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$300,000

1025 Boardwalk St, Midlothian, TX, 76065

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,528 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$196.33 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater, Microwave, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Exterior FeaturesRain Gutters
Lot Size6,708 sqft

Building Information

Year Built1997
Stories1
Garage Spaces2

Land Information

APN54.7354.011.013.00.108
Lot Number13
SubdivisionPark Place 6th
Land UseResidential
Legal DescriptionLOT 13 BLK 11 PARK PLACE 6TH .154 AC
Census Tract060220
Assessed Land Value$80,000
Assessed Improvement Value$175,710
Assessment Year2025

About this property

Move in ready 3-2-2 brick home in Midlothian ISD at an affordable price! The home backs up to a large ranch with beautiful views of Texas pasture. Updated kitchen with built in breakfast table and bench. Great, open concept living, dining and kitchen all looking out towards the pasture. Short walk to the elementary school that it located in the neighborhood. Huge extended covered patio plus additional large concrete pad surrounded by raised flower beds. This backyard space is perfect for entertaining or relaxing! 30 year roof installed in November 2019, Dishwasher replaced 2019. Comfortable, cozy home in a good neighborhood for a great price! No showings until 6-16-22

Investor Tools

Property Icon
$300,000
Estimated Property Value
$232,500Estimated Mortgage Balance
$84,123Estimated Equity
23% 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
$564/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,273
$255,710
2025
$80,000
$175,710
$255,710
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,273
$255,710

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cadence Bank Na
Conventional
$232,500
No
First
Jul 18, 2022
Aug 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$215,877
$84,123
28%
72%
$1,394/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,020/mo
$1,394/mo
+$626/mo
8.1%

Learn About the Market: Opportunity in Texas

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Explore

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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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Midlothian

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1025 Boardwalk St | Property Details | No Agent List