NOT LISTED FOR SALE

4042 Sparrow Trail Melissa, TX 75454

Estimated Value: $358,590 - $440,000

4 Beds
3 Baths
1,766 Sq Ft
$223/Sq Ft Est. Value

Highlights

  • New Construction
  • 2-Car Garage with two garage doors
  • 1-Story Property
  • North Creek Elementary School Rated A
  • Home Security System
  • Luxury Vinyl Plank Tile Flooring

About This Home

As of November 2022

BRAND NEW, bright and gorgeous home with meticulously manicured yard located in sought after Melissa ISD. No neighbors behind. Nice open floor plan4 Bed 3 bath in the newest Magnolia Ridge neighborhood. Kitchen features beautiful granite countertop and stainless steel appliances. Master bath features double sinks, standing shower. Large oversized backyard, fully fenced and landscaped. Minutes away to two highways 75 and 121.

Last Agent to Rent the Property

Shenglan Gong

Henderson Real Estates License #0708100 Listed on: 11/04/2022

Last Renter's Agent

Greg Rice

Gage Realty License #0689311

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,362

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 6,839 Sq Ft Lot
  • Fenced

Parking

  • 2-Car Garage with two garage doors

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,766 Sq Ft Home
  • 1-Story Property
  • Luxury Vinyl Plank Tile Flooring
  • Home Security System

Kitchen

  • Electric Oven
  • Gas Cooktop
  • Microwave
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Schools

  • North Creek Elementary School
  • Melissa Middle School
  • Melissa High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • Magnolia Ridge Ph 2 Add Subdivision

Listing and Financial Details

  • Residential Lease
  • Security Deposit $2,100
  • Tenant pays for all utilities, grounds care, insurance
  • 12 Month Lease Term
  • $50 Application Fee
  • Legal Lot and Block 21 / E
  • Assessor Parcel Number R-11977-00E-0210-1

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,362

Year Built

Built in 2022 | New Construction

Lot Details

0

Parking

2

Rental Info

  • PetsAllowed: Cats OK, Dogs OK, Number Limit, Size Limit
  • Deposit Amount: 2100
  • Pet Deposit: 500
  • Lease Conditions: Application Fee, Credit Report, Prior Residence Info., Written Application (+)
  • Lease Term: 12 Months
  • Lease Type: Yearly, 1 Year Plus
  • Tenant Pays: All Utilities, Grounds Care, Insurance
  • Application Fee: 50
  • Furnished YN: No
  • Lease Term Description: Yearly

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Structural Style: Single Detached
  • Unit Levels: One
  • Restrictions: No Smoking, No Sublease, No Waterbeds
  • Security: Security System
  • Year Built Details: New Construction - Complete
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Non Refundable Pet Fee Y N: Yes
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • App Fee Plus18 Yrs Y N: Yes
  • Attribution Contact: 214-727-9476
  • Special Features: NewHome
  • Year Built: 2022

Interior Features

  • Square Footage: 1766.00
  • Flooring: Luxury Vinyl Plank
  • Appliances: Disposal, Electric Oven, Gas Cooktop, Microwave
  • Basement YN: No
  • Number Of Dining Areas: 1
  • Number Of Living Areas: 1
  • Room Count: 5
  • Appliances: No

Beds/Baths

  • Full Bathrooms: 3
  • Total Bedrooms: 4

Exterior Features

  • Pool: No
  • Fencing: Fenced
  • Construction Materials: Brick

Garage/Parking

  • Cooling System: Central Air, Electric
  • Garage Spaces: 2
  • Total Covered Spaces: 2
  • Number Of Vehicles: 3
  • Parking Features: 2-Car Double Doors
  • Attached Garage YN: Yes
  • GarageYN: Yes

Utilities

  • Heating: Central, Natural Gas
  • Utilities: City Sewer, City Water

Condo/Co-op/Association

  • Association Type: None
  • Number Of Days Guests Allowed: 5

Schools

  • School District: Melissa ISD
  • Elementary School: North Creek
  • Middle School: Melissa
  • High School: Melissa
  • School District: Melissa ISD
  • Elementary School: Harry Mckillop

Lot Info

  • PropertyAttachedYN: No
  • Lot Size Units: Acres
  • Lot Size Area: 0.1570
  • Parcel Number: R-11977-00E-0210-1
  • Lot Size Acres: 0.1570
  • Lot Size Sq Ft: 6838.9200

Green Features

  • Smart Home Features Appor Pass Y: Yes

Building Info

  • Year Built: 2022
  • SeniorCommunityYN: No

Tax Info

  • TaxBlock: E
  • Tax Lot: 21

MLS Schools

  • Middle School Name: Melissa
  • Elementary School Name: North Creek
  • High School Name: Melissa

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2022
Closed on
Nov 3, 2022
Sold by
Gravity Homes Llc
Bought by
Lin Thomas
Seller's Agent
Shenglan Gong
Henderson Real Estates
Buyer's Agent
Greg Rice
Gage Realty
Views
2
Current Estimated Value
$397,417

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$293,080
Outstanding Balance
$283,967
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$105,298

Purchase Details

Closed on
May 18, 2021
Sold by
Lch Holdings Llc
Bought by
Gravity Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Lin Thomas -- --
Gravity Homes Llc -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lin Thomas $293,080
Previous Owner Gravity Homes Llc $236,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2022 11/06/22 Rented $2,100 0.0% --
11/04/2022 11/04/22 For Rent $2,100 -- --
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
2023 $7,362 $368,634 $94,500 $274,134
2022 $1,590 $74,539 $64,680 $9,859
2021 $1,674 $73,500 $73,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20199501

North Texas Real Estate Information Systems (NTREIS)

APN: R-11977-00E-0210-1