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$1,375,000

3704 Old Fort Worth Rd, Midlothian, TX, 76065

On MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,301 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$597.57 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Range

Exterior

Lot Size5 acres

Building Information

Year Built1981
Stories2
Garage Spaces3

Land Information

APN99.0192.000.042.00.108
SubdivisionJ Chamlee
Land UseResidential
Legal Description192 J CHAMBLEE 5 ACRES
Census Tract060803
Assessed Land Value$250,000
Assessed Improvement Value$204,486
Assessment Year2025

About this property

LOOKING FOR OPPORTUNITY in booming MIDLOTHIAN, one of the fastest-growing corridors in North Texas? This 5-acre tract is mostly cleared, with some beautiful trees, and it's in the direct path of growth, directly across from the new homes of the WESTSIDE PRESERVE master-planned community. -- Outside city limits with no zoning currently in place, the options stay wide open: residential DEVELOPMENT, COMMERCIAL or mixed-use, or a small PRIVATE ESTATE with room for animals and toys. Commercial uses are already established down the street, US-287 is close, and city water, sewer, and fiber run just across the road at Westside Preserve. ***This fabulous find is even stronger when paired with the separately owned 19.88 ACRES next door at 3748 Old Fort Worth Rd. (See MLS #21314574) Neither sale is contingent on the sale of the other. The two parcels pair naturally with shared road frontage and a common back line. These two properties provide a rare chance to assemble roughly 25 ACRES right where Midlothian is booming. (See aerial photos.) A new middle school is going in nearby and an elementary sits about two miles away. ***Priced for its land and path-of-growth location.*** The home has some really nice touches already in place, including granite and plantation shutters, with room to make it your own through repairs and updating. HVAC and roof are about 5 years old. 4th bedroom is small and located up by the loft. Everything else is on the 1st floor. ***SUPER LOW TAXES!! Only 1.4428% (including Ellis Co ESD #2 & Lateral Road). ***SHOWN BY APPOINTMENT ONLY. NO TRESPASSING; do not enter or disturb occupants.

Investor Tools

Property Icon
$497,000
Estimated Property Value
$181,827Estimated Mortgage Balance
$356,510Estimated Equity
63% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,250 /month
Positive
Cash Flow Estimate:
$2,750 /month

Interested in this property?

Susan Dewbrew

Dewbrew Realty, Inc

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$805/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,174
$454,486
2025
$250,000
$204,486
$454,486
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,174
$454,486

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Blue Sky Funding Llc
Va
$181,827
Yes
First
Nov 3, 2015
Dec 2045

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$140,490
$356,510
71%
28%
$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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3704 Old Fort Worth Rd | Property Details | No Agent List