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$650,000

5890 Montgomery Rd, Midlothian, TX, 76065

$839,696 ARVInfo
PendingInfo
Beds5 Beds
Baths4 Bath
Baths4,297 Sq Ft
price_per_sqft$151.27 / sqft
Year BuiltBuilt in 1987

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Microwave

Exterior

Lot Size6.60 acres

Building Information

Year Built1987
Stories2
Garage Spaces2

Land Information

APN99.0084.000.023.00.108
SubdivisionJ Billingsley
Land UseResidential
Legal Description84 J BILLINGSLEY 6.599 ACRES
Census Tract060221
Assessed Land Value$232,000
Assessed Improvement Value$400,470
Assessment Year2025

About this property

5Bed 3.5Bath 2 Living 2Dine 2Garage Home located in the BILLINGSLEY Subdivision of Midlothian. Tons of potential INVESTOR'S DREAM as this home has tremendous ROI potential for either long term holding or short turn over. The property is offered with two homes. In the Main facility, the Primary bedroom features a fireplace with sitting area. Large Master Suite features Jacuzzi tub with separate shower and walk in closet. Oversized backyard including an in ground pool perfect for entertaining. The second home towards the front of the property features 3Bed 2Bath. Property features a pond and mature trees. Requiring some repairs however, this property is a hidden jewel.

Investor Tools

$0Estimated Mortgage Balance
$1,013,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$839,695
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,078 /month
Positive
Cash Flow Estimate:
$2,026 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,322/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,796
$632,470
2025
$232,000
$400,470
$632,470
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,796
$632,470

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,013,000
100%
0%
$0/mo

City: Midlothian

5890 Montgomery Rd | Property Details | No Agent List