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15,987 Lot Sqft.
Lot & Acreage - Residential
81 Day(s) on HAR.com

General Description

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You won't want to miss this rare opportunity to own three lots together right in the HEART of Melissa! Surrounded by residential, commercial, and retail developments, The possibilities are endless. Quick access to Highway 121 and other major thoroughfares makes this property ideal for investment and future development. The property is being sold as-is concerning the house. The value of this property is in the land.

MLS#:
14682479 (NTREIS)
Sold Price Range:
$160,001 - $185,000
Listing Status:
Sold
Address:
2602 Sherman St
City:
Melissa
State:
TX
Zip Code:
County:
Subdivision:
Melissa Original Donation
Legal Description:
MELISSA ORIGINAL DONATION (CML), BLK 37, LOT
Property Type:
Lot & Acreage - Residential
Year Built:
1945 /Appraisal District
Lot Size:
15,987 Sqft. /Appraisal District


Exterior Features

Lot Description:
Some Trees
Utility:
City Sewer, City Water
Easements:
Other


Financial Information

Financing Considered:
Cash, Conventional


Source
North Texas Real Estate Information Systems, Inc.

Property Tax

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Cost/sqft based on Market Value
Tax Year Cost/sqft Market Value Change Tax Assessment Change
2023 $-- $159,996 59.41% $159,996 399.60%
2022 $-- $100,370 129.11% $32,025 21.00%
2020 $-- $43,809 -1.34% $26,467 10.00%
2019 $-- $44,403 71.01% $24,061 10.00%
2018 $-- $25,965 30.58% $21,874 10.00%
2017 $-- $19,885 3.59% $19,885 3.59%
2016 $-- $19,195 6.68% $19,195 6.68%
2015 $-- $17,993 4.87% $17,993 4.87%
2014 $-- $17,157 5.80% $17,157 5.80%
2013 $-- $16,217 $16,217
2023 Collin County Appraisal District Tax Value
Market Land Value: $159,996
Market Improvement Value: $0
Total Market Value: $159,996
collin County Appraisal District
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

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$992 Monthly
Estimated Monthly Principal & Interest (Based on the calculation below) $ 733
Estimated Monthly Property Tax (Based on Tax Assessment 2023) $ 259
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Schools

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School 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
Melissa Middle School Middle . 06 - 08 . MELISSA ISD
Excellent |
Melissa High School High . 09 - 12 . MELISSA ISD
Excellent |

View Nearby Schools

2602 Sherman St Melissa TX 75454 was recently sold. It is a 0.37 Acre(s) Lot, in Melissa Original Donation.

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