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$578,500

2434 Sibley Drive, Midlothian, TX, 76065

$593,283 ARVInfo
On MarketInfo
Just AddedInfo
Beds4 Beds
Baths4 Bath
Baths2,944 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$196.5 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3.5Bathrooms Full 3.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
AppliancesDishwasher, Disposal, Gas Cooktop, Gas Oven, Gas Range, Microwave, Tankless Water Heater
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters, Private Yard, Other
Lot Size7,405 sqft

Building Information

Year Built2022
Stories1
Roof Type105
Garage Spaces2

Land Information

APN54.9130.008.003.00.108
Lot Number3
SubdivisionThe Lakes Of Somercrest
Land UseResidential
Legal DescriptionLOT 3 BLK 8 THE LAKES OF SOMERCREST 0.17 AC
Census Tract060801
Assessed Land Value$115,002
Assessed Improvement Value$449,998
Assessment Year2025

About this property

Seller Concession available This stunning 4-bedroom, 3.5-bath Perry Home with a private office was designed to impress from the moment you walk in. A grand entry with soaring 12-foot ceilings sets the tone for the elegance throughout. The open-concept living area features a cozy gas fireplace and flows seamlessly into the oversized chef’s kitchen—perfect for entertaining—with stainless steel appliances, a gas cooktop, and generous counter space Enjoy a dedicated man cave with a custom backdrop, modern electric fireplace in the den, and custom shutters that give the home a polished, move-in-ready finish. A private mother-in-law suite with a full bath and closet offers flexibility for guests or multi-generational living. The spacious primary suite is a peaceful retreat with 13-foot ceilings and abundant natural light. The luxurious en-suite bath includes a soaking tub, double vanities, upgraded cabinetry and hardware, and expansive his-and-her closets. Secondary bedrooms are generously sized with a convenient Jack-and-Jill bath. Even the oversized laundry room delivers style and space. Located in one of Midlothian’s most desirable communities, this exquisite home checks every box.

Investor Tools

$513,445Estimated Mortgage Balance
$70,555Estimated Equity
12% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$593,282
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,504 /month
Positive
Cash Flow Estimate:
$1,168 /month

Interested in this property?

Joshua Parker

Morine Empire Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$970/month
$1,950/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,725
$565,000
2025
$115,002
$449,998
$565,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,725
$565,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Plains Commerce Bank
Conventional
$551,000
No
First
Dec 28, 2022
Jan 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$513,445
$70,555
12%
88%
$3,304/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,630/mo
$5,254/mo
$-2,624/mo
5.4%

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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2434 Sibley Drive | Property Details | No Agent List