B+

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1view

$297,000

1001 Boardwalk St, Midlothian, TX, 76065

Off Market

3 Beds

2 Bath

1,214 Sq Ft

Single Family Residence

$247.12 / sqft

Built in 1993

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Electric Range

FlooringCarpet, Ceramic Tile, Wood

Exterior

Lot Size7,536 sqft

Building Information

Year Built1993

Stories1

Garage Spaces1

Land Information

APN54.7353.011.001.00.108

SubdivisionPark Place 5th

Land UseResidential

Legal Description1 11 PARK PLACE 5TH 0.173 ACRES

Census Tract060220

Assessed Land Value$88,000

Assessed Improvement Value$147,249

Assessment Year2025

About this property

This charming 3-Bed, 2-Bath Home on CORNER lot feels like country living in the city. Zoned for desirable MIDLOTHIAN ISD Welcome to your peaceful retreat in the heart of Midlothian! This well-maintained, move-in-ready corner-lot home offers the best of both worlds: quiet, scenic living on the edge of protected land, with quick access to HWY 287 and HWY 67 for an easy commute. Step inside to a warm, inviting living area with beautiful hardwood floors, while the kitchen and bathrooms feature easy-to-clean tile. The kitchen includes brand NEW appliances. Out back, enjoy your morning coffee with views of nature and no backyard neighbors! The fully fenced yard with 8 ft privacy fence, features surrounding mature shade trees and a bonus heavy-duty wood shed (perfect for garden tools, extra storage or even a she shed or man cave or club house for the kids). Don't miss your chance to own this cozy hidden gem that feels like a country escape right in the city. Schedule your private tour today!

Investor Tools

$297,000

Estimated Property Value

$294,566Estimated Mortgage Balance

$6,305Estimated Equity

1% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,800 /month

Positive

Cash Flow Estimate:

$600 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$357/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$2,805

$235,249

2025

$88,000

$147,249

$235,249

Tax History

Year

Tax Paid

Assessed Value

2024

$2,805

$235,249

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Primary Residential Mortgage Inc

Fha

$294,566

Yes

First

Aug 28, 2025

Sep 2055

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$290,695

$6,305

98%

$1,767/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,020/mo

$1,767/mo

+$253/mo

8.2%

Learn About the Market: Opportunity in Texas

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Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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