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1108 Mahogany Dr, Melissa, TX, 75454

4beds
4baths
3,144sqft
$490,000
$156price/sqft
$3,648/moest. monthly cost
$145,920/yrincome needed

About This Home

Start 2026 in this stunning, nearly new Meritage home in Melissa ISD. This north facing 2 story Bexar floor plan offers 4 bedrooms, 3.5 baths, and 3,144 sq ft of thoughtfully designed living space. The primary suite is conveniently located downstairs, and the open concept layout features soaring vaulted ceilings, walls of windows, and a formal living area at the front of the home, perfect for hosting or a quiet retreat. The bright kitchen and main living area are flooded with natural light, creating an inviting space for everyday living and entertaining. A whole home water softener adds comfort and efficiency throughout. Outside, enjoy a master planned community lifestyle with a community lake, walking trails, and easy access to Hwy 75 for commuting to McKinney, Allen, and beyond. Families will love being in highly rated Melissa ISD, with elementary and middle schools just about 1.1–1.2 miles away. This is a must see for buyers seeking a contemporary two story home in growing Melissa.

Getting Around

1
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

9/10
9/10
Melissa Middle SchoolGrades 6-81.0 mi
8/10
Melissa High SchoolGrades 9-122.3 mi

Construction

Condition

  • Year built: 2024

Materials

  • Foundation: Slab
  • Roof: Composition
  • Construction materials: Brick

Type & Style

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

Interior

Appliances

  • Appliances included: Some Gas Appliances,Dishwasher,Electric Oven,Gas Cooktop,Disposal,Microwave,Plumbed For Gas,Water Softener,Water Purifier

Bedroom

  • Features: Walk-In Closet(s)
  • Level: Second
  • Dimensions: 18 x 11

Bedroom

  • Level: Second
  • Dimensions: 12 x 11

Bedroom

  • Level: Second
  • Dimensions: 12 x 12

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1

Dining Room

  • Level: First
  • Dimensions: 18 x 13

Family Room

  • Features: Ceiling Fan(s)
  • Level: First
  • Dimensions: 18 x 18

Features

  • Decorative/Designer Lighting Fixtures,High Speed Internet,Kitchen Island,Open Floorplan,Other,Pantry,Smart Home,Cable TV,Vaulted Ceiling(s),Walk-In Closet(s),Wired for Sound
  • Flooring: Carpet,Ceramic Tile,Luxury Vinyl Plank,Tile

Half Bath

  • Level: First
  • Dimensions: 6 x 5

Heating & Cooling

  • Heating features: Central,Electric,Natural Gas
  • Cooling features: Central Air,Ceiling Fan(s),Electric

Interior Area

  • Total interior livable area: 3,144 sqft

Kitchen

  • Features: Built-in Features,Kitchen Island,Stone Counters,Walk-In Pantry
  • Level: First
  • Dimensions: 18 x 9

Laundry

  • Level: First
  • Dimensions: 9 x 7

Living Room

  • Level: Second
  • Dimensions: 24 x 18

Master Bathroom

  • Features: Built-in Features,Dual Sinks,En Suite Bathroom,Linen Closet,Stone Counters,Separate Shower
  • Level: First
  • Dimensions: 11 x 11

Master Bedroom

  • Features: Ceiling Fan(s),Walk-In Closet(s)
  • Level: First
  • Dimensions: 16 x 14

Office

  • Level: First
  • Dimensions: 13 x 11

Other

  • Features: Built-in Features,Solid Surface Counters
  • Level: Second
  • Dimensions: 9 x 5

Other

  • Features: Built-in Features,Solid Surface Counters
  • Level: Second
  • Dimensions: 12 x 5

Property

Details

  • Parcel number: R1290300H00301
  • Exclusions: *See exclusions attached and negotiable Items in MLS Docs.

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None
  • Patio & porch: Covered
  • Exterior features: Rain Gutters
  • Fencing: Back Yard,Privacy,Wood
  • Residential vegetation: Cleared,Grassed

Lot

  • Lot size: 5,532 sqft
  • Features: Back Yard,Interior Lot,Lawn,Landscaped,Level,Subdivision,Sprinkler System,Few Trees

Parking

  • Total spaces: 2
  • Parking features: Driveway,Enclosed,Garage Faces Front,Garage,Garage Door Opener,Secured,Storage
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Has uncovered spaces: Yes

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

  • Tornado
    TornadoVery High
  • Hail
    HailRelatively High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Tornado
Hail
Cold Wave
Heat Wave

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 $2,477$29,724
Home Insurance *$277$3,324
Property Taxes $549$6,588
Electricity $345$4,142
Total$3,648$43,776
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$125,074/yr
40% on housing$109,440/yr
45% on housing$97,280/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

$156This 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
2026-04-09Listed for sale$525,000
2026-04-04Listing removed$530,000
2026-03-20Price change$530,000
2026-03-05Price change$539,900
2026-01-28Listed for sale$550,000
2024-03-14Sold--
2024-02-07Pending sale$512,423
2024-01-31Listing removed$522,423
2024-01-17Listed for sale$522,423
2023-12-06Listing removed--
2023-10-21Listed for sale$535,423

For Sale by Agent

AgentCarolina Dusenbery
BrokerageRedfin Corporation

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