Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
Main property image
B+
NoAgentList RatingHow are grades calculated?Info
Days24Days on Market
Views1view
Gallery image 2
Gallery image 3
Gallery image 4
Gallery image 5

$499,900

$510,000

5821 Waterworks Rd, Midlothian, TX, 76065

$649,870 ARVInfo
On MarketInfo
Price DropInfo
Beds3 Beds
Baths2 Bath
Baths3,280 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$152.41 / sqft
Year BuiltBuilt in 2008

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater
FlooringHardwood, Vinyl

Exterior

Exterior FeaturesRV Hookup
Lot Size1 acre

Building Information

Year Built2008
Stories1
Garage Spaces5

Land Information

APN54.0269.000.014.00.108
SubdivisionE S Culbertson
Land UseResidential
Legal Description269 E S CULBERTSON 1 ACRES
Census Tract060802
Assessed Land Value$145,000
Assessed Improvement Value$202,205
Assessment Year2025

About this property

Experience true Texas living in this one-of-a-kind custom barndominium offering approximately 3,280 SF of living space plus an 800 SF attached shop with an enormous loft for storage. Every inch of this home showcases craftsmanship & rustic charm with custom handmade wood trim, cabinetry, & unique finishes throughout. Spacious living room welcomes you with soaring vaulted ceilings accented by exposed wood beams & cozy wood-burning stove, creating the perfect gathering space. Beautiful wood flooring flows through the living room, kitchen, & hallways, while luxury vinyl plank flooring provides durability in bedrooms & laundry. Country kitchen is full of character with stainless appliances, farmhouse sink, laminate countertops, a striking copper-look backsplash, & custom cedar-topped bar that's perfect for entertaining family & friends. All three bedrooms are exceptionally oversized, offering room to relax & unwind. Impressive primary suite features a stunning custom ceiling treatment, decorative shuttered windows, an oversized walk-in closet, & luxurious ensuite bath with custom-built cabinetry & cedar-wrapped Jacuzzi garden tub & shower combination, creating a true retreat. Both bathrooms feature handcrafted custom vanities that continue the rustic elegance found throughout the home. Attached 800 SF garage & workshop is a dream for hobbyists, mechanics, or business owners, complete with full electric service, lift system for transporting items to the massive loft storage area, & staircase access to the upper level. Outside, you'll enjoy a large covered front porch perfect for morning coffee, a spacious back deck for entertaining, & an oversized carport with room for multiple vehicles & RV. RV hookups are already in place, making it ideal for travelers or guests. If you've been searching for a property with rustic style, incredible craftsmanship, oversized rooms, abundant storage, & exceptional workspace, this custom barndominium offers a lifestyle that's hard to find.

Investor Tools

$34,871Estimated Mortgage Balance
$477,203Estimated Equity
93% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$649,870
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,072 /month
Positive
Cash Flow Estimate:
$1,024 /month

Interested in this property?

Judy McGraw

RE/MAX FRONTIER

ContactContact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$624/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,929
$347,205
2025
$145,000
$202,205
$347,205
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,929
$347,205

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Interbank
Building Or Construction Loan
$39,909
No
First
Feb 25, 2020
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$34,871
$476,129
93%
7%
$240/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

5821 Waterworks Rd | Property Details | No Agent List