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General Description
minimizeINVESTORS ONLY! Beautiful home in Magnolia Ridge on the corner lot with 4 beds, 4 full baths and a 3 car garage feeding into highly ranked Melissa ISD schools. The home is currently leased through May 2022. Home features high ceilings, open layout, hand scraped wood floors, a study, game room and a pre-wired media room. The kitchen has granite countertops, ss appliances and an island that can double as a breakfast bar. The master suite is large with box window seating, spacious master bath with walk in closet. The front yard is landscaped and the backyard has a covered patio and plenty of yard space on the corner lot.
Rooms/Lot Dimensions
Interior Features
Exterior Features
Additional Information
Financial Information
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 | $157.83 | $533,465 | 14.27% | $533,465 | 14.27% |
| 2022 | $138.12 | $466,850 | 36.50% | $466,850 | 36.50% |
| 2020 | $101.18 | $342,003 | -3.53% | $342,003 | -3.53% |
| 2019 | $104.89 | $354,535 | -2.72% | $354,535 | -2.72% |
| 2018 | $107.82 | $364,435 | 34.05% | $364,435 | 34.05% |
| 2017 | $80.43 | $271,867 | 311.92% | $271,867 | 311.92% |
| 2016 | $19.53 | $66,000 | $66,000 |
2023 Collin County Appraisal District Tax Value
| Market Land Value: | $110,000 |
| Market Improvement Value: | $423,465 |
| Total Market Value: | $533,465 |
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| Estimated Monthly Principal & Interest (Based on the calculation below) | $ 1,833 |
| Estimated Monthly Property Tax (Based on Tax Assessment 2023) | $ 864 |
| 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
minimize3312 Blue Jay Ln Melissa TX 75454 was recently sold. It is a 0.18 Acre(s) Lot, 3,380 SQFT, 4 Beds, 4 Full Bath(s) in Magnolia Ridge Ph 1.
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