For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Abilene 79606
2717 Melissa Lane
$220,000
● House - Off Market

2717 Melissa Lane

Abilene, TX 79606
bedrooms
3 Beds
bathrooms
0 Bath
square feet
1,472 Ft²
$1,522
Est. Monthly
5.76%
Cap Rate

About This Property

Well-maintained 3 bedroom 2 bathroom home with plenty of cabinet & counter space. The HUGE back yard has a privacy fence, covered patio, and a fire pit! Perfect for entertaining! Schedule your showing today!
Unit Size
1,472 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$156
Property Type
House
Property Taxes
$392
HOA Dues
-
Year Built
1987

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 years ago (NTREIS #20851676)

Price History

Date / Event Date Event Price
Apr 8, 2025 Sold
Premium
Sold
Mar 16, 2025 In contract -
In contract
Feb 23, 2025 Listed by KW SYNERGY* $229,900
Listed by KW SYNERGY*

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 442
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,060
  • Lot Size Depth Feet: 1,010
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,914
  • Gross Building Area: 1,914
  • Building Area: 1,472
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,472
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MONARCH ADDN SEC 2
  • Land Acres: 0000000139
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: MONARCH ADDN SEC 2, BLOCK C, LOT 29

Neighborhood

  • School District Name: Abilene Independent School District
  • Census Tract: 013401

Geography

  • Parcel: 68185
  • Block: C
  • Lot: 29
  • Municipality: ABILENE
  • Latitude: 32.418
  • Longitude: -99.805

    Address

  • Full Address: 2717 Melissa Ln
  • Address - House Number: 2717
  • Address - Street Name: Melissa
  • Address - Suffix Type: Ln
  • State: TX
  • City Name: Abilene
  • Carrier Code: R024
  • 4-Digit Zip Code: 1017
  • Zip Code: 79606

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $428,663
  • Tax Rate Code Area: SAB

    Appraisal Valuation

  • Standard Deviation: 0.2207
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 69
  • Final Value: 220,669
  • High Value: 269,376
  • Low Value: 171,962

    Market Valuation

  • Market Total Value: $185,963
  • Market Land Value: $18,180
  • Market Improvement Value: $167,783

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $185,963
  • Assessed Land Value: $18,180
  • Assessed Improvements Value: $167,783

    Exemptions

  • Veteran Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 29, 2011
  • Current Sale Recording Date: Aug 01, 2011
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 2011-00010811
  • Previous Sale Recording Date: Jul 27, 2007
  • Previous Sale Contract Date: Jul 26, 2007
  • Previous Sale Amount: $122,500
  • Previous Sale Document Type: 70
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Abilene

Stats & Trends

Median Asking:

$269,990

Sale Price/ft²

$165

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1924 ft²

Average Home Age

44.4 years

Currently For Sale

262 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 5850 Hartford, Abilene, TX, 79605

$1,495 /mo

  • 2 Beds
  • 2 Baths
  • 1,088 ft²
5850 Hartford #61, Abilene, TX, 79605 Listing by Ronna Harrell
Unit for rent at 917 S La Salle Drive, Abilene, TX, 79605

$1,500 /mo

  • 3 Beds
  • 1 Bath
  • 1,076 ft²
917 S La Salle Drive, Abilene, TX, 79605 Listing by Valarie Kennedy

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Remy Locascio, KW SYNERGY*
Last Updated: 2 years ago
Data Source: NTREIS MLS, MLS# 20851676
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 2717 Melissa Lane built and last sold?
The property at 2717 Melissa Lane was built in 1987 and last sold on Jul 29, 2011 for $129,400.
How much is this home worth?
The estimated value of the home located at 2717 Melissa Lane is $0.
What are some comparable homes to 2717 Melissa Lane?
There are currently no comparable homes to 2717 Melissa Lane.
Recent Neighborhood News
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
The Current Status of iBuying in 2026: What To Know
Popular Searches
Abilene Homes for Sale
Abilene Houses for Sale
Abilene Condos for Sale
Abilene Townhouses for Sale
Abilene Multifamily for Sale
Abilene Land for Sale
Abilene Commercial for Sale
Abilene Homes with Basements
Nearby Cities
Potosi Homes for Sale
Clyde Homes for Sale
Merkel Homes for Sale
Anson Homes for Sale
Baird Homes for Sale
Tuscola Homes for Sale
Buffalo Gap Homes for Sale
Tye Homes for Sale
Nearby Property Records
Taylor County, TX Property Records
Callahan County, TX Property Records
Jones County, TX Property Records
Nolan County, TX Property Records
Fisher County, TX Property Records
Runnels County, TX Property Records
Haskell County, TX Property Records
Coleman County, TX Property Records
Neighborhoods
Far Southside Real Estate
Chimney Rock Area Real Estate
Westwood Richland Real Estate
Elmwood Area Real Estate
River Oaks-Brookhollow Real Estate
Sayles Boulevard Area Real Estate
Park Central Area Real Estate
Lytle Area Real Estate
Nearby Counties
Jim Ned Homes for Sale
Clyde Homes for Sale
Hawley-Noodle Homes for Sale
Merkel Homes for Sale
Anson Homes for Sale
Albany Homes for Sale
Hamlin Homes for Sale
Lueders Homes for Sale
Top Real Estate Agents
Top Agents in Abilene
Top Agents in 79606
Top Agents in 79602
Top Agents in 79605
Top Agents in 79601
Top Agents in 79603
Top Agents in Far Southside
Top Agents in Jim Ned