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$599,000

402 Salt Cedar Dr, Midlothian, TX, 76065

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,967 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$151 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal

Exterior

Lot Size9,627 sqft

Building Information

Year Built2017
Stories2
Roof Type105
Garage Spaces2

Land Information

APN54.8500.004.012.00.108
Lot Number12
SubdivisionThe Grove Ph 1
Land UseResidential
Legal DescriptionLOT 12 BLK 4 THE GROVE PH 1 .221 AC
Census Tract060702
Assessed Land Value$121,000
Assessed Improvement Value$451,546
Assessment Year2025

About this property

Step into style and sophistication with this stunning home that looks like it was pulled straight from the pages of a design magazine. Upon arrival, you'll be charmed by the landscaped front yard filled with colorful flowers and plants that create curb appeal year-round. Inside, every detail has been thoughtfully curated with decorator finishes throughout, Venetian shutters on every window, high-end light fixtures, designer wallpaper, custom window treatments, and stylish hardware that elevate each space with a modern yet timeless feel. The open-concept kitchen is flooded with natural light and features sleek finishes, ample cabinet space, and a layout that flows seamlessly into the living and dining areas, perfect for entertaining or everyday living. Soaring ceilings enhance the sense of space and light, while neutral paint tones and bold accent walls strike the perfect balance of warmth and flair. This home radiates personality and polish, offering both functionality and luxury. The spacious patio is a serene retreat with custom stonework, dual ceiling fans, and plenty of room to relax or entertain under the covered shade. Upstairs, a versatile flex space offers endless potential for a game room, home office, or lounge, while the dedicated media room sets the stage for cinematic experiences and elevated entertaining. Enjoy morning coffee or evening strolls at the beautifully maintained park and playground just across the street—no driving needed, just step outside and you’re there! The location is a dream, nestled in a quiet, friendly neighborhood zoned to some of the area’s most highly rated schools. Whether you're drawn to the designer aesthetic, the unbeatable location, or the thoughtful upgrades, this home truly has it all. Custom Christmas decor included.

Investor Tools

Property Icon
$572,546
Estimated Property Value
$564,585Estimated Mortgage Balance
$12,882Estimated Equity
1% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,594 /month
Positive
Cash Flow Estimate:
$1,198 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$965/month
$450/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,716
$572,546
2025
$121,000
$451,546
$572,546
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,716
$572,546

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Geo-Corp Inc
Fha
$564,585
Yes
First
Nov 26, 2025
Dec 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$559,664
$12,882
2%
98%
$3,385/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,020/mo
$3,835/mo
$-1,815/mo
4.2%

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.

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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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