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4009 Magnolia Ridge Dr, Melissa, TX, 75454

5beds
2baths
2,199sqft
$420,000
$191price/sqft
$3,247/moest. monthly cost
$129,880/yrincome needed

About This Home

Price Improvement! Ask about our Summer Incentive!! Located in a highly desirable community of Melissa, this beautifully designed 5-bedrm, 2-bath offers a perfect blend of space, comfort, n convenience for modern family living. Zoned to highly rated Melissa ISD schools and just minutes from Highway 121, this home provides easy access to McKinney, Allen, Frisco, shopping, dining, and major employers while still enjoying the charm of a growing North Texas community. Step inside to an inviting open-concept layout featuring soaring ceilings, rich hardwood flooring, and abundant natural light that creates a warm and spacious atmosphere. The thoughtfully designed split-bedroom floor plan offers privacy and flexibility, with the versatile 5th bedroom ideal for a home office, nursery, playroom, guest room, or workout space—perfect for today’s work-from-home lifestyle. The gourmet kitchen is the heart of the home, complete with granite countertops, stainless steel appliances, ample cabinetry, and a seamless flow into the breakfast nook and oversized family room, making it ideal for entertaining guests or everyday family gatherings. Retreat to the spacious primary suite designed for relaxation, while additional bedrooms provide comfort and functionality for growing families. Additional features include a dedicated utility room, convenient mudroom entry from the garage, and smart storage throughout. Enjoy outdoor living under the covered patio overlooking a large backyard with plenty of room for kids, pets, gardening, or future outdoor entertainment space. Whether hosting weekend BBQs or enjoying peaceful Texas evenings, this backyard is ready for your lifestyle. This move-in ready Melissa home combines excellent schools, commuter-friendly location, flexible living spaces, and exceptional value—making it a fantastic opportunity for families, first-time buyers, or anyone seeking more space in one of North Texas’ fastest-growing areas. Schedule your private showing today!

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

9/10
9/10
Melissa Middle SchoolGrades 6-81.9 mi
8/10
Melissa High SchoolGrades 9-121.0 mi

Construction

Condition

  • Year built: 2020

Materials

  • Construction materials: Brick

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional,Detached
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Electric Cooktop,Electric Oven,Disposal,Microwave

Bedroom

  • Features: Split Bedrooms
  • Level: First
  • Dimensions: 11 x 11

Bedroom

  • Features: Split Bedrooms
  • Level: First
  • Dimensions: 10 x 10

Bedroom

  • Features: Split Bedrooms
  • Level: First
  • Dimensions: 11 x 10

Bedroom

  • Features: Split Bedrooms
  • Level: First
  • Dimensions: 10 x 9

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 2
  • Full bathrooms: 2

Breakfast Room Nook

  • Level: First
  • Dimensions: 9 x 7

Features

  • Decorative/Designer Lighting Fixtures,Cable TV
  • Flooring: Carpet,Ceramic Tile,Wood

Heating & Cooling

  • Heating features: Central,Electric
  • Cooling features: Central Air,Electric

Interior Area

  • Total interior livable area: 2,199 sqft

Kitchen

  • Features: Breakfast Bar,Stone Counters,Walk-In Pantry
  • Level: First
  • Dimensions: 15 x 9

Living Room

  • Level: First
  • Dimensions: 18 x 16

Master Bedroom

  • Features: Dual Sinks,Double Vanity,Garden Tub/Roman Tub,Walk-In Closet(s)
  • Level: First
  • Dimensions: 20 x 14

Utility Room

  • Level: First
  • Dimensions: 7 x 6

Property

Details

  • Parcel number: 2730628

Features

  • Levels: One
  • Stories: 1
  • Pool features: None
  • Patio & porch: Covered
  • Exterior features: Rain Gutters
  • Fencing: Fenced,Wood

Lot

  • Lot size: 7,753 sqft
  • Features: Interior Lot,Subdivision,Few Trees
  • Lot size dimensions: 7787

Parking

  • Total spaces: 4
  • Parking features: Additional Parking,Garage,Garage Door Opener
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Carport: Yes
  • Carport spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hail
    HailVery High
  • Tornado
    TornadoVery High
  • Cold Wave
    Cold WaveRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Ice Storm
    Ice StormModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Hail
Tornado
Cold Wave
Heat Wave
Inland Flooding
Ice Storm
Strong Wind
Winter Weather

FEMA Declared Disasters Across Texas Counties

Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,123$25,476
Home Insurance *$237$2,844
Property Taxes $646$7,752
Electricity $241$2,897
Total$3,247$38,964
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$111,325/yr
40% on housing$97,410/yr
45% on housing$86,586/yr

Texas FAIR Plan Programs

Texas FAIR Plan Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

Texas Windstorm Insurance Association

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 126,680Commercial: -4
Total Premiums$237.28M
Total Exposure$32.93B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.9%
6.9%
0%30.0%
Electricity Growth Rate10-year average: 3.8%
3.8%
0%15.0%
Property Taxes Growth Rate2-year average: -1.8%
-1.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$191This listing

vs Other Active Listings

Avg $/sqft

ZIP 75454$184
Collin County$205

vs Homes Sold Last Month

Median $/sqft

ZIP 75454$180
Collin County$185

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-15Listing removed$2,200
2026-08-03Price change$420,000
2026-07-27Listed for rent$2,200
2026-07-25Price change$438,000
2026-07-10Price change$443,000
2026-06-01Price change$448,000
2026-05-16Listed for sale$458,000
2026-01-27Listing removed$2,400
2025-12-14Price change$2,400
2025-12-01Listed for rent$2,500
2025-11-16Listing removed$2,500
2025-09-17Price change$2,500
2025-08-24Listed for rent$2,800
2020-12-06Listing removed$2,100
2020-11-28Listed for rent$2,100

For Sale by Agent

AgentChris Ho
BrokerageKingdom Estate

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