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$392,000

NAL Estimated Property Value

418 Rockaway Dr, Midlothian, TX, 76065

Off MarketInfo
LeaseInfo
Beds3 Beds
Baths2 Bath
Baths2,132 Sq Ft
price_per_sqft$1.25 / sqft
Year BuiltBuilt in 2017

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater, Microwave
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters, Lighting
Lot Size7,405 sqft

Building Information

Year Built2017
Stories1
Roof Type105
Garage Spaces2

Land Information

APN54.5876.003.013.00.108
Lot Number13
SubdivisionLawson Farms Ph 3 North
Land UseResidential
Legal DescriptionLOT 13 BLK 3 LAWSON FARMS PH 3 NORTH .17 AC
Census Tract060801
Assessed Land Value$100,000
Assessed Improvement Value$285,000
Assessment Year2025

About this property

Beautiful 3 bed, 2 bath home in Lawson Farms FOR LEASE! Home has a split floorplan and a bonus room that can be used as a game room, den or office. Living room is open to the kitchen and dining area. Kitchen has granite counters, SS microwave and SS electric range. Fireplace is a custom stone bio ethanol fireplace, and owner has supplied multiple bottles of fuel! Community has a neighborhood park, pool and walking trails. HOA is firm on rules so they must be followed. Floors are engineered wood, carpet and ceramic tile. Fridge, washer and dryer are NOT included. 2 car garage with opener. NO PETS ALLOWED. Full background check run so all applicants must have SS numbers. No evictions. No serious recent criminal history. Combined gross income must be 3x the rent. No pools or trampolines allowed. Must obtain and maintain renters insurance. Managed by Property Manager who is listing agent.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$660/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,965
$385,000
2025
$100,000
$285,000
$385,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,965
$385,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
T2 Financial Llc
Conventional
$304,000
No
First
May 10, 2023
Jun 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$287,277
$104,723
26%
73%
$1,823/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,020/mo
$1,823/mo
+$197/mo
6.2%

City: Midlothian

418 Rockaway Dr | Property Details | No Agent List