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$499,999

246 Ashlawn Dr, Midlothian, TX, 76065

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,780 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$179.86 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Oven, Microwave
FlooringCarpet, Tile

Exterior

Exterior FeaturesFire Pit, Rain Gutters
Lot Size9,583 sqft

Building Information

Year Built2017
Stories1
Roof Type105
Garage Spaces2

Land Information

APN54.5876.009.004.00.108
Lot Number4
SubdivisionLawson Farms Ph 3 North
Land UseResidential
Legal DescriptionLOT 4 BLK 9 LAWSON FARMS PH 3 NORTH 0.22 AC
Census Tract060801
Assessed Land Value$110,000
Assessed Improvement Value$360,454
Assessment Year2025

About this property

Hard to find TRUE multi-generational floor plan by DR Horton! Home features a mother-in-law suite with its own kitchenette, living area, bathroom and walk in closet INCLUDING A WASHER-DRYER COMBO! Walkway from the driveway leads to the mother-in-law entrance, separate from main entrance OR, use the added space as a 4th bedroom with private living area, space for returning college kids, even a man cave - this home is multi-functional! Pretty open floor plan with tall ceilings, granite counters and kitchen island, office or media room area, covered patio, 3 car garage and many more amenities!!! Great flow throughout, wonderful spaces for entertaining. Next to City Park, Shopping, Dining, Hwy access and more! Buyer to verify accuracy of all information including room & lot sizes, schools, taxes, amenities, HOA, etc.

Investor Tools

Property Icon
$482,000
Estimated Property Value
$0Estimated Mortgage Balance
$482,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,000 /month
Positive
Cash Flow Estimate:
$1,000 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$698/month
$187/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,963
$470,454
2025
$110,000
$360,454
$470,454
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,963
$470,454

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$482,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,020/mo
$187/mo
+$1,833/mo
5.0%

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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246 Ashlawn Dr | Property Details | No Agent List