RENTED JUL 1, 2025

2603 Spicebrush St Melissa, TX 75454

Estimated Value: $478,480 - $509,000

4 Beds
3 Baths
2,499 Sq Ft
$199/Sq Ft Est. Value

Highlights

  • New Construction
  • Covered Patio or Porch
  • Home Security System
  • Melissa Middle School Rated A
  • 2 Car Attached Garage
  • Tankless Water Heater

About This Home

As of July 2025

This home is in GREAT condition . Only 2 years old. East facing home by Ashton Woods with a new high school just opened only 2 blocks away. There is NO ONE to build behind you so privacy is GREAT and the walking trail starts here. 4 bedroom 3 full baths and double sinks in 2 of the baths. Both primary and another room has their own bathroom. The bonus room is between 2 bedrooms and perfect for a game room or study room for the kids. The community Pool is only 4 blocks away with large pool, play ground and club house. Available June 1st this year.

Last Agent to Rent the Property

Jim Barth

INC Realty, LLC Brokerage Phone: 214-548-9323 License #0628581 Listed on: 03/18/2025

INC Realty, LLC

Last Renter's Agent

Jim Barth

INC Realty, LLC Brokerage Phone: 214-548-9323 License #0628581 Listed on: 03/18/2025

INC Realty, LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 7,797 Sq Ft Lot
  • Wood Fence
  • Back Yard

Parking

  • 2 Car Attached Garage
  • Single Garage Door

Home Design

  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 2,499 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Fireplace With Glass Doors
  • Gas Log Fireplace

Kitchen

  • Electric Oven
  • Built-In Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Covered Patio or Porch

Schools

  • Willow Wood Elementary School
  • Melissa Middle School
  • Melissa High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Tankless Water Heater

Listing and Financial Details

  • Residential Lease
  • Property Available on 6/15/25
  • Tenant pays for all utilities, cable TV, electricity, gas, grounds care, insurance, pest control, security, water
  • 12 Month Lease Term
  • Legal Lot and Block 28 / C
  • Assessor Parcel Number R1249500C02801

Community Details

Overview

  • Association fees include management
  • Vision Communities Association
  • S12495 Subdivision

Amenities

  • Community Mailbox

Home Details

Home Type

Single Family

Year Built

Built in 2023 | New Construction

Lot Details

0

Parking

2

Rental Info

  • PetsAllowed: Yes, Pet Restrictions
  • Furnished: Unfurnished
  • Lease Term: 12 Months
  • Tenant Pays: All Utilities, Cable TV, Electricity, Gas, Grounds Care, Insurance, Pest Control, Security, Water
  • Available Date: 2025-06-15
  • PetDeposit: 500.0

Listing Details

  • OWNERNAME: Paleti
  • Property Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached
  • Unit Levels: One
  • Security: Security System, Fire Alarm, Smoke Detector(s)
  • Year Built Details: New Construction - Complete
  • Attribution Contact: 214-548-9323
  • Co List Office Mls Id: INC01C
  • Structure Type: House
  • HumanModifiedYN: Yes
  • PetsAllowedYN: Yes
  • UniversalParcelId: urn:reso:upi:2.0:US:48085:R1249500C02801
  • MaximumNumberOfPets: 1
  • Special Features: 4098
  • Year Built: 2023

Interior Features

  • Square Footage: 2499.0
  • Fireplace Features: Glass Doors, Gas Log
  • Flooring: Carpet, Ceramic Tile, Luxury Vinyl Plank
  • Appliances: Built-In Gas Range, Dishwasher, Electric Oven, Disposal, Microwave, Tankless Water Heater
  • Basement YN: No
  • Fireplaces: 1

Beds/Baths

  • Full Bathrooms: 3
  • Total Bedrooms: 4

Exterior Features

  • Community Features: Community Mailbox
  • Fencing: Back Yard, Wood
  • Roof: Composition
  • Construction Materials: Brick
  • Pool Features: None
  • Waterfront: No
  • Patio And Porch Features: Covered
  • RoadSurfaceType: Asphalt

Garage/Parking

  • Cooling System: Central Air, Ceiling Fan(s), Electric
  • Garage Spaces: 2.0
  • Parking Features: Door-Single
  • Attached Garage YN: Yes
  • GarageYN: Yes

Utilities

  • Heating: Central, Natural Gas
  • Utilities: Electricity Available, Natural Gas Available, Separate Meters, Water Available
  • Heating Yn: Yes

Condo/Co-op/Association

  • HOA Fee Includes: Association Management
  • Association Name: Vision Communities

Schools

  • Elementary School: Willow Wood
  • High School: Melissa
  • Junior High Dist: Melissa ISD

Lot Info

  • PropertyAttachedYN: No
  • Lot Size Units: Acres
  • Lot Size Area: 0.179
  • Parcel Number: R1249500C02801
  • Lot Size Acres: 0.179
  • Lot Size Sq Ft: 7797.24

Building Info

  • Year Built: 2023

Tax Info

  • TaxBlock: C
  • Tax Lot: 28

MLS Schools

  • MiddleOrJuniorSchool: Melissa

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2023
Closed on
Mar 17, 2023
Sold by
Ashton Dallas Residential Llc
Bought by
Paleti Hemanth
Seller's Agent
Jim Barth
INC Realty, LLC
Buyer's Agent
Paola MacMeeken
Monument Realty
Views
24
Current Estimated Value
$497,620

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Outstanding Balance
$387,865
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$109,755

Purchase Details

Closed on
Sep 21, 2022
Sold by
Pacesetter Homes Llc
Bought by
Ashton Dallas Residential Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Paleti Hemanth -- Simplifile
Ashton Dallas Residential Llc -- Simplifile
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Paleti Hemanth $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/01/2025 07/01/25 Rented -- -- --
05/26/2025 05/26/25 Price Changed $2,700 -3.6% $1 / Sq Ft
03/18/2025 03/18/25 For Rent $2,800 +5.7% --
04/25/2023 04/25/23 Rented $2,650 0.0% --
04/22/2023 04/22/23 Under Contract -- -- --
04/11/2023 04/11/23 For Rent $2,650 -- --
Source: North Texas Real Estate Information Systems (NTREIS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $9,824 $507,047 $135,000 $372,047
2024 $9,824 $506,397 $130,000 $376,397
2023 $9,824 $360,533 $88,550 $271,983
2022 $1,066 $50,000 $50,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20873293

North Texas Real Estate Information Systems (NTREIS)

APN: R-12495-00C-0280-1