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$415,000

Beds
4
Baths
2.0
sq ft
2,045

3011 Teak Dr, Melissa, TX 75454

3011 Teak Dr

Melissa, TX 75454

  • 260 days on market
    • Price drop $14,000↓
Meticulously cared for 4 bedroom PLUS office now available in highly sought after North Creek subdivision! Built in 2019, this beautiful home features impeccable curb appeal, open floorplan, modern kitchen, engineered hardwood floors, picture windows that brings in beautiful natural lighting, a private backyard with extended patio and more! Located in a highly desirable neighborhood with an onsite exemplary rated elementary school, 2 pools, gym, fishing pond and close access to I-75 and Hwy 121.

Details

Property type

Single Family Residence

Est. home value

$419,197

Lot size

6,011.28 sq ft

Price per sq ft

$203

Year built

2019

Annual property taxes

$6,981

Monthly HOA fee

$56.83

Price History

01/03/2025
NTREIS

NTREIS #20637142

Price change
$415,000
-3.26%
07/19/2024
NTREIS

NTREIS #20637142

Price change
$429,000
-2.28%
06/07/2024
NTREIS

NTREIS #20637142

Listed
$439,000

Schools & Community

Elementary school: 

North Creek

Middle school: 

Melissa

High school: 

Melissa

Community features: 

Pool, Clubhouse, Curbs, Fishing, Fitness Center, Park, Playground, Sidewalks

School district: 

Melissa ISD

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$155,795
Asking price
$415,000
Closing costs (~8% of asking)
-$33,200
Est. remaining loan balance
-$226,005
Cash to seller
$155,795

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Freedom Mortgage Corp

Loan start date

September 2019

Original loan amount

$253,472

Est. remaining balance

$226,005

Interest rate

3.75%

Loan type

FHA, 30 year

Seller

Jose Remigio and Rosa Remigio

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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3605 Cottonwood Rd, Melissa, TX 75454

Status: Active

Tomo last checked: 02/23/2025 at 5:55 PM

Listing updated: 01/03/2025 at 2:39 PM

Listed by: Millie Cespedes, Phillips Realty Group & Assoc Phone #: (214) 432-4416

MLS: NTREIS #20637142

NTREIS logo

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