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$314,000

NAL Estimated Property Value

506 Valarie Lane, Midlothian, TX, 76065

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,539 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$136.45 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesWater Purifier, Dishwasher, Disposal, Electric Range, Microwave, Plumbed For Ice Maker, Water Softener
FlooringCarpet, Ceramic Tile

Exterior

Lot Size7,623 sqft

Building Information

Year Built2002
Stories1
Garage Spaces2

Land Information

APN54.6085.001.030.00.108
Lot Number30
SubdivisionLongbranch #4
Land UseResidential
Legal DescriptionLOT 30 BLK 1 LONGBRANCH #4 0.175 AC
Census Tract060221
Assessed Land Value$80,000
Assessed Improvement Value$204,765
Assessment Year2025

About this property

Live in the desired Heritage High district for only $210,000! This stylish & updated home is within walking distance of the highly rated Longbranch elementary. Split floorplan with a grand living room in the middle featuring high ceilings, molding, beautiful built ins + updated fireplace. Plenty of cabinet space plus an island in the kitchen which has also been updated. Full house Avantapure Water Treatment system installed November 2016, upgraded SS Microwave & Dishwasher, upgraded GDO, Lovely new front door w keypad lock, surround sound in LV, recently replaced fixtures plus added can lights inside+additional exterior lighting. OFFERS DUE BY WEDNESDAY AT 6pm.

Investor Tools

Property Icon
$314,000
Estimated Property Value
$148,039Estimated Mortgage Balance
$165,961Estimated Equity
52% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,884 /month
Positive
Cash Flow Estimate:
$628 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$463/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,990
$284,765
2025
$80,000
$204,765
$284,765
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,990
$284,765

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gateway First Bank
Conventional
$172,400
No
First
Apr 29, 2019
May 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$148,039
$165,961
52%
47%
$1,034/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,020/mo
$1,034/mo
+$986/mo
7.7%

City: Midlothian

506 Valarie Lane | Property Details | No Agent List