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$342,000

NAL Estimated Property Value

1335 Tower Rd, Midlothian, TX, 76065

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,632 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$244.49 / sqft
Year BuiltBuilt in 2014

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Oven, Microwave
FlooringLaminate

Exterior

Lot Size2.17 acres

Building Information

Year Built2013
Stories1
Roof Type105
Garage Spaces1

Land Information

APN99.0589.000.006.00.108
SubdivisionA James
Land UseResidential
Legal Description589 A JAMES 2.173 ACRES
Census Tract060802
Assessed Land Value$180,000
Assessed Improvement Value$188,163
Assessment Year2025

About this property

Charming Custom-Built Home with Workshop & Pond – Surrounded by Nature. Discover the perfect blend of comfort and tranquility in this beautifully crafted custom-built 2-bedroom, 2-bath home. Designed for those seeking to downsize without compromising quality, this bright and airy retreat offers an inviting interior with plenty of natural light and an open-concept layout. Sunscreens and gutters add to the home's efficiency and durability, ensuring comfort in all seasons. Nestled on 2 acres of agricultural-zoned land, this property is surrounded by lush greenery and serene landscapes, making it an ideal escape for nature lovers. A peaceful pond enhances the charm of the setting, offering a relaxing space to enjoy the outdoors. For those who enjoy hobbies or need extra storage, the workshop with electricity provides a functional space for projects, tools, or equipment. Enjoy the privacy of a secluded location with gravel road access, while still benefiting from the convenience of being just a short drive from shopping, dining, and essential amenities. Whether you’re looking for a cozy primary residence or a serene getaway, this property offers the best of both worlds—natural beauty and modern convenience. The kitchen refrigerator, washer and dryer, and refrigerator in the laundry room are negotiable.

Investor Tools

Property Icon
$342,000
Estimated Property Value
$255,032Estimated Mortgage Balance
$86,968Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,394 /month
Positive
Cash Flow Estimate:
$798 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$243/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,208
$330,111
2025
$180,000
$188,163
$368,163
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,208
$330,111

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$260,000
No
First
Apr 25, 2025
May 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$255,032
$86,968
25%
75%
$1,559/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,020/mo
$1,559/mo
+$461/mo
7.1%

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.

Explore Texas Explore This Area
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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1335 Tower Rd | Property Details | No Agent List