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$328,435

1427 Meadow Lane, Midlothian, TX, 76065

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,827 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$131.09 / sqft
Year BuiltBuilt in 1968

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Gas Oven, Plumbed For Ice Maker, Gas Water Heater
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Exterior FeaturesStorage
Lot Size11,173 sqft

Building Information

Year Built1968
Stories1
Roof Type105
Garage Spaces2

Land Information

APN54.6906.000.105.00.108
Lot Number105
SubdivisionNorthridge Addition #4
Land UseResidential
Legal DescriptionLOT 105 NORTHRIDGE ADDITION #4
Census Tract060704
Assessed Land Value$90,000
Assessed Improvement Value$238,435
Assessment Year2025

About this property

Completely remodeled home in Midlothian ISD! Enter to find a great open floorplan & grand floor to ceiling brick fireplace w hearth! The updated kitchen has a lg breakfast bar that flows into the living & dining areas. Beautiful grey tone granite ct w white subway tile backsplash, SS appliances (including SS gas cooktop!) & updated fixtures. All windows replaced throughout! You will love the master suite w newly installed, sleek marble look tile walkin shower+all new vanity, pocket door & fixtures too! Great size backyard w storage shed, shaded under majestic, established trees. Quiet neighborhood with little turnaround. Enjoy the character of an older home but with all the updates & features of modern living!

Investor Tools

Property Icon
$328,435
Estimated Property Value
$0Estimated Mortgage Balance
$114,983Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,971 /month
Positive
Cash Flow Estimate:
$657 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$492/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,261
$328,435
2025
$90,000
$238,435
$328,435
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,261
$328,435

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amerisave Mortgage Corp
Credit Line (Revolving) / Heloc
$232,000
No
First
Feb 8, 2022
Mar 2047

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$213,452
$114,983
35%
65%
$1,391/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,630/mo
$1,391/mo
+$1,239/mo
9.6%

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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