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$464,631

NAL Estimated Property Value

951 Hill Meadow Drive, Midlothian, TX, 76065

Off MarketInfo
Beds5 Beds
Baths3 Bath
Baths2,434 Sq Ft
price_per_sqft$195.15 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Oven, Electric Range, Microwave
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Exterior FeaturesStorage
Lot Size23,000 sqft

Building Information

Year Built1999
Stories2
Roof Type105
Garage Spaces4

Land Information

APN54.4721.901.011.00.108
Lot Number11
SubdivisionHill Crest Ph I
Land UseResidential
Legal DescriptionLOT 11 BLK A HILL CREST PH I .528 AC
Census Tract060802
Assessed Land Value$100,000
Assessed Improvement Value$364,631
Assessment Year2025

About this property

The kind of home that truly has room for everyone and everything. Sitting on a half acre lot with its own workshop, NO HOA, this property gives you the space you want without giving up the convenience of town. Inside, you’ll find 5 bedrooms, 2 full baths, and a half bath, plus an office or flex room that works great for working from home, a playroom, or a hobby space. The layout feels open and comfortable, with plenty of natural light and room to spread out. The kitchen and living areas flow easily for everyday life, whether you’re hosting friends or just relaxing at home. Upstairs you have a second living space and 4 bedrooms. Plenty of space for a large family or an additional office space. Step outside and you’ll instantly feel the freedom that comes with more land, a big yard, room for projects, and endless possibilities. The shop is a huge bonus, perfect for storage, tools, gear, or any weekend project you’ve been wanting to tackle. Located in a quiet, established area within Midlothian ISD, you get the best mix of space, comfort, and location.

Investor Tools

Property Icon
$464,631
Estimated Property Value
$314,841Estimated Mortgage Balance
$149,790Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,850 /month
Positive
Cash Flow Estimate:
$950 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$822/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,541
$464,631
2025
$100,000
$364,631
$464,631
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,541
$464,631

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mid America Mortgage Southwest Inc
Conventional
$346,750
No
First
Jul 2, 2021
Jul 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$314,841
$149,790
32%
68%
$2,079/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,020/mo
$2,079/mo
$-59/mo
5.2%

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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951 Hill Meadow Drive | Property Details | No Agent List