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$622,000

NAL Estimated Property Value

5861 Hayes Rd, Midlothian, TX, 76065

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,925 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$332.47 / sqft
Year BuiltBuilt in 2014

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Tankless Water Heater
FlooringCarpet, Concrete

Exterior

Lot Size4.14 acres

Building Information

Year Built2014
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00.6560.000.002.00.108
Lot Number2
SubdivisionMulberry Hill-Rev
Land UseResidential
Legal DescriptionLOT 2 MULBERRY HILL-REV 4.14 AC
Census Tract060211
Assessed Land Value$240,000
Assessed Improvement Value$324,789
Assessment Year2025

About this property

Welcome to your peaceful retreat with a feeling of country while still being close to the city! This home sits on 4.1 beautiful acres, offering the perfect blend of open space, privacy, and comfort. With plenty of room to spread out both inside and out, this home features 4 bedrooms and 2 bathrooms. The fourth bedroom is currently being used as an office-game room. It is a great flex space that can be used to suit your needs. The kitchen and living space are open to create space for everyday living or entertaining. Step outside to enjoy wide-open views, a number of trees, a garden, or simply to soak in the quiet of nature. Property features a fully insulated 24x30 workshop with electricity and a 12x30 lean to. With ample land for hobbies, or future expansion, it's ideal for those seeking a slower pace and a little more freedom-just minutes from town, but a world away from the hustle. Property is situated in such a way that the buyer could have property re-platted and sell 2 acres if they so desired.

Investor Tools

Property Icon
$622,000
Estimated Property Value
$466,291Estimated Mortgage Balance
$155,709Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,840 /month
Positive
Cash Flow Estimate:
$1,280 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$655/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,752
$485,143
2025
$240,000
$324,789
$564,789
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,752
$485,143

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nexbank Ssb
Conventional
$472,500
No
First
Aug 19, 2025
Sep 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$466,291
$155,709
25%
75%
$2,833/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,020/mo
$2,833/mo
$-813/mo
3.9%

Learn About the Market: Opportunity in Texas

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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.

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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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5861 Hayes Rd | Property Details | No Agent List