Ashton HarrisREALTOR® Coldwell Banker Apex, Realtors
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Villages of Melissa: neighborhood guide

I'm Ashton Harris, a REALTOR® with Coldwell Banker Apex, Realtors, and I live in Melissa, Texas. The Villages of Melissa has 766 homes built from 2006 to 2020, and for 2026-27 it's zoned to Melissa ISD's new Cardinal Renaissance Academy. Here's what to know before you buy, sell or lease here.

At a glance

Main streetsBrazos Street, Van Zandt Road, Mason Drive, Bastrop Street, Founders Way
City, county, ZIPInside Melissa city limits; Collin County; 75454
Homes766 single-family homes in 7 recorded sections, built 2006 to 2020; first plat recorded in 2005
Size and lotMedian 2,070 sq ft; most homes 1,750 to 2,900 sq ft; median lot 5,400 sq ft (0.12 acre); 62% one story
2026 tax-roll valueMedian $378,000; most homes $334,000 to $439,000
HOAThe Villages of Melissa Homeowners Association, Inc.; its 2021 recorded filing names Assured Association Management as managing agent
Due at closingAn HOA initial contribution of half the annual assessment, on every sale (recorded filing)
MUD or PIDNone on Collin CAD's 2026 roll
2026 tax rateAbout $1.89 per $100 of value
Schools, 2026-27Cardinal Renaissance Academy (students already at Highland Elementary could choose to stay), Sixth Grade Center, East Cardinal Middle School, Melissa High School (Melissa ISD; confirm by address)
Building nowNo builder community; resale homes

Collin CAD figures come from the certified 2026 appraisal roll, pulled Oct. 27, 2026. 'Most homes' means the middle 80%. Lot sizes are measured from Collin CAD's parcel map. Tax-roll values are as of Jan. 1, 2026, leave out homes built in 2026, and aren't sale prices.

Villages of Melissa, answered

  • Which elementary school serves the Villages of Melissa?

    Starting in 2026-27, Melissa ISD zones the Villages of Melissa to Cardinal Renaissance Academy, its new elementary at 2950 Cardinal Drive, in the Sixth Grade Center's old building (the Sixth Grade Center is now at 3150 Cardinal Drive). Melissa ISD says students already attending Highland Elementary can choose to stay there; ask the district whether a student who moves in later can. After fifth grade come the Sixth Grade Center, East Cardinal Middle School and Melissa High School.

  • How much are property taxes in the Villages of Melissa?

    The neighborhood is inside Melissa's city limits, and Collin CAD lists no MUD or PID on any home here. On Collin County's 2026 list, the rates add up to about $1.89 per $100 of value: Melissa ISD $1.2008, the City $0.454116, Collin County $0.151414 and Collin College $0.08122. With a homestead exemption ($140,000 off for school taxes, 6% off for city taxes, 5% off for county taxes and 20% off for Collin College taxes), that's about $5,260 a year on a $378,000 home, the neighborhood's median 2026 tax-roll value.

  • What will I owe the Villages of Melissa HOA when I buy?

    The Villages of Melissa HOA's recorded 2021 filing says "an initial contribution equal to half the annual assessment is due on all sales." The resale certificate shows the current dues and any other fees, and Texas caps its fee at $375. The same filing names Assured Association Management as managing agent.

  • What are Villages of Melissa homes like?

    Collin CAD lists 766 homes in seven recorded sections, built from 2006 to 2020, with the first plat recorded in 2005. The median home is about 2,070 square feet, most are 1,750 to 2,900, and 62% are one story, on a median lot of about 5,400 square feet.

  • Does the Villages of Melissa HOA have rules for pools and other changes?

    Yes. The HOA's recorded policies include swimming pool enclosure guidelines and architectural review procedures, so check them before you build. I pull the recorded rules for any home before your option period ends.

  • What's my Villages of Melissa home worth?

    Collin CAD's median 2026 value here is about $378,000, and most homes fall between $334,000 and $439,000. The median value per square foot is $179. Your price comes from recent sales of similar homes nearby, so I'll send you 3 to 4 recent comparable sales.

  • Can I lease out my Villages of Melissa home?

    It depends on the HOA's recorded rules, which can limit leasing, so read them first. Texas law doesn't let an HOA require its approval of your tenant or demand the tenant's credit report or application. I lease out a home in Melissa myself and help owners price, market and lease theirs. I find tenants; I don't manage property.