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$400,000

NAL Estimated Property Value

309 Cole Ln, Midlothian, TX, 76065

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,534 Sq Ft
price_per_sqft$260.76 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave, Tankless Water Heater
FlooringCarpet, Wood

Exterior

Lot Size5,227 sqft

Building Information

Year Built2019
Stories1
Roof Type105
Garage Spaces2

Land Information

APN54.6411.001.013.00.108
Lot Number13
SubdivisionMidtowne Ph 7
Land UseResidential
Legal DescriptionLOT 13 BLK 1 MIDTOWNE PH 7 0.12 AC
Census Tract060801
Assessed Land Value$80,000
Assessed Improvement Value$333,528
Assessment Year2025

About this property

Open House 6-13 Cancelled l Welcome to MidTowne Midlothian! This charming Craftsman style home offers the perfect blend of character, comfort, and low maintenance living. Gently lived in and move-in ready, this energy efficient home features an open-concept design with beautiful wood flooring throughout the main living areas. The spacious kitchen boasts stainless steel appliances, a smooth-top range, abundant cabinet storage, a breakfast bar, and gas plumbing available for those who prefer cooking with a gas stove. The dining area features a cozy window seat, creating the perfect spot for morning coffee or casual dining. The split-bedroom floor plan provides privacy and functionality, while foam insulation and a tankless water heater help keep utility costs low. An enclosed breezeway offers flexible space that can serve as a hobby room, exercise area, home office, or additional storage. Situated on a manageable lot in a quaint neighborhood, you'll enjoy more time relaxing and less time maintaining your yard. Conveniently located near schools, shopping, dining, and major highways for an easy commute. Don't miss your opportunity to own this delightful home in one of Midlothian's most desirable communities!

Investor Tools

Property Icon
$400,000
Estimated Property Value
$261,398Estimated Mortgage Balance
$138,602Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,400 /month
Positive
Cash Flow Estimate:
$800 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$633/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,602
$398,221
2025
$80,000
$333,528
$413,528
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,602
$398,221

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loandepot.Com Llc
Conventional
$301,750
No
First
Sep 30, 2019
Nov 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$261,398
$138,602
34%
65%
$1,810/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,020/mo
$1,810/mo
+$210/mo
6.1%

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.

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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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309 Cole Ln | Property Details | No Agent List