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$430,000

405 Lake Park Drive, Midlothian, TX, 76065

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,022 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$212.66 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Off-Market ListHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave

Exterior

Lot Size9,583 sqft

Building Information

Year Built2018
Stories1
Roof Type105
Garage Spaces2

Land Information

APN54.5877.017.014.00.108
Lot Number14
SubdivisionLawson Farms Ph 2a
Land UseResidential
Legal DescriptionLOT 14 BLK 17 LAWSON FARMS PH 2A .22 AC
Census Tract060801
Assessed Land Value$110,000
Assessed Improvement Value$292,469
Assessment Year2025

About this property

STUNNING GLACIER HOME IN THE LAWSON FARMS COMMUNITY OF MIDLOTHIAN, TX. This prestigious builder left no detail untouched, featuring real HARDWOOD FLOORS, modern fixtures, and elegant finishes. Modern kitchen, open layout, split primary and secondary bedrooms. High ceilings, natural light, and energy efficient features. Covered front and back patios! EXTENDED GARAGE for ample storage. Study overlooks picturesque, majestic trees and serene pond. This residence is in a prime location, nestled across from the stocked FISHING POND and paved walking or biking trail. Walk to the impressive, accessible community park and splash pad, sports fields, tennis and sand volleyball courts, and community events hosted by the City of Midlothian. Trail connects to the city's newest outdoor recreation area, Lakegrove Park, with natural habitats, and boardwalk! Enjoy the welcoming community pool on summer days! Distinguished Midlothian ISD! Meer minutes to grocery, restaurants and retail, and easy access to US 287. Schedule a showing today!

Investor Tools

Property Icon
$417,000
Estimated Property Value
$0Estimated Mortgage Balance
$417,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,580 /month
Positive
Cash Flow Estimate:
$860 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$658/month
$195/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,813
$402,469
2025
$110,000
$292,469
$402,469
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,813
$402,469

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$417,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,020/mo
$195/mo
+$1,825/mo
5.8%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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405 Lake Park Drive | Property Details | No Agent List