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$590,000

2641 Skinner Rd, Midlothian, TX, 76065

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,622 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$181.16 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal
FlooringCarpet

Exterior

Lot Size1.00 acres

Building Information

Year Built2000
Stories1
Roof Type105
Garage Spaces2

Land Information

APN54.8106.000.017.00.108
Lot Number17
SubdivisionSaddle Back Creek Ph I
Land UseResidential
Legal DescriptionLOT 17 BLK A SADDLE BACK CREEK PH I 1.002 AC
Census Tract060801
Assessed Land Value$159,500
Assessed Improvement Value$327,135
Assessment Year2025

About this property

This fabulous 4 bedroom, 3 bathroom home sits beautifully on over an acre WITH NO HOA! The possibilities are endless! Bring your project cars, there is a double gate near the back of the property for extra access. Outdoor shed. Home is currently being completely remodeled! New paint, floors & fixtures! As you enter, you are greeted by both formal areas. The entry opens to the formal living with fireplace & 2 large windows overlooking the gigantic backyard. The formal dining is to your right & also open, connecting to the kitchen. Kitchen boasts white cabinets with stainless steel appliances & a bar in front of the sink, overlooking the den. Bedrooms are conveniently split from the 4th bedroom on the other end of the home. There is 1 bedroom, 1 bathroom and the laundry area located near the garage- perfect for in-laws or guests! Enjoy some sweet tea as you relax under the covered patio overlooking a backyard full of endless potential! Build a shop, man cave, she shed, guest quarters.

Investor Tools

Property Icon
$590,000
Estimated Property Value
$350,250Estimated Mortgage Balance
$256,761Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,540 /month
Positive
Cash Flow Estimate:
$1,180 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,048/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,624
$486,635
2025
$159,500
$327,135
$486,635
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,624
$486,635

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$350,250
No
First
Sep 14, 2023
Oct 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$333,239
$256,761
43%
56%
$2,100/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,630/mo
$2,100/mo
+$530/mo
5.3%

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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2641 Skinner Rd | Property Details | No Agent List