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$345,000

706 Royal Ln, Midlothian, TX, 76065

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,670 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$191.56 / sqft
Year BuiltBuilt in 2010

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range
FlooringCarpet, Ceramic Tile

Exterior

Lot Size9,148 sqft

Building Information

Year Built2010
Stories1
Roof Type105
Garage Spaces2

Land Information

APN54.5591.010.010.00.108
Lot Number10A
SubdivisionKensington Park Ph Ii
Land UseResidential
Legal DescriptionLOT 10A BLK 10 KENSINGTON PARK PH II 0.21 AC
Census Tract060220
Assessed Land Value$90,000
Assessed Improvement Value$229,669
Assessment Year2025

About this property

Amazing Bloomfield home in the desirable Kensington neighborhood. Walking distance to the highly rated Heritage Highschool and Walnut Grove Middle Schools. Meticulously landscaped front and back with advanced WiFi controlled Hunter Hydrwise sprinkler system with rain sensor & ET Irrigation Control. Beautiful wood ceiling covered patio plus extended flagstone patio with cedar pergola looking out into your own outdoor haven. Spacious and open kitchen and living room with easy to maintain tile floors. High ceilings throughout! Split bedrooms with lots of storage space! Separate and nicely sized laundry room. New Vivant security system with doorbell camera and smart thermostat included! Roof replaced in 2019 with 30 yr architectural shingle. Enjoy the community and schools of Midlothian with the convenience of Dallas only 30 minutes away! showings start Friday at noon until Sunday. ***OFFER DEADLINE SUNDAY APRIL 3RD 9PM***

Investor Tools

Property Icon
$345,000
Estimated Property Value
$0Estimated Mortgage Balance
$345,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,070 /month
Positive
Cash Flow Estimate:
$690 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$537/month
$185/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,720
$319,669
2025
$90,000
$229,669
$319,669
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,720
$319,669

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$345,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,020/mo
$185/mo
+$1,835/mo
7.0%

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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706 Royal Ln | Property Details | No Agent List