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$420,000

3901 Midway Dr, Temple, TX, 76502

On MarketInfo
Beds3 Beds
Baths3 Bath
Baths3,083 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$136.23 / sqft
Year BuiltBuilt in 1948

Property Lead Type:

Absentee OwnerHigh EquityVacant Homes

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Disposal, Range Hood
FlooringCarpet, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Storage
Lot Size1.56 acres

Building Information

Year Built1948
Roof Type105
Garage Spaces5

Land Information

APN101109
SubdivisionSouthern Oaks
Land UseResidential
Legal DescriptionSOUTHERN OAKS, BLOCK 001, LOT 30-33, ACRES 1.562
Census Tract021203
Assessed Land Value$65,849
Assessed Improvement Value$340,977
Assessment Year2025

About this property

Exceptional opportunity in a high-visibility corridor! Situated on a sprawling 1.56-acre lot, this versatile property at 3901 Midway Road offers a rare combination of space, flexibility, and future potential. With approximately 3,083 square feet on the main level, the home provides a solid footprint ready for customization whether you envision expanding, remodeling, or reconfiguring to suit your needs. A standout feature is the 1400+ square-foot basement apartment with its own private entrance, offering potential for income-producing use, multigenerational living, or private guest quarters. This added flexibility enhances both functionality and long-term value. Positioned along Midway Drive with estimated traffic counts of 7,000–10,000 vehicles per day, the property benefits from strong daily exposure ideal for those considering a live/work setup or future business use. A potential zoning change to R2 (residential services) opens the door to a variety of commercial-residential hybrid opportunities (buyer to verify), including office, service-based, or other income-generating uses. The expansive lot provides ample room for additional structures, parking, or outdoor enhancements, making it a prime candidate for further development or redevelopment. Whether you're an investor, business owner, or homeowner seeking space and flexibility, this property delivers unmatched potential in a growing Temple location. Don’t miss the chance to capitalize on acreage, visibility, and versatility all in one unique offering.

Investor Tools

$0Estimated Mortgage Balance
$406,826Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,520 /month
Positive
Cash Flow Estimate:
$840 /month

Interested in this property?

William Alan Hardin

TEN42 Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$937/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,211
$406,826
2025
$65,849
$340,977
$406,826
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,211
$406,826

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$406,826
100%
0%
$0/mo

City: Temple

3901 Midway Dr | Property Details | No Agent List