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$1,061,418

4021 Tea Olive Trail, Midlothian, TX, 76065

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,820 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$274.84 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 4Bathrooms 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
AppliancesDishwasher, Disposal, Gas Cooktop, Microwave, Double Oven
FlooringCeramic Tile, Hardwood

Exterior

Lot Size33,977 sqft

Building Information

Year Built2024
Stories1
Roof Type105
Garage Spaces4

Land Information

APN54.2300.001.049.00.108
Lot Number49
SubdivisionAzalea Hollow Addn
Land UseResidential
Legal DescriptionLOT 49 BLK 1 AZALEA HOLLOW ADDN 0.78 AC
Census Tract060702
Assessed Land Value$150,000
Assessed Improvement Value$911,418
Assessment Year2025

About this property

Outstanding 4 bedrooms-4 full bathrooms -4 car garage, with a study and game room. From the 8' Iron front door and throughout, no detail has been missed. Show stopper lighting, elegant tile work, beautiful floors, an abundance of specialty cabinetry and extra storage. Double islands and double ovens, KitchenAid appliances with Sharp microwave drawer, 14' ceilings with wood beams in the Living Room, Groin vault ceiling in study, Dutch vault ceiling in primary, 14' ceiling in secondary bedroom, sleek hardware throughout, double sized shower in primary and a free standing tub, huge primary closet, garage floor finished with epoxy with flakes, and a Texas sized back porch. This house is scheduled to be completed in April 2025.

Investor Tools

Property Icon
$1,061,418
Estimated Property Value
$0Estimated Mortgage Balance
$375,946Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,369 /month
Positive
Cash Flow Estimate:
$2,123 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$694/month
$1,000/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,027
$1,061,418
2025
$150,000
$911,418
$1,061,418
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,027
$1,061,418

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$699,900
No
First
Mar 27, 2025
Apr 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$685,472
$375,946
35%
65%
$4,197/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.

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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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