$1,110,000
925 Walter Stephenson Road, Midlothian, TX, 76065
About this property
This 9.2-acre site is zoned for up to 18 units per acre, allowing for substantial unit density to support a scalable multifamily development. Located in the fast-growing city of Midlothian, the property offers a strong combination of zoning flexibility, market demand, and logistical access. Positioned within minutes of Midlothian’s Downtown Square and with direct access to US Highway 67 and 287, the site offers efficient connectivity to the DFW Metroplex. Dallas is approximately 30 minutes away, making this location attractive for renters seeking suburban living with access to urban employment centers, vibrant dining, nightlife, and cultural amenities of Dallas. The terrain is gently sloped, creating the potential for upper-story units with unobstructed views—an added value proposition for future tenants. Midlothian is served by a highly rated school district, and the area continues to attract a mix of young professionals, families, and downsizers. This parcel represents a practical, high-upside investment in one of North Texas’ most active residential growth corridors. Ideal for developers targeting suburban multifamily demand with proximity to major employment and infrastructure.
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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.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Midlothian
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