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$611,610

2825 Shane Drive, Midlothian, TX, 76065

$700,533 ARVInfo
On MarketInfo
Just AddedInfo
Beds4 Beds
Baths4 Bath
Baths3,306 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$185 / 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, Disposal, Gas Oven, Microwave, Vented Exhaust Fan
FlooringCarpet, Tile

Exterior

Exterior FeaturesRain Gutters, Private Yard
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

Experience breathtaking views and effortless one-story living in this stunning home at The Lakes at Summer Crest, a gated community conveniently located near highly rated schools. Soaring 22-foot floor-to-ceiling windows overlook a picturesque, pine-filled pasture complete with horses, creating a truly serene backdrop. The elongated entry opens to a private home office with French doors and an elegant formal dining room. The spacious, open-concept family room flows seamlessly into a large kitchen featuring a coffee bar and oversized walk-in pantry. A game room is thoughtfully positioned off the morning area, offering a versatile space for entertaining or relaxing. The luxurious primary suite features dual vanities, a freestanding garden tub, separate glass-enclosed shower, and two walk-in closets. A generously sized guest room includes its own private ensuite bath. Below market financing may also be available!

Investor Tools

$508,211Estimated Mortgage Balance
$105,789Estimated Equity
17% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$700,532
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,684 /month
Positive
Cash Flow Estimate:
$1,228 /month

Interested in this property?

Jeff Robillard

Newfound Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,021/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
$508,211
$105,789
17%
83%
$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
5.1%

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