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$439,990

3205 Meadow Ridge Dr, Midlothian, TX, 76065

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,268 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$194 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal
FlooringCarpet, Tile, Wood, Vinyl

Exterior

Exterior FeaturesRain Gutters, Lighting, Private Yard
Lot Size12,184 sqft

Building Information

Year Built2016
Stories1
Roof Type105
Garage Spaces3

Land Information

APN54.5879.014.013.00.108
Lot Number13
SubdivisionLawson Farms Ph 1
Land UseResidential
Legal DescriptionLOT 13 BLK 14 LAWSON FARMS PH 1 .2797 AC
Census Tract060801
Assessed Land Value$110,000
Assessed Improvement Value$319,427
Assessment Year2025

About this property

Built in 2016 and loaded with amenities, this 4-bedroom custom home in Midlothian offers a functional layout and an outdoor setup that’s hard to beat. Inside, you’ll find an open floor plan designed for both everyday living and entertaining, along with a formal dining area and a versatile flex space that can serve as an office, playroom, workout room, or second living area. Step outside to a backyard built for gathering, complete with an outdoor kitchen and fire pit perfect for relaxing evenings or hosting friends and family. Located within steps of the large community pool, this neighborhood also offers an impressive list of amenities including a fishing pond, tennis courts, pickleball courts, volleyball court, basketball court, and scenic walking and jogging trails. A great combination of space, functionality, and community amenities in one of Midlothian’s sought-after neighborhoods. **Solar panels are paid off.**

Investor Tools

Property Icon
$440,000
Estimated Property Value
$337,500Estimated Mortgage Balance
$128,337Estimated Equity
23% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,640 /month
Positive
Cash Flow Estimate:
$880 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$729/month
$465/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,546
$429,427
2025
$110,000
$319,427
$429,427
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,546
$429,427

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cornerstone Home Lending Inc
Conventional
$337,500
No
First
Jun 3, 2022
Jul 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$312,234
$133,766
29%
71%
$2,024/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,630/mo
$2,489/mo
+$141/mo
7.2%

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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