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$293,000

NAL Estimated Property Value

419 N 3rd Street, Midlothian, TX, 76065

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,658 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$150.78 / sqft
Year BuiltBuilt in 1940

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Oven
FlooringCarpet, Ceramic Tile, Wood

Exterior

Lot Size14,941 sqft

Building Information

Year Built1940
Stories1
Roof Type105
Garage Spaces1

Land Information

APN54.2001.048.002.00.108
Lot Number1, 2
SubdivisionOt Midlothian Sec 4
Land UseResidential
Legal DescriptionLOT PT 1 & 2 BLK 48 OT MIDLOTHIAN SEC 4 .343 AC
Census Tract060702
Assessed Land Value$99,000
Assessed Improvement Value$190,174
Assessment Year2025

About this property

Here is your chance to live in an amazing home within walking distance to Historic Downtown Midlothian and Kimmel Park The park offers a playground, pavillion and walking track. The home features beautiful wood floors- possibly original - which adds character and charm. As you step into the spacious living room you are greeted with an abundance of natural light. An extra flex room area has a dry bar and room for a sitting area. You will love having 2 full baths, an HVAC that was replaced 2019, Roof 2016, and a 2 car garage was added. The home is situated on a large corner lot which provides excellent privacy. MULTIPLE OFFERS - Please submit all offers by noon on Monday Aug 23, 2021.

Investor Tools

Property Icon
$293,000
Estimated Property Value
$235,214Estimated Mortgage Balance
$57,786Estimated Equity
19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,758 /month
Positive
Cash Flow Estimate:
$586 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$484/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,339
$289,174
2025
$99,000
$190,174
$289,174
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,339
$289,174

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$257,575
No
First
Oct 1, 2021
Nov 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$235,214
$57,786
19%
80%
$1,545/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,020/mo
$1,545/mo
+$475/mo
8.3%

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.

Explore Texas Explore This Area
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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419 N 3rd Street | Property Details | No Agent List