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$1,110,000

925 Walter Stephenson Road, Midlothian, TX, 76065

On MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

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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Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,660 /month
Positive
Cash Flow Estimate:
$2,220 /month

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Financing Details

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

Learn About the Market: Opportunity in Texas

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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.

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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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925 Walter Stephenson Road | Property Details | No Agent List