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$439,900

3251 Oak Tree Lane, Midlothian, TX, 76065

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,948 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$149.22 / sqft
Year BuiltBuilt in 1989

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Double Oven, Electric Cooktop, Electric Oven, Microwave, Plumbed For Ice Maker, Electric Water Heater
FlooringCarpet, Ceramic Tile, Laminate, Wood

Exterior

Exterior FeaturesLighting, Storage
Lot Size1 acre

Building Information

Year Built1989
Stories1
Roof Type105
Garage Spaces5

Land Information

APN54.5845.003.026.00.108
SubdivisionLakegrove Rev
Land UseResidential
Legal Description26 3 LAKEGROVE REV 1 ACRES
Census Tract060801
Assessed Land Value$159,500
Assessed Improvement Value$253,990
Assessment Year2025

About this property

You won't believe the space in this thoughtfully laid out floor plan nestled on a 1 acre lot. Boasting 3 bedrooms 2.5 baths, home office and sun room in 2948 sf plus a 3 car oversized garage. All rooms are generous in size each with its own unique appointments. Many rooms have ceiling fans and 3 inch blinds. There are tons of builtins and storage throughout the entire home. The sun room has skylights and additional pantry storage. The kitchen even has a You'll love the utility room with sink and built ins. The utility area has built in cabinets, iron station a sink and room for a full size washer dryer area The HOA is active and has regular events on their private lake. The garages are full. unable to measure.

Investor Tools

Property Icon
$587,000
Estimated Property Value
$0Estimated Mortgage Balance
$195,621Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,522 /month
Positive
Cash Flow Estimate:
$1,174 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$946/month
$200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,423
$413,490
2025
$159,500
$253,990
$413,490
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,423
$413,490

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Crosscountry Mortgage Llc
Conventional
$429,400
No
First
Sep 16, 2021
Oct 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$391,379
$195,621
33%
67%
$2,575/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,630/mo
$2,775/mo
$-145/mo
5.4%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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3251 Oak Tree Lane | Property Details | No Agent List