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$475,000

3091 Fm 663, Midlothian, TX, 76065

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,798 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$264.18 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesNone

Exterior

Lot Size31,929 sqft

Building Information

Year Built1980
Stories2
Garage Spaces2

Land Information

APN00.8285.000.001.00.108
Lot Number1
SubdivisionSheri S Place
Land UseResidential
Legal DescriptionLOT 1 SHERI S PLACE .733 AC
Census Tract060802
Assessed Land Value$115,000
Assessed Improvement Value$197,616
Assessment Year2025

About this property

Exceptional redevelopment opportunity on a heavily treed three quarter acre parcel across the street from a large neighborhood & amazing community park. Zoned residential; ideal for buyers seeking a site for medical or dental offices, community services, or other adaptive uses. Buyer to confirm entitlements. Existing home is lived in, and the sale focuses on the land’s long-term value and development upside. Strong location for community-oriented uses, with visibility and spacious site planning possibilities. Reach out to the listing agent for zoning info and private showings. The buyer will make no repairs and the property is sold as is. Please do not attempt to access the property without an appointment made by the listing agent.

Investor Tools

$0Estimated Mortgage Balance
$344,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,850 /month
Positive
Cash Flow Estimate:
$950 /month

Interested in this property?

Jan Davis

Ebby Halliday, REALTORS

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$182/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$470
$242,188
2025
$115,000
$197,616
$312,616
Yes (2015)

Tax History

Year
Tax Paid
Assessed Value
2024
$470
$242,188

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$344,000
100%
0%
$0/mo

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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3091 Fm 663 | Property Details | No Agent List