2 months on rocket

507 Teal Ln, Melissa, TX, 75454

$359,900

Home List Price

$4,274*

Closing Credit

4 Bedrooms
2 Full Baths
2,098 SqFt
$172/SqFt
House

Location

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507 Teal Ln, Melissa$359,900

Buyer Closing Credits

$4,274*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingGarage Faces Front, Garage, Garage Door Opener
Attached Garage2 spaces
Year Built2007
FireplaceGas Log
MLS #20722166
Lot Size0.15 Acres
StatusActive

About 507 Teal Ln

Fantastic 4 Bedroom 2 Bathroom located in the Hunter's Ridge neighborhood of Melissa just off of I75. This home boasts engineered hardwood flooring, new carpet, fresh paint, and stainless steel appliances. The engineered hardwood flooring in kitchen, living, hallway, and dining areas has recently been sanded down and refinished. The kitchen opens to the breakfast and living room. There is a formal living area and dining room in the front of the home. In addition to a concrete patio, there is also a separate fenced off area that could be used as a dog run. The back fence has just been replaced.

Property Details

Property Features

Property Information:

  • Architectural Style: Detached
  • Year Built: 2007
  • Living Area: 2,098 SqFt

Listing Office:

  • Office Name: OnDemand Realty
  • Office Phone: (214) 707-7261
  • Listing Agent: Kendra Delorenzo

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Range
  • Basement: No
  • Interior: Double Vanity, Open Floorplan
  • Fireplace: Gas Log

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Garage Faces Front, Garage, Garage Door Opener

Virtual/3D Tour

  • Virtual Tour: 507 Teal Ln
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Lot Features

Lot Information:

  • Lot Size: 0.15 Acres

Other

Directions Information:

  • Directions: Please use GPs

Price Information

Listing Price Info

Price Summary:

  • List Price: $359,900
  • Price Per SqFt: $172/SqFt

HOA Fees:

  • Amount: $385
  • Frequency: Annually

Tax Information:

  • Annual Amount: $5,783
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Melissa, TX.

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Melissa, TX

City

Med. List Price

$515.6K

Med. Price/SqFt

$200

Avg. Days On Market

78

# of Sold Homes

29

507 Teal Ln vs Melissa

67 DAYS ON ROCKET

-11 Days

$359,900

-$155.7K Less

$172/SqFt

-$29 Less

KEY TAKEAWAY

This property is $155.7K less than the Median List Price and $29/SqFt less than other homes in Melissa, TX.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NTR
  • MLS Number: #20722166

Listing Office:

  • Office Name: OnDemand Realty
  • Office Phone: (214) 707-7261
  • Listing Agent: Kendra Delorenzo

IDX ©2024 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 11/17/2024, 1:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 12, 2012Home Sold
$120,000

Tax History

YEARPROP. TAXASSESSMENT
2021$5,783$253,845
2020$5,783$248,646
2019$5,379$236,672
2018$5,380$211,664
2017$4,911$192,422

History based on county public records data.

Payment Calculator

$1,896

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,146

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-493265
8
/10

  • Harry Mckillop Elementary School

  • 3509 Liberty Way

  • 1.75 miles

  • Public District Grades 1-5

school-card-donut-493266
6
/10

  • North Creek Elementary School

  • 4401 Cypress Dr

  • 2.57 miles

  • Public District Grades 1-5

school-card-donut-493267
4
/10

  • Naomi Press Elementary School

  • 4101 Shawnee Rd

  • 3.45 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $85,268. Most Melissa, TX residents have annual incomes between $35k-100k. Most families are married, with kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 507 Teal Ln

What is the listing price of this property?

The listing price of 507 Teal Ln property is $359,900.

What type of property is this?

The property 507 Teal Ln is a house located in Melissa, Texas, 75454.

Is this property for sale now?

Active Listing: 507 Teal Ln is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $5,783 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on March 12, 2012 for $120,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 507 Teal Ln has 4 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 507 Teal Ln is 2,098 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 507 Teal Ln is 2007.

Rocket Homes›Texas›Collin County›Melissa›75454›507 Teal Ln

This home is located at 507 Teal Ln in Melissa, TX and zip code 75454. This 2,098 square foot home, which was built in 2007, sits on a 0.15 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 11, 2024 and is currently priced at $359,900.

The number of listings in Melissa, TX increased by 2.2% between September 2024 and October 2024. While the average time on the market in October 2024 was 78 days, the median list price was $515,636.

From Rocket Homes Real Estate and based on county public records data.

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