509 Teal Ln, Melissa, TX 75454
Property image
Property image
OFF MARKET

$320,900

Trulia Estimate
  • 4 Beds
  • 3 Baths
  • 2,042 sqft

509 Teal Ln, Melissa, TX 75454

Est. Refi. Payment $2,103/mo*
Refinance Your Home

Home Value

Trulia Estimate
$321K
Since last month
Decreased$5K (-1.6%)
Since last year
Decreased$14K (-4.1%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +56% in the last 10 years
MonthEstimated value
2026
August 2026$321K
August 2026$321K
July 2026$326K
June 2026$329K
May 2026$332K
April 2026$332K
March 2026$329K
February 2026$329K
January 2026$324K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
506 Basswood Ln, Melissa, TX
0.08
Single-Family Home
-
07/23/26
4
2.5
2,475
485 Hunters Ridge Dr, Melissa, TX
0.08
Single-Family Home
-
11/12/25
3
2.5
2,280
2111 Ranchwood Dr, Melissa, TX
0.29
Single-Family Home
-
02/26/26
4
3
2,265
512 Fisherman Trl, Melissa, TX
0.13
Single-Family Home
-
11/17/25
3
2
1,920
2203 Vista Ridge Rd, Melissa, TX
0.24
Single-Family Home
-
04/14/26
4
2.5
3,048
277 Big Bear Dr, Melissa, TX
0.23
Single-Family Home
-
01/16/26
3
2.5
2,212
508 Basswood Ln, Melissa, TX
0.08
Single-Family Home
-
10/21/25
3
2
1,674
2306 Pheasant Run, Melissa, TX
0.15
Single-Family Home
-
10/01/25
4
2.5
2,356
288 Salmon Lake Dr, Melissa, TX
0.25
Single-Family Home
-
11/03/25
4
2
2,127
1010 Hickory Chase Ln, Melissa, TX
0.35
Single-Family Home
-
11/25/25
4
3
2,459

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
505 Teal Ln, Melissa, TX 75454
0.02
$339,900
3
2
2,008
Off Market
503 Teal Ln, Melissa, TX 75454
0.03
$286,000
3
2
1,426
Off Market
506 Basswood Ln, Melissa, TX 75454
0.08
-
4
2.5
2,475
Recently Sold
482 Hunters Ridge Dr, Melissa, TX 75454
0.07
$305,000
3
2
1,411
For Sale
508 Basswood Ln, Melissa, TX 75454
0.08
$311,200
3
2
1,674
Off Market
504 Basswood Ln, Melissa, TX 75454
0.08
$322,000
3
2
1,789
Off Market
516 Teal Ln, Melissa, TX 75454
0.05
$301,500
3
2
1,676
Off Market
485 Hunters Ridge Dr, Melissa, TX 75454
0.08
-
3
2.5
2,280
Recently Sold
491 Hunters Ridge Dr, Melissa, TX 75454
0.08
$333,400
3
2
2,098
Off Market
2011 Dove Xing, Melissa, TX 75454
0.05
$340,500
4
2
2,124
Off Market
502 Hunters Ridge Dr, Melissa, TX 75454
0.07
$300,900
3
2
1,744
Off Market
495 Hunters Ridge Dr, Melissa, TX 75454
0.08
$306,900
3
2
1,676
Off Market

Local Information

  • Map ViewExplore the area around 509 Teal Ln.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 2007
2,042 sqft
$157/sqft
Garage

About this House

Master downstairs, only 4th bedroom and it's full bath are upstairs--perfect for a teenager or guest who needs a more private bedroom--would make a good game room too. Beautifully maintained by a conscientious original owner, this young home is a great offering. The smoke alarms are combination smoke and CO. This is a spotless KHov home features split bedrooms, a logical floor plan, open kitchen with great storage, beautifully appointed, & completely move-in-ready. Roof was replaced in 2014 & the air conditioner was replaced in 2016. Fantastic location is close to 75 & 121 but far enough away for a country-suburban feel. The sellers are flexible on a carpet allowance and the transfer of the washer and dryer.
509 Teal Ln, Melissa, TX 75454 is a 4 bedroom, 3 bathroom, 2,042 sqft single-family home built in 2007. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $320,900, with a rent estimate of $2,264/month.

Home Details for 509 Teal Ln

Interior Features

Heating & Cooling
Heating: Forced Air, GasAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 2Floors: Tile, Carpet
Interior Details
Number of Rooms: 5
Appliances & Utilities
Cable ReadyDishwasherMicrowave
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: CompositionExterior: BrickFoundation Type: SlabPatioSprinkler System
Parking & Garage
GarageParking: Garage Attached

Property Information

Year Built
Year Built: 2007Year Updated: 2007
Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 6534 sqft

Price and Tax history

DateEventPrice
Mar 15, 2018
Source: Agent Provided
ListingRemoved
$245,000
Mar 7, 2018
Source: Agent Provided
Pending
$245,000
Feb 9, 2018
Source: Agent Provided
Listed For Sale
$245,000

Market trends in Melissa

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$419K
$4.17KMoM
Sale-to-List Price
99.2%
0.1%MoM
Price per sq ft
$181
$2MoM
Available listings
209
13MoM

Around this home

What Locals Say about Melissa

At least 55 Trulia users voted on each feature.

  • 96 % Say yards are well-kept

  • 91 % Say it's dog friendly

  • 87 % Say parking is easy

  • 85 % Say car is needed

  • 84 % Say there's holiday spirit

  • 83 % Say it's quiet

  • 83 % Say kids play outside

  • 81 % Say people would walk alone at night

  • 79 % Say there are sidewalks

  • 61 % Say streets are well-lit

  • 61 % Say they plan to stay for at least 5 years

  • 54 % Say neighbors are friendly

  • 33 % Say there's wildlife

  • 26 % Say there are community events

  • 13 % Say it's walkable to restaurants

Sourced by Trulia users. Learn more about our methodology.
  • Amye
    "This is a great community, but it’s no longer the small town it once was. The school district is excellent with supportive and caring teachers and staff."
    0
    Flag
  • Amye
    "My neighborhood has easy access to highway 75 and it’s about a 30 minute drive from here to downtown Dallas."
    0
    Flag
  • brad.schweik
    "Great neighborhood! Many kind people and they have respect for their homes and for other people. We have really enjoyed living here."
    0
    Flag
  • Meagstiffler
    "We have no family close to us. We are blessed that the neighbors have been family to us. We have weekly potluck dinners, and if I need help with house sitting, letting our dog out, or bringing my mail in, we have people that we can call. "
    2
    Flag
  • Carey A.
    "Safe friendly area to walk your fur babies. If you don’t like dogs, don’t move into this neighborhood. "
    0
    Flag
  • Pastorj
    "Community Parades, block parties, and Easter events for the community! Local pool with community fun for everyone to enjoy! "
    0
    Flag
  • Jordan B.
    "Good community and all are family Oriented mostly young family people who live here. Lots of kids so great for little ones to grow up in Melissa. Police are fair and helpful. Great sense of community here and plenty of gas stations! Only negative things are no grocery store and we need more food options. Schools are great teachers are helpful and patient no drugs that are immediately noticeable. Really good city to live in. Low if any crime also "
    2
    Flag
  • Sarahbryant0505
    "Parades, Fourth of July fireworks shows, great schools, small town with small town feel. We love it here"
    0
    Flag
  • Alynnd76
    "Melissa is very family friendly and the public library always has things going on for the kids. The farmers market puts on lots of activities for kids and families."
    1
    Flag
  • Kendhal T.
    "It’s very quiet out here. No one messes with anyone. New developments are being built weekly. Value of homes are going up yearly. "
    0
    Flag
  • sunshine
    "Family friendly and safe neighborhood. Great schools and community pool. Neighborhood picnics and community garage sales."
    0
    Flag
  • Daniel
    "No events specifically, but we just moved here last July. Neighbors mostly seem nice but we’ve only met a few. There are some nice parks nearbyt"
    0
    Flag
  • S n. h.
    "City of Melissa has holiday events like parades and festivals. Neighborhoods have all the usual things like garage sales and trick or treating. "
    0
    Flag
  • Harrison T.
    "Overall solid place and school systems. It’s a growing area lacking just a few creature comforts. Those should come in time"
    0
    Flag
  • Kate P.
    "Several things..some good, some not so good. At the moment it’s simply a good area to invest in, due to the growth. "
    1
    Flag
  • Coby M.
    "Great place to live. Melissa is expanding. "
    0
    Flag
  • Shauna S.
    "Wonderful place to live. New parks, great schools. "
    2
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 509 Teal Ln

  • What is 509 Teal Ln estimated to be worth?
    Trulia's estimated value for 509 Teal Ln in Melissa, TX is $320,900.
  • Is Melissa a buyer's or seller's market?
    Melissa is currently a buyer's market, based on recent for-sale activity.
  • What's the median sale price in Melissa?
    The median sale price in Melissa is $419K. That is up $4.17K from the prior month.
  • What do residents say about Melissa?
    Residents describe Melissa, TX as well-kept, dog-friendly, and easy to park in. Most residents say you need a car. See recently sold homes in Melissa, TX.
  • Does 509 Teal Ln have air conditioning?
    Yes, 509 Teal Ln in Melissa, TX has air conditioning.
  • How big is the lot at 509 Teal Ln?
    The lot at 509 Teal Ln in Melissa, TX is about 0.15 acres (6,534 sq ft).

Explore by feature - Pet Friendly

90 pet-friendly rentals in Melissa, TX

Explore by feature - Garage

76 rentals with a garage in Melissa, TX

Explore by feature - Air Conditioning

86 rentals with air conditioning in Melissa, TX

Explore by feature - Pool

52 rentals with a pool in Melissa, TX

Explore by feature - Washer/dryer

96 rentals with a washer/dryer in Melissa, TX

Explore by feature - Outdoor Space

34 rentals with an outdoor space in Melissa, TX

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Off Market Homes Near 509 Teal Ln

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