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$5,467,000

3748 Old Fort Worth Rd, Midlothian, TX, 76065

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,976 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1,837.03 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Built-In Refrigerator, Dishwasher, Disposal, Electric Range, Electric Water Heater, Microwave
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Lot Size19.88 acres

Building Information

Year Built1980
Stories1
Garage Spaces5

Land Information

APN99.0192.000.002.00.108
SubdivisionJ Chamlee
Land UseResidential
Legal Description192 J CHAMBLEE 19.88 ACRES
Census Tract060803
Assessment Year2025

About this property

Space, privacy, and real development upside: a 2,326 sq ft, 3-bed, 2-bath brick home on 19.88 flat, cleared acres in sought-after Midlothian ISD, directly across from the new Westside Preserve neighborhood. Inside, an oversized owner's suite with mirrored his-and-her closets and a huge master bath, a large eat-in kitchen with granite, large built in fridge, stainless appliances, high-end cabinetry and a huge pantry, two dining areas (one ideal as a home office), a wood-burning fireplace, high quality wood-paneled living room, massive laundry room with sink, granite counter and built-in cabinets, and an oversized garage. See floor plan in photos for the full layout. A few updates are still underway and ready for your final touches. This property is outside city limits with no zoning, so the options stay wide open: residential DEVELOPTMENT, COMMERCIAL or mixed-use, or a PRIVATE ESTATE with room for animals and toys. It’s on a well with replaced septic, co-op water available. (City water, sewer and fiber service Westside Preserve just across the street.) An INCOME PRODUCING cell-tower lease conveys at $1,100 per month. In booming Midlothian, the real value is in the land and location, so you can purchase to develop, build a business, or live in it now and hold for what's coming. ***An adjacent 5 MORE ACRES at 3704 Old Fort Worth Rd is available separately; the two parcels pair naturally (shared frontage and a common back line) but each is available independently, with neither sale contingent on the other. (See MLS #21314696) ***SUPER LOW TAXES!! Only 1.4428% (including Ellis Co ESD #2 & Lateral Road). ***SHOWN BY APPOINTMENT ONLY. NO TRESSPASSING; do not enter or disturb occupants. (Virtual tour available online!)

Investor Tools

Property Icon
$769,283
Estimated Property Value
$80,000Estimated Mortgage Balance
$706,426Estimated Equity
90% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$32,802 /month
Positive
Cash Flow Estimate:
$10,934 /month

Interested in this property?

Susan Dewbrew

Dewbrew Realty, Inc

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,256/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$769,283
2025
N/A
N/A
$985,185
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$769,283

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gateway First Bank
Arm (Adjustable Rate Mortgage)
$80,000
No
First
May 8, 2015
Feb 2045

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$62,857
$706,426
91%
8%
$428/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,020/mo
$428/mo
+$1,592/mo
3.2%

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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3748 Old Fort Worth Rd | Property Details | No Agent List