$327,000
NAL Estimated Property Value306 Blake Lane, Midlothian, TX, 76065
Off Market
Property Lead Type:
Off-Market ListHigh Equity
Highlights
Interior
AppliancesDishwasher, Electric Range, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator
Exterior
Lot Size5,227 sqft
Building Information
Year Built2005
Stories1
Roof Type105
Garage Spaces2
Land Information
APN54.9047.902.013.00.108
Lot Number13
SubdivisionThe Villas At The Meadows
Land UseResidential
Legal DescriptionLOT 13 BLK B THE VILLAS AT THE MEADOWS .12 AC
Census Tract060802
Assessed Land Value$80,000
Assessed Improvement Value$229,794
Assessment Year2025
About this property
Meticulously well-maintained home. Two Bed, Two Bath, Two Car Garage. Appliances convey with purchase. Hot Tub Conveys with purchase. No HOA New Fence and Property updated in 2017. Midlothian ISD!!! Call agent for showing.
Investor Tools
$327,000
Estimated Property Value
$254,063Estimated Mortgage Balance
$72,937Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,025 /month
Positive
Cash Flow Estimate:
$675 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$511/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,503
$309,794
2025
$80,000
$229,794
$309,794
No
Tax History
Year
Tax Paid
Assessed Value
2024
$4,503
$309,794
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guild Mortgage Co
Fha
$266,585
Yes
First
Oct 25, 2023
Nov 2053
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$254,063
$72,937
22%
78%
$1,599/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,020/mo
$1,599/mo
+$421/mo
7.4%
