2703 Jackson Drive
About This Property
Inside, you'll find a spacious and inviting layout designed for everyday living and entertaining. The open-concept living area flows seamlessly into the kitchen and dining spaces, creating an ideal setting for gatherings with family and friends. Large windows allow natural light to fill the home, while thoughtfully designed living spaces provide both comfort and functionality.
The private primary suite offers a relaxing retreat with an en-suite bath and generous closet space, while two additional bedrooms provide flexibility for family, guests, or a home office. The home offers plenty of room without sacrificing a cozy feel.
Situated in the master-planned Liberty community, residents enjoy a wide variety of amenities including walking trails, playgrounds, resort-style pools, sports courts, and scenic fishing ponds. The neighborhood is also home to Melissa Independent School District schools, including the conveniently located Harry McKillop Elementary School within the community.
Conveniently located just minutes from nearby shopping, dining, and major commuting routes to McKinney, Frisco, and Dallas, Liberty offers the perfect balance of small-town charm with easy access to city conveniences.
This home is a fantastic opportunity to enjoy comfort, community, and convenience in one of Melissa's most sought-after neighborhoods.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 8, 2026 | Sold | ||
| Sold | |||
| Jun 21, 2026 | In contract | - | |
| In contract | |||
| May 14, 2026 | Price Decreased |
$379,000
↓ $11K
(2.8%) | |
| Price Decreased | |||
| Mar 13, 2026 | Listed by Phillips Realty Group & Assoc | $389,900 | |
| Listed by Phillips Realty Group & Assoc | |||
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About Melissa
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017