4414 Silverweed Ln, Melissa, TX, 75454
About This Home
Outstanding investor opportunity in a rapidly growing area. This 2024 new construction home is already producing income with a reliable tenant in place through September 30 2026. Currently leased to housing voucher members at 2636 per month this property offers immediate cash flow and peace of mind. The modern floor plan features 3 spacious bedrooms and 2 full bathrooms. The gourmet kitchen is equipped with brand new stainless steel appliances granite countertops and a large center island perfect for modern living. Additional highlights include a covered patio for outdoor enjoyment and a 2 car garage providing ample storage. This is a turnkey addition to any real estate portfolio with the benefits of a newer build and established rental income.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- New construction: Yes
- Year built: 2024
Materials
- Foundation: Concrete Perimeter
- Roof: Asphalt
- Construction materials: Brick
Type & Style
- Home type: SingleFamily
- Architectural style: Contemporary/Modern,Detached
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dryer,Dishwasher,Electric Cooktop,Microwave,Refrigerator,Washer
Bedroom
- Level: Second
- Dimensions: 15 x 15
Bedroom
- Level: Second
- Dimensions: 15 x 15
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Features
- Kitchen Island,Open Floorplan,Pantry,Walk-In Closet(s)
Interior Area
- Total interior livable area: 1,862 sqft
Kitchen
- Level: First
- Dimensions: 12 x 12
Living Room
- Features: Built-in Features,Ceiling Fan(s)
- Level: First
- Dimensions: 20 x 15
Master Bedroom
- Features: Cedar Closet(s),Ceiling Fan(s)
- Level: Second
- Dimensions: 12 x 12
Property
Details
- Parcel number: R1319300A08401
Features
- Levels: One
- Stories: 1
- Pool features: None
- Fencing: Back Yard
Lot
- Lot size: 7,379 sqft
- Lot size dimensions: 45
Parking
- Total spaces: 2
- Parking features: Asphalt
- 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
- Tornado
- Cold Wave
- Heat Wave
- Inland Flooding
- Wildfire
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across Texas Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,921 | $23,052 |
| Home Insurance * | $215 | $2,580 |
| Property Taxes | $595 | $7,140 |
| Electricity | $238 | $2,859 |
| Total | $2,969 | $35,628 |
Income You'd Need if You Spent...
Texas FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-07 | Price change | $379,999 |
| 2026-03-13 | Listed for sale | $389,999 |
| 2025-09-20 | Listing removed | $2,499 |
| 2025-08-25 | Price change | $2,499 |
| 2025-07-29 | Price change | $2,625 |
| 2025-07-19 | Price change | $2,650 |
| 2025-07-12 | Listed for rent | $2,850 |
| 2025-04-03 | Listing removed | $2,800 |
| 2025-03-03 | Listed for rent | $2,800 |
| 2024-12-18 | Listing removed | $361,990 |
| 2024-12-10 | Price change | $361,990 |
| 2024-11-28 | Listing removed | $1,950 |
| 2024-11-15 | Listed for sale | $396,990 |
| 2024-11-15 | Price change | $1,950 |
| 2024-11-01 | Listed for rent | $2,000 |
New Construction
View on Zillow