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$260,000

1517 Meadow Ct, Midlothian, TX, 76065

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,319 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$197.12 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDouble Oven, Dishwasher, Gas Cooktop, Gas Oven, Gas Water Heater

Exterior

Private PoolPrivate Pool
Lot Size8,059 sqft

Building Information

Year Built1977
Stories1
Roof Type105
Garage Spaces3

Land Information

APN54.7880.002.010.00.108
Lot Number10
SubdivisionRidgeview #1
Land UseResidential
Legal DescriptionLOT 10 BLK 2 RIDGEVIEW #1 .185 AC
Census Tract060802
Assessed Land Value$80,000
Assessed Improvement Value$194,397
Assessment Year2025

About this property

Let your next chapter begin with vintage charm and a pool to make summer days even sweeter! Wood ceiling beams, a brick fireplace, and classic details bring warmth and personality to this home, offering a charming starting point for your own style. A thorough cleaning, cosmetic repairs, and updates would help its character shine. Enjoy the convenience of nearby shopping, dining, and everyday amenities, with the high school within walking distance. Per seller, the roof was replaced within the past 10 years, and the bow in the hallway ceiling is attributed to the AC drip pan. Bring your vision and explore the possibilities! Property is being sold AS IS.

Investor Tools

$263,913Estimated Mortgage Balance
$32,087Estimated Equity
10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,776 /month
Positive
Cash Flow Estimate:
$592 /month

Interested in this property?

Laci Munn

CENTURY 21 Judge Fite Co.

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$182/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$707
$261,997
2025
$80,000
$194,397
$274,397
No

Tax History

Year
Tax Paid
Assessed Value
2025
$707
$261,997

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Aspire Financial Inc
Reverse Mortgage / Hecm
$306,000
No
First
Sep 5, 2019
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$263,913
$32,087
10%
89%
$1,495/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,020/mo
$1,495/mo
+$525/mo
8.2%

City: Midlothian

1517 Meadow Ct | Property Details | No Agent List