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1 Trailridge Drive Melissa, TX 75454

$292,655
LOW
$344,300 Estimated value of the home, based on tax records and nearby sales information for similar homes.
$395,945
HIGH
 
VALUE ESTIMATE
 
Value Estimate
$344,300Estimated value of the home, based on tax records and nearby sales information for similar homes.
Beds
4
AC
Central A/C
Payment Estimate
--
Baths Full
3
Foundation
Slab
Rent Estimate
$2,380Estimated monthly rental price, based on a proprietary formula.
Baths Half
1
Fireplaces
1
Tax Estimate
$6,943Estimated property taxes paid on an annual basis.
Sq Ft
3,471
Parking
Garage
 HomeScore
70A relative rating of projected appreciation over a 10-year holding period. Homes that score above 50 are expected to outperform the market.
Lot Size
--
Parking Spaces
2
 InvestorScore
92A relative rating of projected positive cash flow over a 10-year holding period. Properties that score above 50 are expected to outperform the market.
Construction
Frame
Last Sale Date
03/13/2012
Style
--
Last Sale Price
$318,000
Year Built
1990

1 Trailridge Drive is located in Melissa, TX. At this time, the property has an estimated value of $344,300 and yearly taxes of $6,943. This home has 4 bedrooms, 3½ bathrooms, and approximately 3,471 sqft of living space. The property was built in 1990. Similar homes nearby have 4 bedrooms, 3 baths and sell for around $350,000.

Property History

DateEventSourcePrice
8/31/2012Sign InNTREISSign In
7/13/2012Sign InNTREISSign In
6/19/2012Sign InNTREISSign In
5/24/2012Sign InNTREISSign In

Melissa Market Trends

Check out Melissa homes for sale, read the Melissa real estate news or review the Melissa real estate trends. Here is a summary of local market conditions over the past 30 days:

Market Health Score
70
Fairly Healthy

51

$360,180

129

4.3

Median Sales Price
$277,500
+15.6%
Sales (30 Days)
12
-20.0%

Recent Sales Like 1 Trailridge Drive

25
$348k
68
$343k
1%

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Melissa Public Schools

A child living at 1 Trailridge Drive, Melissa, TX would typically attend one of the following public schools: Harry McKillop Elementary School, Melissa Middle School, Melissa Ridge Intermed, or Melissa High School. School boundaries and attendance zones are updated frequently. This guidance should not be used to determine the legal eligibility to attend any particular school or school system.

Melissa REAL ESTATE NEWS

The Melissa market saw sales remain flat this week with 12 homes sold over the last 30 days, while new listings rose to 12. The median sales price in Melissa rose to $277,500 while months of inventory... Read More »

The Melissa market reported positive news this week as sales rose 20.0% to hit 12 homes sold over the last 30 days. Within the same time frame, McKinney had 230 sales, the most of all cities in the ar... Read More »

Melissa is a larger than average city in Texas with 4,695 residents. It's also the fastest growing, at a 10-year growth rate of 147.2%. The Melissa market is almost exclusively made up of detached hou... Read More »

1 Trailridge Drive Map

Ask a local expert about this home:
Justin Henry Real Estate Advisors LLC
43 reviews
The Experts Realtors
Snapped 3 homes in this area
ERA Steve Cook & Co, REALTORS
Snapped 1 home in this area

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1 Trailridge Dr, Melissa, TX 75454US
1 Trailridge Dr is located in Melissa, TX. At this time, the property has an estimated value of $344,300 and yearly taxes of $6,943. This home has 4 bedrooms, 3½ bathrooms, and approximately 3,471 sqft of living space. The property was built in 1990. Similar homes nearby have 4 bedrooms, 3 baths and sell for around $350,000. Justin Henry, Suzette Shushok, and Janey hogenson are Homesnap Local Experts in and around Melissa.
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