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503 Teal Ln Melissa, TX 75454 Directions

Currently not for sale


Home Value Comparables

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Using a REALTOR is the best way to determine the market price of a home. Start this process by viewing the third-party valuations and then contact a Realtor to determine a reasonable purchase price for a home.

AVM Value
$313K
$219.50/sqft
AVM Value
$325K
$228.19/sqft
AVM Value
$299K
$209.47/sqft
Value Range
$294K - $332K
Value Range
$305K - $346K
Value Range
$298,698
Confidence Score
94%

Margin of Error*: 6%
Confidence Score
92%

Margin of Error*: 6%
Confidence Score
NA


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Limitations: This represents an estimated sales price for this property. It is not the same as the opinion of value in an appraisal developed by a licensed appraiser under the Uniform Standards of Professional Appraisal Practice. The values do not include a physical or visual inspection of the subject property. User shall not use the values in lieu of an appraisal by a licensed appraiser or as a basis for making any financial decision.

Limitations: This represents an estimated sales price for this property. It is not the same as the opinion of value in an appraisal developed by a licensed appraiser under the Uniform Standards of Professional Appraisal Practice. The values do not include a physical or visual inspection of the subject property. User shall not use the values in lieu of an appraisal by a licensed appraiser or as a basis for making any financial decision.

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Updated as of May 2024.

3 Bed(s)
2 Full Bath(s)
1,426 Bldg Sqft.
6,720 Lot Sqft.

General Description

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503 Teal Ln (currently not for sale) is located in Hunters Ridge subdivision in Collin County. Scroll to see the property features, tax value, mortgage calculator, nearby schools and similar homes for sale.

The property information herein and below is from the county appraisal district and should be independently verified.

Contact a REALTOR® for an estimate of this property

Status:
Not Currently For Sale
Market Value:
$ 298,698/Appraisal District ($209/sqft.)
Address:
503 Teal Ln
City:
State:
TX
Zip Code:
Subdivision:
Legal Description:
HUNTERS RIDGE PHASE 3 (CML), BLK D, LOT 15
Bedrooms:
3 Bedroom(s)
Baths:
2 Full Bath(s)
Stories:
1 /Appraisal District
Building Sqft.:
1,426 /Appraisal District
Year Built:
2008 /Appraisal District
Lot Size:
6,720 Sqft.  /Appraisal District
Garage(s):
2


Rooms/Lot Dimensions

Bedroom:
1st
Primary Bedroom:
1st
Living:
1st



Interior Features

Number Of Living Area:
1
Interior:
Cable TV Available, Pantry, Walk-In Closet(s)
Appliances:
Dishwasher, Gas Oven, Gas Range, Microwave
Floors:
Carpet, Tile
Heating:
Fireplace(s), Natural Gas
Fireplace:
1/Living Room


Exterior Features

Private Pool:
No
Parking Space:
Garage 2 / Carport 0 / Covered Total 2
Utility:
City Sewer, City Water, Co-op Electric
Fencing:
Fenced, Wood
Parking:
Garage Double Door, Garage Door Opener, Garage, Garage Faces Front


Lot Information

  Lot Size: 6,720 Lot Sqft. / Appraisal District
Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy


Additional Information

Community Features:
Community Pool, Park
Dwelling Type:
Single Detached
*Disclaimer: Listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.


Property Tax

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Cost/sqft based on Market Value
Tax Year Cost/sqft Market Value Change Tax Assessment Change
2023 $209.47 $298,698 8.54% $238,220 10.00%
2022 $192.98 $275,195 43.46% $216,564 12.89%
2020 $134.52 $191,831 -0.26% $191,831 0.93%
2019 $134.88 $192,332 2.64% $190,054 10.00%
2018 $131.41 $187,388 8.79% $172,776 10.00%
2017 $120.79 $172,248 9.24% $157,069 10.00%
2016 $110.58 $157,680 11.98% $142,790 10.00%
2015 $98.74 $140,806 19.32% $129,809 10.00%
2014 $82.75 $118,008 10.00% $118,008 10.00%
2013 $75.23 $107,280 $107,280
2023 Collin County Appraisal District Tax Value
Market Land Value: $90,000
Market Improvement Value: $208,698
Total Market Value: $298,698

Tax History
2023 Assessed Value/Appraisal District: $238,220
2022 Assessed Value/Appraisal District: $216,564
2020 Assessed Value/Appraisal District: $191,831
2019 Assessed Value/Appraisal District: $190,054
2018 Assessed Value/Appraisal District: $172,776
2017 Assessed Value/Appraisal District: $157,069
2016 Assessed Value/Appraisal District: $142,790
2015 Assessed Value/Appraisal District: $129,809
2014 Assessed Value/Appraisal District: $118,008
2013 Assessed Value/Appraisal District: $107,280
Collin County Appraisal District
2023 Tax Rates
MELISSA CITY: 0.4547 %
COLLIN COUNTY: 0.1493 %
COLLIN CO COMMUNITY COLLEGE: 0.0812 %
MELISSA ISD: 1.2575 %
Total Tax Rate: 1.9427 %

Estimated Mortgage/Tax

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$1,624 Monthly
Estimated Monthly Principal & Interest (Based on the calculation below) $ 1,141
Estimated Monthly Property Tax (Based on Tax Assessment 2023) $ 484
Home Owners Insurance Get a Quote
$
Months
Years
$
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$

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Use this mortgage calculator to create and estimate your monthly mortgage payment(principal and interest) and estimates for property taxes(based on past rates).

Schools

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School 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
North Creek Elementary School Elementary . KG - 05 . MELISSA ISD
Good
Melissa Middle School Middle . 06 - 08 . MELISSA ISD
Excellent
Melissa High School High . 09 - 12 . MELISSA ISD
Excellent

View Nearby Schools

503 Teal Ln is a 3 Beds, 2 Full Bath(s), property in Melissa TX 75454. View photos, map, tax, nearby homes for sale, home values, school info...

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