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$325,000

1501 Meadow Ct, Midlothian, TX, 76065

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,691 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$192.19 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Oven, Disposal
FlooringCarpet, Linoleum

Exterior

Exterior FeaturesFire Pit, Outdoor Kitchen, Private Yard, Rain Gutters
Lot Size9,757 sqft

Building Information

Year Built1977
Stories1
Roof Type105
Garage Spaces5

Land Information

APN54.7880.002.002.00.108
Lot Number2
SubdivisionRidgeview #1
Land UseResidential
Legal DescriptionLOT 2 BLK 2 RIDGEVIEW #1 .224 AC
Census Tract060802
Assessed Land Value$99,000
Assessed Improvement Value$213,929
Assessment Year2025

About this property

Situated on a desirable corner lot, this 3-bedroom, 2-bath home is conveniently located just minutes from the shopping, dining, and amenities Midlothian has to offer. With no HOA, you'll have the flexibility to make this property your own. The split-bedroom floor plan provides added privacy, with the spacious primary suite featuring custom cabinetry and its own ensuite bath. The large family room offers plenty of space for gathering and entertaining, while the home's great bones provide an excellent foundation for your vision. Outside, the property truly shines with a spacious 30x30 carport offering up to four-car parking when vehicles are stacked, plus the height to accommodate most RVs. The fenced yard provides plenty of room to enjoy the outdoors, while the workshop with electricity and AC offers an ideal space for projects, hobbies, or additional storage. An outdoor kitchen adds even more versatility for entertaining. A half bath located in the garage adds convenience and opens the door to additional possibilities. With the right vision and improvements, a portion of the oversized garage could potentially be enclosed to create additional finished living space with an ensuite, subject to buyer verification and any required approvals. Solar panels provide an added energy-efficient feature and will be paid off by the seller prior to closing. The HVAC system was replaced in 2022, offering additional peace of mind. Bring your creativity and DIY energy to this home and unlock its potential. Whether you're a first-time homebuyer, looking for a property with room to personalize, or expanding your investment portfolio, this home offers a great combination of location, space, functionality, and opportunity.

Investor Tools

$0Estimated Mortgage Balance
$317,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,950 /month
Positive
Cash Flow Estimate:
$650 /month

Interested in this property?

Jamie Wickliffe

CENTURY 21 Judge Fite Company

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$207/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$905
$274,975
2025
$99,000
$213,929
$312,929
No

Tax History

Year
Tax Paid
Assessed Value
2025
$905
$274,975

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$317,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,020/mo
N/A
+$2,020/mo
7.6%

City: Midlothian

1501 Meadow Ct | Property Details | No Agent List