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$948,000

NAL Estimated Property Value

2521 Springer Rd, Midlothian, TX, 76065

Off MarketInfo
Beds3 Beds
Baths5 Bath
Baths3,192 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$281.95 / sqft
Year BuiltBuilt in 1994

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Double Oven, Electric Cooktop, Electric Oven, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Lighting, Storage
Lot Size5 acres

Building Information

Year Built1994
Stories1
Roof Type105
Garage Spaces4

Land Information

APN99.0627.000.036.00.108
SubdivisionJ S Berry
Land UseResidential
Legal Description627 J P LAUGHLIN 5 ACRES
Census Tract060221
Assessed Land Value$250,000
Assessed Improvement Value$698,000
Assessment Year2025

About this property

Come spread out on 5 acres outside the city limits, but still be convenient to both Dallas & Fort Worth. Horses permitted. Nearly 3200 SF on one level with wheelchair accessibility. This home features very large bedrooms, all en-suite. Your outdoor oasis awaits you with a beach entry, diving pool & separate hot tub with pool bath & additional storage out back.Multiple covered patios. Large 3 car attached garage (36 x 30). The storage garage (40 x 50) has space for 4-6 additional vehicles & has water & electric. The 5-stall horse barn (60 x 30) is ready for your horses! Award winning Midlothian ISD.

Investor Tools

Property Icon
$948,000
Estimated Property Value
$651,029Estimated Mortgage Balance
$296,971Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,688 /month
Positive
Cash Flow Estimate:
$1,896 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,494/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,193
$948,000
2025
$250,000
$698,000
$948,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$13,193
$948,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First United Bank & Trust Co
Conventional
$705,000
No
First
Apr 12, 2022
May 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$651,029
$296,971
31%
69%
$4,227/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,020/mo
$4,227/mo
$-2,207/mo
2.6%

City: Midlothian

2521 Springer Rd | Property Details | No Agent List