Real Estate Investing in Melissa, Texas (75454)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 75454 (Melissa, TX)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- 1-year downturn: Values declined 3.4% in the last year.
What’s happening in Melissa, TX (75454)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 75454 Melissa
The 75454 ZIP covers a section of Melissa that demands careful diligence. Prices near $431K look accessible, but the work to make a deal cash flow is real.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $431K asset, 75454 is the wrong submarket. If the plan prices in friction, the yield can still work.
In the broader TX picture, 75454 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
The demographic picture in 75454 includes headwinds that any investor should price in. Income distribution skews lower than Melissa averages, and tenant stability requires active management.
Strategically, 75454 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.
Here's what matters if you're considering buying a home in Melissa:
Property Strategy for 75454
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 3BR | $372,298 | $3,640 | 7.0% | +6.9% | $124,099 |
| 4BR | $469,749 | $4,630 | 7.1% | +7.3% | $117,437 |
| 5BR | $539,652 | — | — | +8.2% | $107,930 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 75454 Compare?
| Metric | 75454 | Melissa | Dallas-Fort Worth-Arlington, TX | Texas |
|---|---|---|---|---|
| Home Value | $431,038 | $431,038 | N/A | $297,000 |
| 5-Year CAGR | 2.7% | 2.7% | N/A | 5.4% |
| Avg Rent | $1,949 | $1,949 | N/A | - |
| Cap Rate | 3.5% | 3.5% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 75454 (Melissa, TX). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 75454 (Melissa, TX)?
~25 seconds · no account needed · your report is anonymous
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
Park One Properties provides property management services and leasing. summary from their website
Plano Property Management offers property management services in Plano. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $431,038 |
| Monthly Rent | $1,949 |
| Price-to-Rent | 18.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.4% |
| Cap Rate | 3.5% |
| 5-Year IRR | 6.3% |
📈 Home Appreciation
| 1-Year | -3.4% ▼ |
| 3-Year CAGR | -2.7% ▼ |
| 5-Year CAGR | +2.7% ▲ |
| 10-Year CAGR | +4.7% ▲ |
🏠 Rent Trends
| 1-Year | +1.7% ▲ |
| 3-Year CAGR | +0.1% ▲ |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.5%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 75454
Population: 20,137
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 75454
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 8,007 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What monthly rent should investors expect in Melissa, TX?
Expect rents around $1,949/mo per month in Melissa, TX. With home values at $431K, the yield math works out to reasonable levels for rental investors.
How do home values compare in Melissa, TX?
Melissa, TX home values average about $431K. That price point suits investors targeting rentals with $1,949/mo in monthly income.
What is the investability score for Melissa, TX?
Melissa, TX rates 3.0/5 for investability. With median values at $431K and rents near $1,949/mo, the market offers reasonable fundamentals for rental investors.
Do landlords face vacancy issues in Melissa, TX?
Melissa, TX sees elevated vacancy, which is reasonable relative to the broader TX rental market.
Are tenants stable in Melissa, TX?
Tenant demand in Melissa, TX is solid. The local workforce $1,949/mo rents across most rental classes.
You know 75454 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 75454 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 75454 ranks in Dallas-Fort Worth-Arlington, TX
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 75454 (Melissa)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 75454 (Melissa, TX).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.