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$349,000

NAL Estimated Property Value

710 Ranchland Cir, Midlothian, TX, 76065

$352,849 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,958 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.28 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

BankruptcyOff-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Electric Water Heater, Ice Maker, Microwave, Double Oven, Refrigerator
FlooringCarpet

Exterior

Exterior FeaturesRain Gutters
Lot Size25,992 sqft

Building Information

Year Built2003
Stories1
Garage Spaces2

Land Information

APN54.6089.008.005.00.108
Lot Number5
SubdivisionLongbranch #7
Land UseResidential
Legal DescriptionLOT 5 BLK 8 LONGBRANCH #7 0.5967 AC
Census Tract060221
Assessed Land Value$110,000
Assessed Improvement Value$238,972
Assessment Year2025

About this property

Corner lot rental in Longbranch on over half an acre! 3 beds, 2 full baths, open floorplan with wbfp in family room. Kitchen has a bar and island. Breakfast area in kitchen. This home has a formal dining room and formal living, or space for an office or play area. Separate utility room. Home has fresh paint, new floor, refrigerator and microwave included. The backyard is huge, has a wood deck and is ready for entertaining. All applicants 18 & older must apply and have social security number. Dogs allowed with pet deposits & monthly pet fees. NO CATS. Full background check run. Combined gross income must be 3x the rent. No evictions. No recent serious criminal history. No trampolines or pools. Application can be obtained through property manager. Applicant must see home in person before applying. No smoking of any kind, including vaping, inside home. Tenant responsible for maintaining renters insurance, lawn maintenance and must change ac filters at least every 3 months.

Investor Tools

Property Icon
$349,000
Estimated Property Value
$239,451Estimated Mortgage Balance
$109,549Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$352,849
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,094 /month
Positive
Cash Flow Estimate:
$698 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$564/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,022
$348,972
2025
$110,000
$238,972
$348,972
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,022
$348,972

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Valliance Bank
Commercial
$247,977
No
First
Jun 3, 2024
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$239,451
$109,549
31%
69%
$1,487/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,020/mo
$1,487/mo
+$533/mo
6.9%

City: Midlothian

710 Ranchland Cir | Property Details | No Agent List