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$248,000

NAL Estimated Property Value

510 Overlook Drive, Midlothian, TX, 76065

Off MarketInfo
LeaseInfo
Beds3 Beds
Baths1 Bath
Baths1,176 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.79 / sqft
Year BuiltBuilt in 1945

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDryer, Electric Cooktop, Electric Oven, Microwave, Refrigerator, Washer

Exterior

Lot Size11,631 sqft

Building Information

Year Built1945
Stories1
Roof Type105

Land Information

APN54.5652.000.011.02.108
Lot NumberS60
SubdivisionKimmell#2
Land UseResidential
Legal DescriptionLOT S60 11 N10 12 KIMMELL#2 .267 AC
Census Tract060702
Assessed Land Value$90,000
Assessed Improvement Value$150,500
Assessment Year2025

About this property

Now available for lease at $2,100 a month! This updated, move-in-ready home offers the best of Midlothian living, a huge backyard, modern interior updates, and a location that puts you minutes from everything. With over a quarter acre of outdoor space and an extended covered patio, this home gives tenants room to relax, entertain, and enjoy the outdoors. Inside, the home feels bright, clean, and easy to maintain thanks to all-tile flooring throughout, no carpet. The living and dining areas flow naturally into the updated kitchen, featuring modern countertops, built-in cabinetry, and a refrigerator included. It’s a layout that makes everyday living feel simple and comfortable. All three bedrooms offer split-bedroom privacy, and the bathroom includes an updated vanity and built-in storage. The home has been well maintained with serviced HVAC, solid mechanicals, and a new roof installed in 2021, giving tenants confidence and peace of mind. The large backyard is a standout feature, perfect for pets, outdoor living, gardening, or simply enjoying the extra space. The extended covered patio creates a great spot for morning coffee or relaxing in the evenings, and the storage building stays for added convenience. And the location is unbeatable. You’re just minutes from downtown Midlothian, Kimmel Park, Walmart, Tractor Supply, restaurants, and schools. Plus, the home sits across from open land, giving you a peaceful, unobstructed view with no front neighbors. If you’re looking for an updated home with space, comfort, and everyday convenience, this one is ready for you.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$338/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,815
$240,500
2025
$90,000
$150,500
$240,500
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,815
$240,500

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$235,600
No
First
May 17, 2024
Jun 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$227,133
$20,867
8%
92%
$1,413/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,020/mo
$1,413/mo
+$607/mo
9.8%

Learn About the Market: Opportunity in Texas

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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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510 Overlook Drive | Property Details | No Agent List