$509,990
●
House -
Off Market
2218 Lantana Drive
Melissa, TX 75454
4 Beds
2 Baths,
1
Half Bath
2,726 Ft²
$573,970
RealtyHop Estimate
12.55%
Since Nov 1, 2021
National-US
Primary Model
About This Property
MLS# 14654314 - Built by Pacesetter Homes - Ready Now! ~ This new
Pacesetter built home will be ready for delivery early November.
This 4 bedroom and 3.5 bath home sits on a corner lot with
greenbelt on two sides of the home. It features a deluxe
kitchen, a study with a family room that looks over the green belt.
It has a covered back patio and patio extension. Master
bedroom has a large window seat with a view of a spacious back
yard. Too many upgrades to list. This is a must see and
wont last long!!!
Unit Size
2,726 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$187
Property Type
House
Property Taxes
-
HOA Dues
$83
Year Built
2021
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 5 months ago (NTREIS #14654314)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 2, 2025 | Sold | ||
| Sold | |||
| Apr 6, 2025 | In contract | - | |
| In contract | |||
| Mar 13, 2025 | Listed by Keller Williams Realty-FM | $540,000 | |
| Listed by Keller Williams Realty-FM | |||
| | |||
|
Welcome to this stunning, like-new 4-bedroom, 3.5-bath home, built in 2021 and located on a desirable corner lot with greenbelt views on two sides. The open-concept floor plan is perfect for both everyday living and entertaining. The spacious deluxe kitchen with a large island, pantry, and modern appliances flows seamlessly into the expansive living area, offering views of the greenbelt. A thoughtfully placed study downstairs provides a quiet retreat, and it can also be a bedroom if needed, while the covered back patio and extended outdoor space create an ideal setting for relaxation or entertaining guests. The master bedroom is a true highlight, featuring a cozy window seat where you can unwind while overlooking the backyard. With pride of ownership evident in every room and too many upgrades to mention, this home truly stands out. Located in the highly acclaimed Melissa ISD, this home combines luxury, comfort, and convenience. Don’t miss the chance to make it yours—schedule your showing today!
| |||
| Oct 28, 2021 | Sold | ||
| Sold | |||
| Aug 20, 2021 | Listed by Pacesetter Homes | $509,990 | |
| Listed by Pacesetter Homes | |||
| | |||
|
MLS# 14654314 - Built by Pacesetter Homes - Ready Now! ~ This new Pacesetter built home will be ready for delivery early November. This 4 bedroom and 3.5 bath home sits on a corner lot with greenbelt on two sides of the home. It features a deluxe kitchen, a study with a family room that looks over the green belt. It has a covered back patio and patio extension. Master bedroom has a large window seat with a view of a spacious back yard. Too many upgrades to list. This is a must see and wont last long!!!
| |||
Property Highlights
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Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Melissa
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Listed by: Dennis Ciani, Pacesetter Homes
Last Updated: 5 months ago
Data Source: NTREIS MLS, MLS# 14654314
Details provided by NTREIS and may not match the public record
Last Updated: 5 months ago
Data Source: NTREIS MLS, MLS# 14654314
Details provided by NTREIS and may not match the public record
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