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$509,000

NAL Estimated Property Value

233 Belmont Drive, Midlothian, TX, 76065

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,294 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$159.38 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan, Electric Water Heater
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters, Lighting
Lot Size8,999 sqft

Building Information

Year Built2016
Stories2
Roof Type105
Garage Spaces2

Land Information

APN54.5879.010.041.00.108
Lot Number41
SubdivisionLawson Farms Ph 1
Land UseResidential
Legal DescriptionLOT 41 BLK 10 LAWSON FARMS PH 1 .2066 AC
Census Tract060801
Assessed Land Value$110,000
Assessed Improvement Value$389,544
Assessment Year2025

About this property

Home was previously the DR Horton model home in Lawson Farms. Upgrades include 3 car garage with epoxy coated floors, insulated walls and HVAC!, amazing landscaping, smart home wiring, granite kitchen counter tops, wood flooring, fantastic custom outdoor living area with pergola and much more! This amazing floor plan boasts soaring ceilings, 4 bedrooms, two of which are on the first floor!, 3 full bathrooms, game room, media room, study, huge closets and robust pantry. Smart home wiring, so lights, locks, cameras, thermostat, etc can be controlled from the touch of a button. Home sits across from the community pool, walking trails, open park area, and has convenient access to city parks, grocery, hwy etc.

Investor Tools

Property Icon
$509,000
Estimated Property Value
$429,325Estimated Mortgage Balance
$79,675Estimated Equity
15% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,150 /month
Positive
Cash Flow Estimate:
$1,050 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$690/month
$192/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,737
$499,544
2025
$110,000
$389,544
$499,544
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,737
$499,544

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Purchase Money Mortgage
$467,500
No
First
Jan 27, 2022
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$429,325
$79,675
15%
84%
$2,803/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,630/mo
$2,995/mo
$-365/mo
6.2%

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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233 Belmont Drive | Property Details | No Agent List