissa ISD schools, neighborhood parks, playgrounds, AND less than 15 minutes to McKinney—don’t miss your chance to own in a rapidly growing area of DFW for an unbeatable value!

8. 2026-04-07
   price $176,500 1246-char remark

   Show marketing remark (1246 chars)

   MOTIVATED SELLER! Serene country living in one of the fastest-growing communities in North Texas! Don’t miss this opportunity to own in a quiet neighborhood with small town charm zoned to the TOP-RATED Melissa ISD, steps to schools & neighborhood parks, with easy access to US-75. Fully updated inside and out—everything is NEW down to the studs! Renovated kitchen equipped with new granite counters, built-in cabinets & tile backsplash. Kitchen & living room separate both bedrooms & bathrooms at opposite ends of the home for added privacy. Bedrooms complete with walk-in closets + remodeled bathrooms with new tile, countertops & fixtures. Other updates include fresh paint & new flooring. Full utility room off the kitchen. Door to backyard opens to a patio + new walkway pavers. Large backyard with mature shade trees & ample room to make it your own enclosed by a NEW wooden fence. Huge 0.21-acre lot has plenty of space for parking rec vehicles or adding covered parking. Near tons of green space, steps from Melissa ISD schools, neighborhood parks, playgrounds, AND less than 15 minutes to McKinney—don’t miss your chance to own in a rapidly growing area of DFW for an unbeatable value!

9. 2026-04-02
   price $177,000 1246-char remark

   Show marketing remark (1246 chars)

   MOTIVATED SELLER! Serene country living in one of the fastest-growing communities in North Texas! Don’t miss this opportunity to own in a quiet neighborhood with small town charm zoned to the TOP-RATED Melissa ISD, steps to schools & neighborhood parks, with easy access to US-75. Fully updated inside and out—everything is NEW down to the studs! Renovated kitchen equipped with new granite counters, built-in cabinets & tile backsplash. Kitchen & living room separate both bedrooms & bathrooms at opposite ends of the home for added privacy. Bedrooms complete with walk-in closets + remodeled bathrooms with new tile, countertops & fixtures. Other updates include fresh paint & new flooring. Full utility room off the kitchen. Door to backyard opens to a patio + new walkway pavers. Large backyard with mature shade trees & ample room to make it your own enclosed by a NEW wooden fence. Huge 0.21-acre lot has plenty of space for parking rec vehicles or adding covered parking. Near tons of green space, steps from Melissa ISD schools, neighborhood parks, playgrounds, AND less than 15 minutes to McKinney—don’t miss your chance to own in a rapidly growing area of DFW for an unbeatable value!

10. 2026-04-01
    price $177,500 1246-char remark

    Show marketing remark (1246 chars)

    MOTIVATED SELLER! Serene country living in one of the fastest-growing communities in North Texas! Don’t miss this opportunity to own in a quiet neighborhood with small town charm zoned to the TOP-RATED Melissa ISD, steps to schools & neighborhood parks, with easy access to US-75. Fully updated inside and out—everything is NEW down to the studs! Renovated kitchen equipped with new granite counters, built-in cabinets & tile backsplash. Kitchen & living room separate both bedrooms & bathrooms at opposite ends of the home for added privacy. Bedrooms complete with walk-in closets + remodeled bathrooms with new tile, countertops & fixtures. Other updates include fresh paint & new flooring. Full utility room off the kitchen. Door to backyard opens to a patio + new walkway pavers. Large backyard with mature shade trees & ample room to make it your own enclosed by a NEW wooden fence. Huge 0.21-acre lot has plenty of space for parking rec vehicles or adding covered parking. Near tons of green space, steps from Melissa ISD schools, neighborhood parks, playgrounds, AND less than 15 minutes to McKinney—don’t miss your chance to own in a rapidly growing area of DFW for an unbeatable value!

11. 2026-03-30
    price $178,500 1246-char remark

    Show marketing remark (1246 chars)

    MOTIVATED SELLER! Serene country living in one of the fastest-growing communities in North Texas! Don’t miss this opportunity to own in a quiet neighborhood with small town charm zoned to the TOP-RATED Melissa ISD, steps to schools & neighborhood parks, with easy access to US-75. Fully updated inside and out—everything is NEW down to the studs! Renovated kitchen equipped with new granite counters, built-in cabinets & tile backsplash. Kitchen & living room separate both bedrooms & bathrooms at opposite ends of the home for added privacy. Bedrooms complete with walk-in closets + remodeled bathrooms with new tile, countertops & fixtures. Other updates include fresh paint & new flooring. Full utility room off the kitchen. Door to backyard opens to a patio + new walkway pavers. Large backyard with mature shade trees & ample room to make it your own enclosed by a NEW wooden fence. Huge 0.21-acre lot has plenty of space for parking rec vehicles or adding covered parking. Near tons of green space, steps from Melissa ISD schools, neighborhood parks, playgrounds, AND less than 15 minutes to McKinney—don’t miss your chance to own in a rapidly growing area of DFW for an unbeatable value!

12. 2026-03-25
    price $179,000 1246-char remark

    Show marketing remark (1246 chars)

    MOTIVATED SELLER! Serene country living in one of the fastest-growing communities in North Texas! Don’t miss this opportunity to own in a quiet neighborhood with small town charm zoned to the TOP-RATED Melissa ISD, steps to schools & neighborhood parks, with easy access to US-75. Fully updated inside and out—everything is NEW down to the studs! Renovated kitchen equipped with new granite counters, built-in cabinets & tile backsplash. Kitchen & living room separate both bedrooms & bathrooms at opposite ends of the home for added privacy. Bedrooms complete with walk-in closets + remodeled bathrooms with new tile, countertops & fixtures. Other updates include fresh paint & new flooring. Full utility room off the kitchen. Door to backyard opens to a patio + new walkway pavers. Large backyard with mature shade trees & ample room to make it your own enclosed by a NEW wooden fence. Huge 0.21-acre lot has plenty of space for parking rec vehicles or adding covered parking. Near tons of green space, steps from Melissa ISD schools, neighborhood parks, playgrounds, AND less than 15 minutes to McKinney—don’t miss your chance to own in a rapidly growing area of DFW for an unbeatable value!

13. 2026-03-23
    price $188,500 1246-char remark

    Show marketing remark (1246 chars)

    MOTIVATED SELLER! Serene country living in one of the fastest-growing communities in North Texas! Don’t miss this opportunity to own in a quiet neighborhood with small town charm zoned to the TOP-RATED Melissa ISD, steps to schools & neighborhood parks, with easy access to US-75. Fully updated inside and out—everything is NEW down to the studs! Renovated kitchen equipped with new granite counters, built-in cabinets & tile backsplash. Kitchen & living room separate both bedrooms & bathrooms at opposite ends of the home for added privacy. Bedrooms complete with walk-in closets + remodeled bathrooms with new tile, countertops & fixtures. Other updates include fresh paint & new flooring. Full utility room off the kitchen. Door to backyard opens to a patio + new walkway pavers. Large backyard with mature shade trees & ample room to make it your own enclosed by a NEW wooden fence. Huge 0.21-acre lot has plenty of space for parking rec vehicles or adding covered parking. Near tons of green space, steps from Melissa ISD schools, neighborhood parks, playgrounds, AND less than 15 minutes to McKinney—don’t miss your chance to own in a rapidly growing area of DFW for an unbeatable value!

14. 2026-03-19
    price $189,000 1246-char remark

    Show marketing remark (1246 chars)

    MOTIVATED SELLER! Serene country living in one of the fastest-growing communities in North Texas! Don’t miss this opportunity to own in a quiet neighborhood with small town charm zoned to the TOP-RATED Melissa ISD, steps to schools & neighborhood parks, with easy access to US-75. Fully updated inside and out—everything is NEW down to the studs! Renovated kitchen equipped with new granite counters, built-in cabinets & tile backsplash. Kitchen & living room separate both bedrooms & bathrooms at opposite ends of the home for added privacy. Bedrooms complete with walk-in closets + remodeled bathrooms with new tile, countertops & fixtures. Other updates include fresh paint & new flooring. Full utility room off the kitchen. Door to backyard opens to a patio + new walkway pavers. Large backyard with mature shade trees & ample room to make it your own enclosed by a NEW wooden fence. Huge 0.21-acre lot has plenty of space for parking rec vehicles or adding covered parking. Near tons of green space, steps from Melissa ISD schools, neighborhood parks, playgrounds, AND less than 15 minutes to McKinney—don’t miss your chance to own in a rapidly growing area of DFW for an unbeatable value!

15. 2026-03-18
    price $190,000 1246-char remark

    Show marketing remark (1246 chars)

    MOTIVATED SELLER! Serene country living in one of the fastest-growing communities in North Texas! Don’t miss this opportunity to own in a quiet neighborhood with small town charm zoned to the TOP-RATED Melissa ISD, steps to schools & neighborhood parks, with easy access to US-75. Fully updated inside and out—everything is NEW down to the studs! Renovated kitchen equipped with new granite counters, built-in cabinets & tile backsplash. Kitchen & living room separate both bedrooms & bathrooms at opposite ends of the home for added privacy. Bedrooms complete with walk-in closets + remodeled bathrooms with new tile, countertops & fixtures. Other updates include fresh paint & new flooring. Full utility room off the kitchen. Door to backyard opens to a patio + new walkway pavers. Large backyard with mature shade trees & ample room to make it your own enclosed by a NEW wooden fence. Huge 0.21-acre lot has plenty of space for parking rec vehicles or adding covered parking. Near tons of green space, steps from Melissa ISD schools, neighborhood parks, playgrounds, AND less than 15 minutes to McKinney—don’t miss your chance to own in a rapidly growing area of DFW for an unbeatable value!

16. 2026-03-16
    price $190,500 1246-char remark

    Show marketing remark (1246 chars)

    MOTIVATED SELLER! Serene country living in one of the fastest-growing communities in North Texas! Don’t miss this opportunity to own in a quiet neighborhood with small town charm zoned to the TOP-RATED Melissa ISD, steps to schools & neighborhood parks, with easy access to US-75. Fully updated inside and out—everything is NEW down to the studs! Renovated kitchen equipped with new granite counters, built-in cabinets & tile backsplash. Kitchen & living room separate both bedrooms & bathrooms at opposite ends of the home for added privacy. Bedrooms complete with walk-in closets + remodeled bathrooms with new tile, countertops & fixtures. Other updates include fresh paint & new flooring. Full utility room off the kitchen. Door to backyard opens to a patio + new walkway pavers. Large backyard with mature shade trees & ample room to make it your own enclosed by a NEW wooden fence. Huge 0.21-acre lot has plenty of space for parking rec vehicles or adding covered parking. Near tons of green space, steps from Melissa ISD schools, neighborhood parks, playgrounds, AND less than 15 minutes to McKinney—don’t miss your chance to own in a rapidly growing area of DFW for an unbeatable value!

17. 2026-03-12
    price $191,000 1246-char remark

    Show marketing remark (1246 chars)

    MOTIVATED SELLER! Serene country living in one of the fastest-growing communities in North Texas! Don’t miss this opportunity to own in a quiet neighborhood with small town charm zoned to the TOP-RATED Melissa ISD, steps to schools & neighborhood parks, with easy access to US-75. Fully updated inside and out—everything is NEW down to the studs! Renovated kitchen equipped with new granite counters, built-in cabinets & tile backsplash. Kitchen & living room separate both bedrooms & bathrooms at opposite ends of the home for added privacy. Bedrooms complete with walk-in closets + remodeled bathrooms with new tile, countertops & fixtures. Other updates include fresh paint & new flooring. Full utility room off the kitchen. Door to backyard opens to a patio + new walkway pavers. Large backyard with mature shade trees & ample room to make it your own enclosed by a NEW wooden fence. Huge 0.21-acre lot has plenty of space for parking rec vehicles or adding covered parking. Near tons of green space, steps from Melissa ISD schools, neighborhood parks, playgrounds, AND less than 15 minutes to McKinney—don’t miss your chance to own in a rapidly growing area of DFW for an unbeatable value!

18. 2026-03-11
    price $191,500 1246-char remark

    Show marketing remark (1246 chars)

    MOTIVATED SELLER! Serene country living in one of the fastest-growing communities in North Texas! Don’t miss this opportunity to own in a quiet neighborhood with small town charm zoned to the TOP-RATED Melissa ISD, steps to schools & neighborhood parks, with easy access to US-75. Fully updated inside and out—everything is NEW down to the studs! Renovated kitchen equipped with new granite counters, built-in cabinets & tile backsplash. Kitchen & living room separate both bedrooms & bathrooms at opposite ends of the home for added privacy. Bedrooms complete with walk-in closets + remodeled bathrooms with new tile, countertops & fixtures. Other updates include fresh paint & new flooring. Full utility room off the kitchen. Door to backyard opens to a patio + new walkway pavers. Large backyard with mature shade trees & ample room to make it your own enclosed by a NEW wooden fence. Huge 0.21-acre lot has plenty of space for parking rec vehicles or adding covered parking. Near tons of green space, steps from Melissa ISD schools, neighborhood parks, playgrounds, AND less than 15 minutes to McKinney—don’t miss your chance to own in a rapidly growing area of DFW for an unbeatable value!

19. 2026-03-09
    price $192,500 1246-char remark

    Show marketing remark (1246 chars)

    MOTIVATED SELLER! Serene country living in one of the fastest-growing communities in North Texas! Don’t miss this opportunity to own in a quiet neighborhood with small town charm zoned to the TOP-RATED Melissa ISD, steps to schools & neighborhood parks, with easy access to US-75. Fully updated inside and out—everything is NEW down to the studs! Renovated kitchen equipped with new granite counters, built-in cabinets & tile backsplash. Kitchen & living room separate both bedrooms & bathrooms at opposite ends of the home for added privacy. Bedrooms complete with walk-in closets + remodeled bathrooms with new tile, countertops & fixtures. Other updates include fresh paint & new flooring. Full utility room off the kitchen. Door to backyard opens to a patio + new walkway pavers. Large backyard with mature shade trees & ample room to make it your own enclosed by a NEW wooden fence. Huge 0.21-acre lot has plenty of space for parking rec vehicles or adding covered parking. Near tons of green space, steps from Melissa ISD schools, neighborhood parks, playgrounds, AND less than 15 minutes to McKinney—don’t miss your chance to own in a rapidly growing area of DFW for an unbeatable value!

20. 2026-03-05
    price $193,000 1246-char remark

    Show marketing remark (1246 chars)

    MOTIVATED SELLER! Serene country living in one of the fastest-growing communities in North Texas! Don’t miss this opportunity to own in a quiet neighborhood with small town charm zoned to the TOP-RATED Melissa ISD, steps to schools & neighborhood parks, with easy access to US-75. Fully updated inside and out—everything is NEW down to the studs! Renovated kitchen equipped with new granite counters, built-in cabinets & tile backsplash. Kitchen & living room separate both bedrooms & bathrooms at opposite ends of the home for added privacy. Bedrooms complete with walk-in closets + remodeled bathrooms with new tile, countertops & fixtures. Other updates include fresh paint & new flooring. Full utility room off the kitchen. Door to backyard opens to a patio + new walkway pavers. Large backyard with mature shade trees & ample room to make it your own enclosed by a NEW wooden fence. Huge 0.21-acre lot has plenty of space for parking rec vehicles or adding covered parking. Near tons of green space, steps from Melissa ISD schools, neighborhood parks, playgrounds, AND less than 15 minutes to McKinney—don’t miss your chance to own in a rapidly growing area of DFW for an unbeatable value!

21. 2026-03-04
    price $193,500 1246-char remark

    Show marketing remark (1246 chars)

    MOTIVATED SELLER! Serene country living in one of the fastest-growing communities in North Texas! Don’t miss this opportunity to own in a quiet neighborhood with small town charm zoned to the TOP-RATED Melissa ISD, steps to schools & neighborhood parks, with easy access to US-75. Fully updated inside and out—everything is NEW down to the studs! Renovated kitchen equipped with new granite counters, built-in cabinets & tile backsplash. Kitchen & living room separate both bedrooms & bathrooms at opposite ends of the home for added privacy. Bedrooms complete with walk-in closets + remodeled bathrooms with new tile, countertops & fixtures. Other updates include fresh paint & new flooring. Full utility room off the kitchen. Door to backyard opens to a patio + new walkway pavers. Large backyard with mature shade trees & ample room to make it your own enclosed by a NEW wooden fence. Huge 0.21-acre lot has plenty of space for parking rec vehicles or adding covered parking. Near tons of green space, steps from Melissa ISD schools, neighborhood parks, playgrounds, AND less than 15 minutes to McKinney—don’t miss your chance to own in a rapidly growing area of DFW for an unbeatable value!

22. 2026-03-02
    price $194,500 1246-char remark

    Show marketing remark (1246 chars)

    MOTIVATED SELLER! Serene country living in one of the fastest-growing communities in North Texas! Don’t miss this opportunity to own in a quiet neighborhood with small town charm zoned to the TOP-RATED Melissa ISD, steps to schools & neighborhood parks, with easy access to US-75. Fully updated inside and out—everything is NEW down to the studs! Renovated kitchen equipped with new granite counters, built-in cabinets & tile backsplash. Kitchen & living room separate both bedrooms & bathrooms at opposite ends of the home for added privacy. Bedrooms complete with walk-in closets + remodeled bathrooms with new tile, countertops & fixtures. Other updates include fresh paint & new flooring. Full utility room off the kitchen. Door to backyard opens to a patio + new walkway pavers. Large backyard with mature shade trees & ample room to make it your own enclosed by a NEW wooden fence. Huge 0.21-acre lot has plenty of space for parking rec vehicles or adding covered parking. Near tons of green space, steps from Melissa ISD schools, neighborhood parks, playgrounds, AND less than 15 minutes to McKinney—don’t miss your chance to own in a rapidly growing area of DFW for an unbeatable value!

23. 2026-02-26
    price $195,000 1246-char remark

    Show marketing remark (1246 chars)

    MOTIVATED SELLER! Serene country living in one of the fastest-growing communities in North Texas! Don’t miss this opportunity to own in a quiet neighborhood with small town charm zoned to the TOP-RATED Melissa ISD, steps to schools & neighborhood parks, with easy access to US-75. Fully updated inside and out—everything is NEW down to the studs! Renovated kitchen equipped with new granite counters, built-in cabinets & tile backsplash. Kitchen & living room separate both bedrooms & bathrooms at opposite ends of the home for added privacy. Bedrooms complete with walk-in closets + remodeled bathrooms with new tile, countertops & fixtures. Other updates include fresh paint & new flooring. Full utility room off the kitchen. Door to backyard opens to a patio + new walkway pavers. Large backyard with mature shade trees & ample room to make it your own enclosed by a NEW wooden fence. Huge 0.21-acre lot has plenty of space for parking rec vehicles or adding covered parking. Near tons of green space, steps from Melissa ISD schools, neighborhood parks, playgrounds, AND less than 15 minutes to McKinney—don’t miss your chance to own in a rapidly growing area of DFW for an unbeatable value!

24. 2026-02-26
    price $211,000 1246-char remark

    Show marketing remark (1246 chars)

    MOTIVATED SELLER! Serene country living in one of the fastest-growing communities in North Texas! Don’t miss this opportunity to own in a quiet neighborhood with small town charm zoned to the TOP-RATED Melissa ISD, steps to schools & neighborhood parks, with easy access to US-75. Fully updated inside and out—everything is NEW down to the studs! Renovated kitchen equipped with new granite counters, built-in cabinets & tile backsplash. Kitchen & living room separate both bedrooms & bathrooms at opposite ends of the home for added privacy. Bedrooms complete with walk-in closets + remodeled bathrooms with new tile, countertops & fixtures. Other updates include fresh paint & new flooring. Full utility room off the kitchen. Door to backyard opens to a patio + new walkway pavers. Large backyard with mature shade trees & ample room to make it your own enclosed by a NEW wooden fence. Huge 0.21-acre lot has plenty of space for parking rec vehicles or adding covered parking. Near tons of green space, steps from Melissa ISD schools, neighborhood parks, playgrounds, AND less than 15 minutes to McKinney—don’t miss your chance to own in a rapidly growing area of DFW for an unbeatable value!

25. 2026-02-25
    price $211,500 1246-char remark

    Show marketing remark (1246 chars)

    MOTIVATED SELLER! Serene country living in one of the fastest-growing communities in North Texas! Don’t miss this opportunity to own in a quiet neighborhood with small town charm zoned to the TOP-RATED Melissa ISD, steps to schools & neighborhood parks, with easy access to US-75. Fully updated inside and out—everything is NEW down to the studs! Renovated kitchen equipped with new granite counters, built-in cabinets & tile backsplash. Kitchen & living room separate both bedrooms & bathrooms at opposite ends of the home for added privacy. Bedrooms complete with walk-in closets + remodeled bathrooms with new tile, countertops & fixtures. Other updates include fresh paint & new flooring. Full utility room off the kitchen. Door to backyard opens to a patio + new walkway pavers. Large backyard with mature shade trees & ample room to make it your own enclosed by a NEW wooden fence. Huge 0.21-acre lot has plenty of space for parking rec vehicles or adding covered parking. Near tons of green space, steps from Melissa ISD schools, neighborhood parks, playgrounds, AND less than 15 minutes to McKinney—don’t miss your chance to own in a rapidly growing area of DFW for an unbeatable value!

26. 2026-02-23
    price $212,500 1246-char remark

    Show marketing remark (1246 chars)

    MOTIVATED SELLER! Serene country living in one of the fastest-growing communities in North Texas! Don’t miss this opportunity to own in a quiet neighborhood with small town charm zoned to the TOP-RATED Melissa ISD, steps to schools & neighborhood parks, with easy access to US-75. Fully updated inside and out—everything is NEW down to the studs! Renovated kitchen equipped with new granite counters, built-in cabinets & tile backsplash. Kitchen & living room separate both bedrooms & bathrooms at opposite ends of the home for added privacy. Bedrooms complete with walk-in closets + remodeled bathrooms with new tile, countertops & fixtures. Other updates include fresh paint & new flooring. Full utility room off the kitchen. Door to backyard opens to a patio + new walkway pavers. Large backyard with mature shade trees & ample room to make it your own enclosed by a NEW wooden fence. Huge 0.21-acre lot has plenty of space for parking rec vehicles or adding covered parking. Near tons of green space, steps from Melissa ISD schools, neighborhood parks, playgrounds, AND less than 15 minutes to McKinney—don’t miss your chance to own in a rapidly growing area of DFW for an unbeatable value!

27. 2026-02-19
    price $213,000 1246-char remark

    Show marketing remark (1246 chars)

    MOTIVATED SELLER! Serene country living in one of the fastest-growing communities in North Texas! Don’t miss this opportunity to own in a quiet neighborhood with small town charm zoned to the TOP-RATED Melissa ISD, steps to schools & neighborhood parks, with easy access to US-75. Fully updated inside and out—everything is NEW down to the studs! Renovated kitchen equipped with new granite counters, built-in cabinets & tile backsplash. Kitchen & living room separate both bedrooms & bathrooms at opposite ends of the home for added privacy. Bedrooms complete with walk-in closets + remodeled bathrooms with new tile, countertops & fixtures. Other updates include fresh paint & new flooring. Full utility room off the kitchen. Door to backyard opens to a patio + new walkway pavers. Large backyard with mature shade trees & ample room to make it your own enclosed by a NEW wooden fence. Huge 0.21-acre lot has plenty of space for parking rec vehicles or adding covered parking. Near tons of green space, steps from Melissa ISD schools, neighborhood parks, playgrounds, AND less than 15 minutes to McKinney—don’t miss your chance to own in a rapidly growing area of DFW for an unbeatable value!

28. 2026-02-18
    price $213,500 1246-char remark

    Show marketing remark (1246 chars)

    MOTIVATED SELLER! Serene country living in one of the fastest-growing communities in North Texas! Don’t miss this opportunity to own in a quiet neighborhood with small town charm zoned to the TOP-RATED Melissa ISD, steps to schools & neighborhood parks, with easy access to US-75. Fully updated inside and out—everything is NEW down to the studs! Renovated kitchen equipped with new granite counters, built-in cabinets & tile backsplash. Kitchen & living room separate both bedrooms & bathrooms at opposite ends of the home for added privacy. Bedrooms complete with walk-in closets + remodeled bathrooms with new tile, countertops & fixtures. Other updates include fresh paint & new flooring. Full utility room off the kitchen. Door to backyard opens to a patio + new walkway pavers. Large backyard with mature shade trees & ample room to make it your own enclosed by a NEW wooden fence. Huge 0.21-acre lot has plenty of space for parking rec vehicles or adding covered parking. Near tons of green space, steps from Melissa ISD schools, neighborhood parks, playgrounds, AND less than 15 minutes to McKinney—don’t miss your chance to own in a rapidly growing area of DFW for an unbeatable value!

29. 2026-02-16
    price $214,500 1246-char remark

    Show marketing remark (1246 chars)

    MOTIVATED SELLER! Serene country living in one of the fastest-growing communities in North Texas! Don’t miss this opportunity to own in a quiet neighborhood with small town charm zoned to the TOP-RATED Melissa ISD, steps to schools & neighborhood parks, with easy access to US-75. Fully updated inside and out—everything is NEW down to the studs! Renovated kitchen equipped with new granite counters, built-in cabinets & tile backsplash. Kitchen & living room separate both bedrooms & bathrooms at opposite ends of the home for added privacy. Bedrooms complete with walk-in closets + remodeled bathrooms with new tile, countertops & fixtures. Other updates include fresh paint & new flooring. Full utility room off the kitchen. Door to backyard opens to a patio + new walkway pavers. Large backyard with mature shade trees & ample room to make it your own enclosed by a NEW wooden fence. Huge 0.21-acre lot has plenty of space for parking rec vehicles or adding covered parking. Near tons of green space, steps from Melissa ISD schools, neighborhood parks, playgrounds, AND less than 15 minutes to McKinney—don’t miss your chance to own in a rapidly growing area of DFW for an unbeatable value!

30. 2026-02-12
    price $215,000 1246-char remark

    Show marketing remark (1246 chars)

    MOTIVATED SELLER! Serene country living in one of the fastest-growing communities in North Texas! Don’t miss this opportunity to own in a quiet neighborhood with small town charm zoned to the TOP-RATED Melissa ISD, steps to schools & neighborhood parks, with easy access to US-75. Fully updated inside and out—everything is NEW down to the studs! Renovated kitchen equipped with new granite counters, built-in cabinets & tile backsplash. Kitchen & living room separate both bedrooms & bathrooms at opposite ends of the home for added privacy. Bedrooms complete with walk-in closets + remodeled bathrooms with new tile, countertops & fixtures. Other updates include fresh paint & new flooring. Full utility room off the kitchen. Door to backyard opens to a patio + new walkway pavers. Large backyard with mature shade trees & ample room to make it your own enclosed by a NEW wooden fence. Huge 0.21-acre lot has plenty of space for parking rec vehicles or adding covered parking. Near tons of green space, steps from Melissa ISD schools, neighborhood parks, playgrounds, AND less than 15 minutes to McKinney—don’t miss your chance to own in a rapidly growing area of DFW for an unbeatable value!

31. 2026-02-11
    price $215,500 1246-char remark

    Show marketing remark (1246 chars)

    MOTIVATED SELLER! Serene country living in one of the fastest-growing communities in North Texas! Don’t miss this opportunity to own in a quiet neighborhood with small town charm zoned to the TOP-RATED Melissa ISD, steps to schools & neighborhood parks, with easy access to US-75. Fully updated inside and out—everything is NEW down to the studs! Renovated kitchen equipped with new granite counters, built-in cabinets & tile backsplash. Kitchen & living room separate both bedrooms & bathrooms at opposite ends of the home for added privacy. Bedrooms complete with walk-in closets + remodeled bathrooms with new tile, countertops & fixtures. Other updates include fresh paint & new flooring. Full utility room off the kitchen. Door to backyard opens to a patio + new walkway pavers. Large backyard with mature shade trees & ample room to make it your own enclosed by a NEW wooden fence. Huge 0.21-acre lot has plenty of space for parking rec vehicles or adding covered parking. Near tons of green space, steps from Melissa ISD schools, neighborhood parks, playgrounds, AND less than 15 minutes to McKinney—don’t miss your chance to own in a rapidly growing area of DFW for an unbeatable value!

32. 2026-02-09
    price $216,500 1246-char remark

    Show marketing remark (1246 chars)

    MOTIVATED SELLER! Serene country living in one of the fastest-growing communities in North Texas! Don’t miss this opportunity to own in a quiet neighborhood with small town charm zoned to the TOP-RATED Melissa ISD, steps to schools & neighborhood parks, with easy access to US-75. Fully updated inside and out—everything is NEW down to the studs! Renovated kitchen equipped with new granite counters, built-in cabinets & tile backsplash. Kitchen & living room separate both bedrooms & bathrooms at opposite ends of the home for added privacy. Bedrooms complete with walk-in closets + remodeled bathrooms with new tile, countertops & fixtures. Other updates include fresh paint & new flooring. Full utility room off the kitchen. Door to backyard opens to a patio + new walkway pavers. Large backyard with mature shade trees & ample room to make it your own enclosed by a NEW wooden fence. Huge 0.21-acre lot has plenty of space for parking rec vehicles or adding covered parking. Near tons of green space, steps from Melissa ISD schools, neighborhood parks, playgrounds, AND less than 15 minutes to McKinney—don’t miss your chance to own in a rapidly growing area of DFW for an unbeatable value!

33. 2026-02-04
    listed $217,000 Active 1246-char remark

    Show marketing remark (1246 chars)

    MOTIVATED SELLER! Serene country living in one of the fastest-growing communities in North Texas! Don’t miss this opportunity to own in a quiet neighborhood with small town charm zoned to the TOP-RATED Melissa ISD, steps to schools & neighborhood parks, with easy access to US-75. Fully updated inside and out—everything is NEW down to the studs! Renovated kitchen equipped with new granite counters, built-in cabinets & tile backsplash. Kitchen & living room separate both bedrooms & bathrooms at opposite ends of the home for added privacy. Bedrooms complete with walk-in closets + remodeled bathrooms with new tile, countertops & fixtures. Other updates include fresh paint & new flooring. Full utility room off the kitchen. Door to backyard opens to a patio + new walkway pavers. Large backyard with mature shade trees & ample room to make it your own enclosed by a NEW wooden fence. Huge 0.21-acre lot has plenty of space for parking rec vehicles or adding covered parking. Near tons of green space, steps from Melissa ISD schools, neighborhood parks, playgrounds, AND less than 15 minutes to McKinney—don’t miss your chance to own in a rapidly growing area of DFW for an unbeatable value!

34. 2025-09-25
    historical
35. 2025-09-23
    price $189,700
36. 2025-09-17
    price $190,700
37. 2025-09-11
    price $191,700
38. 2025-09-09
    price $192,700
39. 2025-09-02
    price $193,700
40. 2025-08-28
    price $194,700
41. 2025-08-26
    price $195,700
42. 2025-08-21
    price $196,700
43. 2025-08-19
    price $197,700
44. 2025-08-15
    price $198,700
45. 2025-08-07
    price $199,700
46. 2025-08-05
    price $206,000
47. 2025-08-01
    price $207,000
48. 2025-07-29
    price $208,000
49. 2025-07-24
    price $209,000
50. 2025-07-22
    price $209,900

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast TX · Resets to sale price

• Current annual tax: $2,577 · $215/mo
• Projected year-2 tax: $2,992 · $249/mo
• Expected delta: +$415/yr (+$35/mo · 16.1%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 5/10 Major
• 🌡 Heat 7/10 Severe 7 d/yr ≥110°F today · 23 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $21,913
• − Mortgage interest: −$9,159
• − Property taxes: −$2,577
• − Insurance: −$818
• − Repairs & maintenance: −$1,753
• − Management: −$1,753
• − Depreciation: −$4,756
• Taxable income: $1,097
• Est. tax owed @ 24.0%: −$263
• After-tax cash flow: $3,364/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Melissa ISD
• NCES district ID: 4830120
• Math proficiency: 65% ▼ -8.00%
• Reading proficiency: 65% ▼ -2.00%
• Median HH income: $82,500
• Composite: 58.34/100
• National rank: #1012
• State rank: #24 of 826 in TX

Livability — Melissa

• Score: 68/100
• State rank: #477
• US rank: #9595

Category grades

Amenities F Commute F Cost of living D Crime A+ Employment A+ Housing A+ Health & safety D- User ratings F

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Melissa, TX
• County: Collin County · 1,159,394 people
• City population: 22,990
• Metro: Dallas-Fort Worth-Arlington, TX
• Population (ZIP): 22,990
• Household income: $138,827
• Rent vs Own: 11.4% rent · 88.6% own
• Severe rent burden: 246.0

Population outlook (Collin County) Hauer SSP2

• Today (2025): 1,210,074 people
• By 2030: 1,358,201 · +12.2%
• By 2040: 1,654,061 · +36.7%
• By 2050: 1,937,359 · +60.1%
• By 2075: 2,567,039 · +112.1%
• By 2100: 2,952,048 · +144.0%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.60)
• Race & ethnicity: White 59% Hispanic / Latino 16% Black 15% Two or more races 10% Asian 6%
• Hispanic origin (detail): Mexican 11%
• Common ancestry: Italian 4% Slovak 3% Romanian 3%
• Foreign-born: 13% · Canada, China
• Languages at home: 78% English-only · Spanish 12% Other Indo-European 2% Other Asian/Pacific 2%

Political lean MEDSL · Collin

• 2024 margin: R (+11.1) · D 43.1% · R 54.3% · Other 2.6%
• 2008→2024 swing: +14.4pp toward D · 2008: -25.6pp · 2024: -11.1pp
• All cycles: 2024: R+11.1 2020: R+4.3 2016: R+17.0 2012: R+31.6 2008: R+25.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -4.66%
• Current HPI: 235.2508
• Rent YoY: ▼ -1.42%
• Metro: Dallas-Fort Worth-Arlington, TX
• State GDP YoY: ▲ 3.95%
• F500 in state: 110

Industry mix (Fortune 500 HQ in TX)

Industry	F500 HQs	Revenue
▸Energy	16	$1,198B
▸Technology	5	$198B
▸Engineering / Construction	4	$72B
▸Energy Services	3	$60B
▸Utilities	3	$41B
▸Healthcare	2	$330B

Price history

-24.7% since first listed

59 events — show timeline

• 2026-05-13 Pending — NTREIS
• 2026-04-29 Price Changed $163,500 NTREIS
• 2026-04-21 Price Changed $165,500 NTREIS
• 2026-04-16 Price Changed $167,500 NTREIS
• 2026-04-15 Price Changed $169,500 NTREIS
• 2026-04-13 Price Changed $171,500 NTREIS
• 2026-04-09 Price Changed $173,500 NTREIS
• 2026-04-07 Price Changed $176,500 NTREIS
• 2026-04-02 Price Changed $177,000 NTREIS
• 2026-04-01 Price Changed $177,500 NTREIS
• 2026-03-30 Price Changed $178,500 NTREIS
• 2026-03-25 Price Changed $179,000 NTREIS
• 2026-03-23 Price Changed $188,500 NTREIS
• 2026-03-19 Price Changed $189,000 NTREIS
• 2026-03-18 Price Changed $190,000 NTREIS
• 2026-03-16 Price Changed $190,500 NTREIS
• 2026-03-12 Price Changed $191,000 NTREIS
• 2026-03-11 Price Changed $191,500 NTREIS
• 2026-03-09 Price Changed $192,500 NTREIS
• 2026-03-05 Price Changed $193,000 NTREIS
• 2026-03-04 Price Changed $193,500 NTREIS
• 2026-03-02 Price Changed $194,500 NTREIS
• 2026-02-26 Price Changed $195,000 NTREIS
• 2026-02-26 Price Changed $211,000 NTREIS
• 2026-02-25 Price Changed $211,500 NTREIS
• 2026-02-23 Price Changed $212,500 NTREIS
• 2026-02-19 Price Changed $213,000 NTREIS
• 2026-02-18 Price Changed $213,500 NTREIS
• 2026-02-16 Price Changed $214,500 NTREIS
• 2026-02-12 Price Changed $215,000 NTREIS
• 2026-02-11 Price Changed $215,500 NTREIS
• 2026-02-09 Price Changed $216,500 NTREIS
• 2026-02-04 Listed $217,000 NTREIS
• 2025-09-25 Listing Removed — NTREIS
• 2025-09-23 Price Changed $189,700 NTREIS
• 2025-09-17 Price Changed $190,700 NTREIS
• 2025-09-11 Price Changed $191,700 NTREIS
• 2025-09-09 Price Changed $192,700 NTREIS
• 2025-09-02 Price Changed $193,700 NTREIS
• 2025-08-28 Price Changed $194,700 NTREIS
• 2025-08-26 Price Changed $195,700 NTREIS
• 2025-08-21 Price Changed $196,700 NTREIS
• 2025-08-19 Price Changed $197,700 NTREIS
• 2025-08-15 Price Changed $198,700 NTREIS
• 2025-08-07 Price Changed $199,700 NTREIS
• 2025-08-05 Price Changed $206,000 NTREIS
• 2025-08-01 Price Changed $207,000 NTREIS
• 2025-07-29 Price Changed $208,000 NTREIS
• 2025-07-24 Price Changed $209,000 NTREIS
• 2025-07-22 Price Changed $209,900 NTREIS
• 2025-07-17 Price Changed $215,000 NTREIS
• 2025-07-15 Price Changed $216,000 NTREIS
• 2025-07-09 Listed $217,000 NTREIS
• 2025-03-03 Sold (Public Records) — Public Records
• 2025-03-03 Sold (Public Records) — Public Records
• 2025-03-03 Sold (Public Records) — Public Records
• 2025-03-03 Sold (Public Records) — Public Records
• 1994-09-15 Sold (Public Records) — Public Records
• 1981-02-01 Sold (Public Records) — Public Records

Property tax history

+13.2%/yr

Latest (2025): $2,577 · +29.5% YoY. Source: county tax records.