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$370,000

NAL Estimated Property Value

1631 Ross Dr, Midlothian, TX, 76065

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,851 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$199.84 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 1.5Bathrooms Full 1.5
Bathrooms Half 0.5Bathrooms Half 0.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave
FlooringCarpet, Laminate

Exterior

Exterior FeaturesPrivate Yard
Lot Size9,017 sqft

Building Information

Year Built1999
Stories1
Garage Spaces2

Land Information

APN54.6394.008.004.00.108
Lot Number4
SubdivisionMidlothian Meadows Ph Iv
Land UseResidential
Legal DescriptionLOT 4 BLK 8 MIDLOTHIAN MEADOWS PH IV 0.207 AC
Census Tract060802
Assessed Land Value$90,000
Assessed Improvement Value$225,404
Assessment Year2025

About this property

Beautifully maintained 4-bedroom, 2-bath home in the established Midlothian Meadows community offering a flexible floor plan designed to fit a variety of lifestyles! One secondary bedroom is perfectly positioned to function as a private home office, playroom, or guest space. The formal dining area features stylish sliding barn doors, creating another versatile flex space ideal for a second living area, office, homeschool room, or workout space. The open-concept living and kitchen area offers abundant natural light, granite countertops, gas cooktop, farm sink, breakfast bar seating, and plenty of cabinet storage. Spacious primary suite includes separate shower, garden tub, and walk-in closet. Enjoy the oversized covered back patio, large backyard with a privacy fence, storage shed, mature trees, and side-entry garage. Conveniently located in Midlothian ISD with easy access to shopping, dining, and commuter routes. Flexible spaces, functional layout, and move-in ready charm make this one a must-see!

Investor Tools

Property Icon
$370,000
Estimated Property Value
$95,057Estimated Mortgage Balance
$274,943Estimated Equity
74% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,220 /month
Positive
Cash Flow Estimate:
$740 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$537/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,597
$315,404
2025
$90,000
$225,404
$315,404
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,597
$315,404

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Certified Funding Lp
Purchase Money Mortgage
$38,250
No
First
Jul 20, 2007
Jul 2022

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$95,057
$274,943
74%
26%
$875/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,020/mo
$875/mo
+$1,145/mo
6.6%

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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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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1631 Ross Dr | Property Details | No Agent List