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$630,000

NAL Estimated Property Value

6821 Newly Way, Midlothian, TX, 76065

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,711 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$231.98 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesConvection Oven, Dishwasher, Disposal, Double Oven, Electric Cooktop, Microwave, Electric Water Heater
FlooringCarpet, Ceramic Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesFire Pit, Rain Gutters, Lighting
Lot Size1.03 acres

Building Information

Year Built2018
Stories1
Roof Type105
Garage Spaces3

Land Information

APN00.6086.901.004.00.108
Lot Number4
SubdivisionLong Branch Estates
Land UseResidential
Legal DescriptionLOT 4 BLK A LONG BRANCH ESTATES 1.032 AC
Census Tract060211
Assessed Land Value$145,000
Assessed Improvement Value$485,000
Assessment Year2025

About this property

Enjoy spectacular Texas sunset views from the bliss of the heated pool or spa with fire features and a fire pit. This immaculate 4 bedroom home with vaulted ceilings, gas fireplace, and spacious master bath is nestled in one of Midlothian's newest premier neighborhoods. A fresh harvest of vegetables awaits the gardener utilizing the garden boxes. You will be relaxing in luxury both inside and out. Sellers are willing to sell most items in the house. Please feel free for buyers to negotiate. Please See Transaction Desk for Offer Guidelines. SELLERS ARE ACCEPTING BACKUP OFFERS

Investor Tools

Property Icon
$630,000
Estimated Property Value
$416,059Estimated Mortgage Balance
$213,941Estimated Equity
33% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,780 /month
Positive
Cash Flow Estimate:
$1,260 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$865/month
$350/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,230
$630,000
2025
$145,000
$485,000
$630,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,230
$630,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Quicken Loans Llc
Conventional
$460,000
No
First
May 10, 2021
Jun 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$416,059
$213,941
33%
66%
$2,758/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,630/mo
$3,108/mo
$-478/mo
5.0%

City: Midlothian

6821 Newly Way | Property Details | No Agent List