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$324,999

1506 Park Meadow Drive, Midlothian, TX, 76065

$342,531 ARVInfo
Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,768 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$117.41 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 3Bathrooms 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Microwave
FlooringCarpet, Ceramic Tile, Wood

Exterior

Lot Size7,492 sqft

Building Information

Year Built2016
Stories2
Roof Type105
Garage Spaces2

Land Information

APN54.7370.005.002.00.108
Lot Number2
SubdivisionParkside Estates
Land UseResidential
Legal DescriptionLOT 2 BLK 5 PARKSIDE ESTATES .172 AC
Census Tract060702
Assessed Land Value$100,000
Assessed Improvement Value$351,858
Assessment Year2025

About this property

One owner - beautiful home in midlothian - NO neighbors behind you as this home backs up to a green belt! 4 bedrooms 3 full bathrooms with a gameroom! With this open floor plan, it makes this a great home to entertain! This home is a MUST see!

Investor Tools

Property Icon
$453,000
Estimated Property Value
$0Estimated Mortgage Balance
$178,697Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$342,531
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,718 /month
Positive
Cash Flow Estimate:
$906 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$738/month
$275/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,596
$451,858
2025
$100,000
$351,858
$451,858
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,596
$451,858

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Quicken Loans Llc
Conventional
$308,750
No
First
Aug 4, 2020
Sep 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$274,303
$178,697
39%
61%
$1,852/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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1506 Park Meadow Drive | Property Details | No Agent List