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4316 Cordata Dr, Melissa, TX, 75454

3beds
2baths
1,630sqft
$320,000
$196price/sqft
$2,361/moest. monthly cost
$94,440/yrincome needed

About This Home

PRICED WAY UNDER MARKET VALUE! Don't miss this incredible opportunity to own a beautifully maintained home with one of its most valuable features already in place—AN ASSUMABLE VA lLOAN JUST AT 2.75% for qualified buyers, offering the potential for significant long-term savings compared to today's interest rates. Designed for both comfort and efficiency, this home also includes SOLAR PANELS – Reduce electricity costs by over 50%, even with high energy usage while providing an environmentally friendly lifestyle. The open-concept floor plan is filled with natural light and offers spacious living areas perfect for everyday living and entertaining. The well-appointed kitchen flows seamlessly into the dining and family room, while the private primary suite provides a relaxing retreat. Generously sized secondary bedrooms offer flexibility for family, guests, or a home office. Located in the highly desirable Melissa community, residents enjoy outstanding neighborhood amenities, walking trails, parks, pools, playgrounds, and convenient access to shopping, dining, and major commuting routes. Outdoor enthusiasts will love being just minutes from Melissa Lake Park, featuring scenic walking trails, fishing opportunities, open green space, playgrounds, and exciting future amenities that continue to enhance the area's appeal. Whether you're looking for lower monthly payments through an assumable low-interest VA loan, energy savings from solar panels, or an exceptional location in one of North Texas' fastest-growing communities, this home checks all the boxes. Schedule your private showing today! Expensive Refrigerator, washer and dryer (All managed by app) could be conveyed with the right offer. COME SEE IT TO BELIEVE IT!! THIS ONE WILL BE GONE IN A BLINK!!

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

9/10
9/10
Melissa Middle SchoolGrades 6-82.5 mi
8/10
Melissa High SchoolGrades 9-121.4 mi

Construction

Condition

  • Year built: 2020

Materials

  • Foundation: Slab
  • Roof: Composition,Shingle
  • Construction materials: Brick,Other,Wood Siding

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Electric Cooktop,Electric Oven,Disposal,Gas Water Heater,Microwave,Solar Hot Water
  • Laundry features: Washer Hookup,Electric Dryer Hookup,Laundry in Utility Room,Stacked

Bedroom

  • Features: Ceiling Fan(s)
  • Level: First
  • Dimensions: 11 x 10

Bedroom

  • Features: Ceiling Fan(s)
  • Level: First
  • Dimensions: 10 x 10

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Breakfast Room Nook

  • Level: First
  • Dimensions: 11 x 9

Features

  • Decorative/Designer Lighting Fixtures,Double Vanity,Eat-in Kitchen,Granite Counters,Kitchen Island,Open Floorplan,Pantry,Cable TV
  • Window features: Window Coverings
  • Flooring: Carpet,Ceramic Tile,Wood

Heating & Cooling

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

Interior Area

  • Total interior livable area: 1,630 sqft

Kitchen

  • Features: Breakfast Bar,Built-in Features,Eat-in Kitchen,Granite Counters,Walk-In Pantry
  • Level: First
  • Dimensions: 14 x 9

Living Room

  • Features: Ceiling Fan(s),Fireplace
  • Level: First
  • Dimensions: 27 x 18

Master Bathroom

  • Features: Dual Sinks,Garden Tub/Roman Tub,Separate Shower
  • Level: First
  • Dimensions: 11 x 9

Master Bedroom

  • Features: Ceiling Fan(s),Walk-In Closet(s)
  • Level: First
  • Dimensions: 18 x 13

Utility Room

  • Level: First
  • Dimensions: 6 x 9

Property

Details

  • Parcel number: R1207900B00801

Features

  • Levels: One
  • Stories: 1
  • Pool features: None,Community
  • Patio & porch: Covered
  • Exterior features: Private Yard,Rain Gutters
  • Fencing: Back Yard

Lot

  • Lot size: 6,011 sqft
  • Features: Acreage

Parking

  • Total spaces: 2
  • Parking features: Covered,Door-Single,Driveway,Garage Faces Front,Garage,Garage Door Opener
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered 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 $1,618$19,416
Home Insurance *$181$2,172
Property Taxes $324$3,888
Electricity $238$2,859
Total$2,361$28,332
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$80,948/yr
40% on housing$70,830/yr
45% on housing$62,960/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

$196This 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
2026-07-21Listed for sale$320,000

For Sale by Agent

AgentAjay Ghiaar
BrokerageReputed Brokerage

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