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General Description
minimizeBeautiful 3 bedroom 2 bathroom home well maintained by original owner. Located in highly rated Melissa ISD. Floor plan places primary bedroom in the back of the home with an en-suite bathroom and walk-in closet. Conveniently located within minutes to US 75. Short walk to community park and pool. Book your showing today!
MLS#:
20538639 (NTREIS)
Sold Price Range:
$285,001 - $325,000
Listing Status:
Sold
Address:
503 Teal Ln
City:
Melissa
State:
TX
Zip Code:
County:
Subdivision:
Hunters Ridge Ph 3
Legal Description:
HUNTERS RIDGE PHASE 3 (CML), BLK D, LOT 15
Property Type:
Residential - Single Family
Bedrooms:
3 Bedroom(s)
Baths:
2 Full Bath(s)
Garage(s):
2 / Attached
Stories:
1
Year Built:
2008 /Appraisal District
Building Sqft.:
1,426 /Appraisal District
Lot Size:
6,534 Sqft. /Appraisal District
Maintenance Fee:
$ 32 / Semi-Annu
Rooms/Lot Dimensions
Living:
1st
Primary Bedroom:
1st
Bedroom:
1st
Interior Features
Number Of Living Area:
1
Fireplace:
1/Living Room
Floors:
Carpet, Tile
Heating:
Fireplace(s), Natural Gas
Appliances:
Dishwasher, Gas Oven, Gas Range, Microwave
Interior:
Cable TV Available, Pantry, Walk-In Closet(s)
Exterior Features
Private Pool:
No
Parking:
Garage Double Door, Garage Door Opener, Garage, Garage Faces Front
Parking Space:
Garage 2 / Carport 0 / Total Covered 2
Fencing:
Fenced, Wood
Utility:
City Sewer, City Water, Co-op Electric
Area Pool:
Yes
Additional Information
Dwelling Type:
Single Detached
Community Features:
Community Pool, Park
Financial Information
Maintenance Fee:
$192/Semi-Annual
Maint Fee Includes:
Full Use of Facilities
Source
Selling Agent and Brokerage
minimizeProperty Tax
minimizeMarket Value Per Appraisal District
Cost/sqft based on Market Value
| Tax Year | Cost/sqft | Market Value | Change | Tax Assessment | Change |
|---|---|---|---|---|---|
| 2023 | $209.47 | $298,698 | 8.54% | $238,220 | 10.00% |
| 2022 | $192.98 | $275,195 | 43.46% | $216,564 | 12.89% |
| 2020 | $134.52 | $191,831 | -0.26% | $191,831 | 0.93% |
| 2019 | $134.88 | $192,332 | 2.64% | $190,054 | 10.00% |
| 2018 | $131.41 | $187,388 | 8.79% | $172,776 | 10.00% |
| 2017 | $120.79 | $172,248 | 9.24% | $157,069 | 10.00% |
| 2016 | $110.58 | $157,680 | 11.98% | $142,790 | 10.00% |
| 2015 | $98.74 | $140,806 | 19.32% | $129,809 | 10.00% |
| 2014 | $82.75 | $118,008 | 10.00% | $118,008 | 10.00% |
| 2013 | $75.23 | $107,280 | $107,280 |
2023 Collin County Appraisal District Tax Value
| Market Land Value: | $90,000 |
| Market Improvement Value: | $208,698 |
| Total Market Value: | $298,698 |
2023 Tax Rates
| MELISSA CITY: | 0.4547 % |
| COLLIN COUNTY: | 0.1493 % |
| COLLIN CO COMMUNITY COLLEGE: | 0.0812 % |
| MELISSA ISD: | 1.2575 % |
| Total Tax Rate: | 1.9428 % |
Estimated Mortgage/Tax
minimize
$1,589 Monthly
| Estimated Monthly Principal & Interest (Based on the calculation below) | $ 1,203 |
| Estimated Monthly Property Tax (Based on Tax Assessment 2023) | $ 386 |
| Home Owners Insurance | Get a Quote |
Schools
minimizeSchool information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.
ASSIGNED SCHOOLS
Excellent | 
View Nearby Schools ↓
Property Map
minimize503 Teal Ln Melissa TX 75454 was recently sold. It is a 0.15 Acre(s) Lot, 1,426 SQFT, 3 Beds, 2 Full Bath(s) in Hunters Ridge Ph 3.
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