Real Estate Investing in Melissa, Texas

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

1 ZIP codes • Population: 20,137 • Collin County

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Should you buy in Melissa, TX? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (69/100)

Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
1 flag
  • 1-year downturn: Values declined 3.4% in the last year.

What’s happening in Melissa, TX?

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3.0/ 5

Investability

Citywide average

2.0/ 5

Appreciation

2.7% 5yr CAGR

5.0/ 5

Landlord Climate

Regulatory friendliness

🏦 30-yr Fixed Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS
Avg Investability
Avg Home Value $431,038
Avg Monthly Rent $1,949
ZIP Codes 1

Investing in Melissa Real Estate

With a sizable population across 1 ZIPs, Melissa shows the kind of soft fundamentals that keep most out-of-state capital on the sidelines.

The investment case for Melissa is difficult to make on screen data alone. a harder case for a 3.0 rating and a cap rate of 0.0% that looks fine only until you underwrite the vacancy.

Market conditions in Melissa are soft. Days-on-market has stretched, rent growth has stalled, and the 0.0% 5-year CAGR understates how uneven the underlying ZIPs really are.

The 0% renter share in Melissa masks uneven tenant quality across ZIPs, and $N/AK median income leaves little cushion against economic shocks.

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Best ZIP codes in Dallas-Fort Worth-Arlington, TX

Melissa is part of this metro. Every ZIP in it, ranked. Free.

Cash Flow → Appreciation → Affordable →

Landlord Ground Truth

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Property managers serving Collin County

Manage rentals here? List your business →

North Texas Property Management offers residential property management services for rental properties and single-family homes in Plano, McKinney, and Allen. summary from their website

Single-family
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Park One Properties provides property management services and leasing. summary from their website

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Plano Property Management offers property management services in Plano. summary from their website

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Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.

Avg Home Value
$431,038
Avg Monthly Rent
$1,949
1% Rule
✗ Below
Landlord Friendly (TX)

ZIP Codes in Melissa, TX

Screen every ZIP in Melissa

Filter Melissa’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo).

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Frequently Asked Questions About Melissa, TX

Are homes affordable in Melissa, TX?

Typical homes in Melissa, TX go for around $431K. The 5-year CAGR of 0.0% stable price movement.

How quickly do rentals get leased in Melissa, TX?

Vacancy in Melissa, TX is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $1,949/mo.

Are landlord laws favorable in Melissa, TX?

Melissa, TX falls under TX landlord-tenant law, which is landlord-friendly. That backdrop makes day-to-day property management reasonable.

Does house hacking work in Melissa, TX?

For house hackers, Melissa, TX is a challenging. The $1,949/mo rent on a unit helps defray the mortgage on a $431K property.

How qualified is the tenant pool in Melissa, TX?

Melissa, TX draws a reliable base of working renters. Demand at the $1,949/mo rent level is reasonable for standard single-family and small multi rentals.

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