$499,000
↓ $26K (5%)
●
House -
For Sale
2705 Kennedy Drive
Melissa, TX 75454
5 Beds
3 Baths
3,028 Ft²
$3,651
Est. Monthly
$385
HOA / Fees
About This Property
Front porch living at its finest! Enjoy some sweet tea & the peace
& quiet of this beautiful neighborhood in Liberty. Dreamy craftsman
home, professionally landscaped & a rare find with 5 bedrooms.
Featuring a grand entrance, stunning hardwood floors, soaring
ceilings & gorgeous plantation shutters. You'll love the gourmet
kitchen with an over sized island, ample storage & large breakfast
space. Serene owner's retreat with a luxurious bath is a restful
haven in your home. Convenient downstairs bed & bath offers many
options or could be a great office. Head upstairs to the thoughtful
layout with 3 more bedrooms, including a game room & media room
perfect to watch the big game or a movie! Don't forget the popcorn!
There's even a balcony overlooking the park like backyard. it's
just a hop, skip & a jump to the Stars and Stripes club, community
pool, jogging & walking paths, beautiful parks & ponds. This must
be the place! SELLER WILL PROVIDE A CARPET ALLOWANCE & OPEN TO
SELLER CONCESSIONS FOR RATE BUY DOWN! New hot water heater just
installed!
Unit Size
3,028 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$165
Property Type
House
Property Taxes
$816
HOA Dues
$385
Year Built
2004
Listed By
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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: 2 months ago (NTREIS #21231273)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 6, 2026 | Price Decreased |
$499,000
↓ $26K
(5%) | |
| Price Decreased | |||
| Apr 9, 2026 | Listed by Davidson Lane Real Estate Grp | $525,000 | |
| Listed by Davidson Lane Real Estate Grp | |||
| Mar 8, 2024 | No longer available | - | |
| No longer available | |||
| Feb 2, 2024 | Listed by Davidson Lane Real Estate Grp | $549,000 | |
| Listed by Davidson Lane Real Estate Grp | |||
| | |||
|
Front porch living at its finest! Enjoy some sweet tea & the peace & quiet of this beautiful neighborhood in Liberty. Dreamy craftsman home, professionally landscaped & a rare find with 5 bedrooms. Featuring a grand entrance, stunning hardwood floors, soaring ceilings & gorgeous plantation shutters. You'll love the gourmet kitchen with an over sized island, ample storage & large breakfast space. Serene owner’s retreat with a luxurious bath is a restful haven in your home. Convenient downstairs bed & bath offers many options. Head upstairs to the thoughtful layout with 3 more bedrooms, including a game room & media room perfect to watch the big game or a movie! Don't forget the popcorn! Situated on a treelined street this fabulous home has it all & it's just a hop, skip & a jump to the Stars and Stripes club, community pool, jogging & walking paths, beautiful parks & ponds. Prime location close to 121 & highway 75. Liberty in Melissa…life as it should be! This must be the place! The manager has listed the unit size as 3028 square feet.
| |||
| Dec 7, 2022 | Sold | ||
| Sold | |||
Show More
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Parking Features: Alley Access, Driveway, Garage, Garage Door Opener
Garage Spaces: 3
Interior Details
Full Bathrooms: 3
Interior Features: Eat-in Kitchen, High Speed Internet, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s), Cable TV Available, Decorative Lighting
Appliances: Dishwasher, Disposal, Microwave, Refrigerator
Flooring Type: Carpet, Ceramic Tile, Wood
Has Fireplace
Fireplace Features: Gas
Fireplaces: 1
Exterior Details
Square Footage: 3028
Security Features: Smoke Detector(s), Burglar
Architectural Style: Craftsman
Year Built: 2004
Levels: Two
Construction Materials: Brick, Siding
Lot Features: Interior Lot, Landscaped, Sprinkler System, Subdivision
Lot Size Area: 0.17
Lot Size Units: Acres
Lot Size Acres: 0.17
Lot Size Square Feet: 7405.2
Tax Lot: 5
Financial Details
Tax Annual Amount: $9,789
Utilities Details
Cooling Type: Ceiling Fan(s), Central Air
Heating Type: Central
Location Details
HOA/Condo/Coop Fee Includes: Maintenance Grounds, Full Use of Facilities, Management Fees
HOA Fee: $385
HOA Fee Frequency: Semi-Annually
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Melissa
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Listed by: Lori Cota, Davidson Lane Real Estate Grp
Last Updated: 2 months ago
Data Source: NTREIS MLS, MLS# 21231273
Details provided by NTREIS and may not match the public record
Last Updated: 2 months ago
Data Source: NTREIS MLS, MLS# 21231273
Details provided by NTREIS and may not match the public record
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