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Days54Days on Market
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$439,000

340 Freestall Dr, Midlothian, TX, 76065

On MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,178 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$201.56 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
AppliancesGas Cooktop, Microwave
FlooringCarpet, Ceramic Tile

Exterior

Lot Size6,247 sqft

Building Information

Year Built2023
Stories1
Roof Type105
Garage Spaces2

Land Information

APN54.7745.005.010.00.108
Lot Number10
SubdivisionRedden Farms Ph 1a
Land UseReal Res Single-Family Imp
Legal DescriptionLOT 10 BLK 5 REDDEN FARMS PH 1A 0.1434 AC
Census Tract060702
Assessed Land Value$80,000
Assessed Improvement Value$317,169
Assessment Year2025

About this property

Welcome to Redden Farms in Midlothian—where style, space, and flexibility come together beautifully. This 4-bedroom, 2-bath home offers a layout that truly works for today’s lifestyle, with main areas that are open and inviting, seamlessly connecting the living and dining spaces for easy everyday living and entertaining. The main areas showcase gorgeous wood-look tile flooring, combining the warmth of hardwood with easy maintenance—perfect for busy households. The kitchen flows effortlessly into the living space, creating a natural gathering place for family and friends. A bonus flex space adds just the right amount of versatility—ideal for a home office, playroom, or cozy second living area. The split-bedroom design offers added privacy, while the primary suite provides a relaxing retreat at the end of the day. Located in the Redden Farms community near downtown Midlothian, you’ll enjoy easy access to local shopping, dining, and everyday conveniences. ? Flexible space, open and inviting layout, and a location you’ll love—this one checks all the boxes.

Investor Tools

Property Icon
$436,000
Estimated Property Value
$390,386Estimated Mortgage Balance
$62,710Estimated Equity
10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,634 /month
Positive
Cash Flow Estimate:
$878 /month

Interested in this property?

Leslie Crittenden

CENTURY 21 Judge Fite Co.

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$959/month
$750/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,329
$397,169
2025
$80,000
$317,169
$397,169
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,329
$397,169

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Republic State Mortgage Co
Fha
$390,386
Yes
First
Jan 12, 2024
Feb 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$373,290
$62,710
14%
86%
$2,341/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,630/mo
$3,091/mo
$-461/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.

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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