Last 24 Hours
$345,927
NAL Estimated Property Value2540 Onward Road, Midlothian, TX, 76065
Off Market
3 Beds
2 Bath
1,320 Sq Ft
$151.51 / sqft
Built in 1985Property Lead Type:
Off-Market ListHigh Equity
Highlights
Interior
Bedrooms 3
Bathrooms Full 1
Indoor Fireplace
Garage Available
Heating Central
CoolingAppliancesElectric Cooktop
FlooringCeramic Tile, Laminate, Vinyl
Exterior
Exterior FeaturesFire Pit, Other, Private Yard, Storage, Garden, Kennel
Lot Size2 acres
Building Information
Year Built1985
Stories1
Garage Spaces4
Land Information
APN54.0663.000.018.01.108
SubdivisionK L Lowenstein
Land UseResidential
Legal Description663 K L LOWENSTEIN LOCKED GATE2 ACRES
Census Tract060702
Assessed Land Value$198,000
Assessed Improvement Value$162,000
Assessment Year2025
About this property
Multiple offers, highest and best due by noon Sat Mar 6th. $199,990 IS NO TYPO, best bang for buck in Midlothian ISD for under $200k!! This custom beauty on 2 ACRES will have you before you drive through the automatic gate! The cathedral like vaulted ceiling combined with custom shelving in the living is a dream come true! The Massive Master should have its own zip code with a closet so big, it has a separate entrance...from outside! Park 2 cars, bass boat and your ATV in the ENORMOUS garage. The enclosed back patio screams relaxation. Great play from an investor's perspective as well. A lot of ways to win with this one!
Investor Tools
$345,927
Estimated Property Value
$169,711Estimated Mortgage Balance
$176,216Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,076 /month
Positive
Cash Flow Estimate:
$692 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$512/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,414
$345,927
2025
$198,000
$162,000
$360,000
No
Tax History
Year
Tax Paid
Assessed Value
2024
$4,414
$345,927
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Bank Financial
Conventional
$188,000
No
First
Apr 22, 2021
May 2036
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$169,711
$176,216
50%
49%
$1,128/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,020/mo
$1,128/mo
+$892/mo
7.0%
12.4%