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$262,335

9 Atlantic Ave, Midlothian, TX, 76065

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,635 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$168.2 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

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

Exterior

Lot Size7,971 sqft

Building Information

Year Built1997
Stories2
Garage Spaces2

Land Information

APN54.7358.005.005.00.108
Lot Number5
SubdivisionPark Place East Ph Iv
Land UseResidential
Legal DescriptionLOT 5 BLK 5 PARK PLACE EAST PH IV .183 AC
Census Tract060220
Assessed Land Value$80,000
Assessed Improvement Value$182,335
Assessment Year2025

About this property

Welcome to this charming 3-bed, 2-bath, 1,645 sq ft brick home in the heart of Park Place East, Midlothian ISD. Built in 1997, it features a split-bedroom layout, spacious great room with fireplace, and an open kitchen boasting ample cabinet space—ideal for entertaining. The primary suite includes a garden tub, separate shower, double sinks and a sizable walk-in closet. Enjoy low-maintenance tile and carpeted floors throughout. Outside, the large fully fenced backyard sits on a generous 7,971 sq ft lot, offering privacy and potential. With a 2-car attached garage, convenient access to schools, parks, shopping, and major thoroughfares, this home is perfect for families or investors. Quick move-in ready—bring your personal touches and make it your own! Being sold AS IS.

Investor Tools

Property Icon
$262,335
Estimated Property Value
$69,000Estimated Mortgage Balance
$194,446Estimated Equity
74% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,650 /month
Positive
Cash Flow Estimate:
$550 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$409/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,597
$262,335
2025
$80,000
$182,335
$262,335
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,597
$262,335

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Pnc Bank Na
Credit Line (Revolving) / Heloc
$69,000
No
First
Jun 12, 2025
Jun 2065

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$67,889
$194,446
74%
26%
$414/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,020/mo
$414/mo
+$1,606/mo
9.2%

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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9 Atlantic Ave | Property Details | No Agent List