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$1,100,000

NAL Estimated Property Value

925 WALTER STEPHENSON Road, Midlothian, TX, 76065

Off MarketInfo
Baths0 Bath

About this property

Discover an exceptional opportunity with this vacant land parcel, perfect for multifamily development in the thriving community of Midlothian, Texas. This property, enveloped by mature trees, offers a serene and picturesque setting while being ideally suited for your next investment or development project. Zoned for multifamily use (PD-04), the land allows for the development of up to 6 units per acre, making it an ideal site for residential projects. A gas line runs through the property. Recent survey and topographic study are available, providing essential information for planning and construction. This land offers a unique combination of natural beauty and strategic potential for developers seeking to create a desirable residential community. With its prime zoning, picturesque surroundings, and available utilities, this property stands out as a premier development site in Midlothian.

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0% equity
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,600 /month
Positive
Cash Flow Estimate:
$2,200 /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