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$635,000

NAL Estimated Property Value

3040 Ledgestone Ln, Midlothian, TX, 76065

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,338 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$256.63 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
AppliancesDisposal, Electric Cooktop, Electric Oven, Microwave
FlooringCeramic Tile, Concrete, Hardwood

Exterior

Exterior FeaturesRain Gutters, Lighting
Lot Size2.50 acres

Building Information

Year Built2021
Stories2
Roof Type105
Garage Spaces2

Land Information

APN54.7129.001.001.00.108
Lot Number1
SubdivisionOld Barn Addn
Land UseResidential
Legal DescriptionLOT 1 BLK 1 OLD BARN ADDN 2.502 AC
Census Tract060801
Assessed Land Value$217,000
Assessed Improvement Value$375,129
Assessment Year2025

About this property

NOT in a SUBDIVISION! NO HOA!!! This is NOT just your LOT AND BLOCK HOME. PRIVACY, LANDSCAPED, & PLENTY OF TREES all while being conveniently located in the heart of Midlothian. As you walk in you see the STAINED CONCRETE that flows through the 1st floor. The OPEN FLOOR PLAN allows you to see through the kitchen all the way to the back of the house that overlooks a SECLUDED BACK PATIO THAT IS SURROUNDED BY TREES FOR PRIVACY. The kitchen features CUSTOM PAINTED cabinets, covered in white GRANITE countertops, CUSTOM accent VENT HOOD; also, features a pot filler situated between the vent hood and ELECTRIC COOKTOP. Upstairs is a teenagers dream. Built for their kid, the upstairs acts almost as a second master, large bedroom, ensuite bathroom, and walk in close all in one. This home comes with 4 bedrooms 3 full bathrooms 2 car garage spread out over 2.5 acres of heavily treed land. You can't even see the house from the street or any neighbors when you are on the property.

Investor Tools

Property Icon
$635,000
Estimated Property Value
$192,813Estimated Mortgage Balance
$635,000Estimated Equity
69% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,810 /month
Positive
Cash Flow Estimate:
$1,270 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$939/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,091
$592,129
2025
$217,000
$375,129
$592,129
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,091
$592,129

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$200,000
No
First
May 28, 2024
Jun 2039

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$192,813
$442,187
69%
30%
$1,200/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,630/mo
$1,200/mo
+$1,430/mo
5.0%

City: Midlothian

3040 Ledgestone Ln | Property Details | No Agent List