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$633,000

NAL Estimated Property Value

2825 Shane Drive, Midlothian, TX, 76065

$682,532 ARVInfo
Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,257 Sq Ft
price_per_sqft$188.79 / 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
AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Gas Cooktop, Gas Oven, Microwave, Tankless Water Heater
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters
Lot Size7,405 sqft

Building Information

Year Built2022
Stories1
Roof Type105
Garage Spaces2

Land Information

APN54.9130.008.009.00.108
Lot Number9
SubdivisionThe Lakes Of Somercrest
Land UseResidential
Legal DescriptionLOT 9 BLK 8 THE LAKES OF SOMERCREST 0.17 AC
Census Tract060801
Assessed Land Value$115,002
Assessed Improvement Value$474,998
Assessment Year2025

About this property

Ask about lender incentives that may help reduce your closing costs! Experience elevated living in the highly sought-after gated community of Lakes of Somercrest with this stunning Perry Homes residence offering over 3,250 square feet of thoughtfully designed luxury. From the moment you enter, soaring 20-foot ceilings, expansive windows, and timeless architectural details create an inviting yet sophisticated atmosphere. Designed for both everyday comfort and effortless entertaining, the open-concept layout features a spacious family room, private game room, formal dining area, and dedicated home office. The chef-inspired kitchen showcases an oversized island, abundant cabinetry, Butler’s pantry, walk-in pantry, and seamless flow into the morning area and living spaces. The private primary suite offers a true retreat with dual vanities, a garden tub, separate glass-enclosed shower, and generous walk-in closets. Secondary bedrooms are thoughtfully positioned throughout the home, including a private guest suite ideal for multigenerational living or visitors. Additional highlights include a covered patio, 3-car garage, abundant natural light, and Perry Homes’ signature craftsmanship throughout. Ideally located in Midlothian with convenient access to shopping, dining, and commuter routes, this exceptional home blends luxury, functionality, and privacy within one of the area’s premier gated communities.

Investor Tools

Property Icon
$633,000
Estimated Property Value
$509,976Estimated Mortgage Balance
$123,024Estimated Equity
19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$682,531
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,798 /month
Positive
Cash Flow Estimate:
$1,266 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,029/month
$1,336/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,186
$590,000
2025
$115,002
$474,998
$590,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,186
$590,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cardinal Financial Company Lp
Fha
$540,593
Yes
First
May 26, 2023
Jun 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$509,976
$123,024
19%
81%
$3,242/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,630/mo
$4,578/mo
$-1,948/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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2825 Shane Drive | Property Details | No Agent List