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B+
NoAgentList RatingHow are grades calculated? Info

$299,900

2 Atlantic Avenue, Midlothian, TX, 76065

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,895 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$158.26 / sqft
Year BuiltBuilt in 1995

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

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

Exterior

Exterior FeaturesStorage
Lot Size8,189 sqft

Building Information

Year Built1995
Stories1
Roof Type105
Garage Spaces2

Land Information

APN54.7356.004.009.00.108
SubdivisionPark Place East Ph Ii
Land UseResidential
Legal Description9 4 PARK PLACE EAST PH II
Census Tract060220
Assessed Land Value$88,000
Assessed Improvement Value$252,000
Assessment Year2025

About this property

Offer has been accepted. Seller will entertain a back up offer. This home has so much to offer! The kitchen is a Chef's dream! Knotty Alder cabinets, copper farmhouse sink, bronze faucets, tumbled marble backsplash, granite counter tops and Kitchenaid appliances. Remodeled tile shower in the master bath, double sink and separate tub. Very open and inviting living area with wood burning fireplace. Back porch is screened in. Workshop has electric with ceiling fan and window unit! Let your imagination take you where it wants with the extra space! Oversized garage with tiled floor. Please see offer instructions in Transaction desk. Info is deemed reliable but agent and buyer should verify.

Investor Tools

Property Icon
$340,000
Estimated Property Value
$0Estimated Mortgage Balance
$103,842Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,040 /month
Positive
Cash Flow Estimate:
$680 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$565/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,081
$340,000
2025
$88,000
$252,000
$340,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,081
$340,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$259,100
No
First
Sep 20, 2021
Jan 2037

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$236,158
$103,842
30%
69%
$1,554/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,020/mo
$1,554/mo
+$466/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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2 Atlantic Avenue | Property Details | No Agent List