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$550,000

4031 Morgans Way, Midlothian, TX, 76065

On MarketInfo
Just AddedInfo
Beds5 Beds
Baths3 Bath
Baths2,383 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$230.8 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Electric Range, Microwave, Double Oven
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesPrivate Yard, Other
Lot Size1.27 acres

Building Information

Year Built2003
Stories1
Roof Type105
Garage Spaces3

Land Information

APN54.8109.902.014.00.108
SubdivisionSaddle Back Creek Ph Iv
Land UseResidential
Legal Description14R B SADDLE BACK CREEK PH IV-REV1.266 ACRES
Census Tract060801
Assessed Land Value$170,000
Assessed Improvement Value$334,908
Assessment Year2025

About this property

Private Wooded Retreat with Custom Outdoor Living – 4031 Morgans Way, Midlothian, TX** Tucked behind a canopy of mature native trees on a sprawling, heavily wooded homesite, this stunning brick-and-stone home makes an unforgettable first impression and keeps delivering long after you arrive. A long private driveway winds past towering trees to a stately facade with an arched stone entry, covered front porch, and manicured landscaping framing a generous front lawn. Inside, an open and airy floor plan unfolds across thoughtfully designed living spaces. The spacious living room centers on a stunning stone fireplace and flows effortlessly into a bright kitchen featuring granite countertops, abundant wood cabinetry, a built-in wine rack, double ovens, and a breakfast bar that comfortably seats a crowd. A formal dining room with a dramatic bay window and a dedicated laundry room round out the everyday living spaces. The private primary suite is a true retreat, with a tray ceiling, an oversized walk-in closet, and a spa-inspired bath boasting dual vanities, a garden soaking tub, and a separate walk-in shower. 5 additional bedrooms — offer flexible space for family, guests, or a home office, with three additional full baths ensuring everyone has room to spread out. Step outside and discover the true showstopper: a custom, tree-shaded entertaining area complete with a rustic bar shed, covered seating, string lighting, and a gathering space for a fire pit, all set beneath a private forest canopy that backs to green space for ultimate privacy. Whether hosting weekend get-togethers or simply enjoying quiet evenings under the trees, this backyard oasis is made for making memories. Situated on a peaceful street among large, tree-studded homesites in a sought-after Midlothian neighborhood, this one-of-a-kind property offers space, privacy, and character rarely found together. Schedule your private tour today — homes like this don't come along often!

Investor Tools

$19,614Estimated Mortgage Balance
$533,386Estimated Equity
96% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,318 /month
Positive
Cash Flow Estimate:
$1,106 /month

Interested in this property?

Brandon Reichenau

RE/MAX FRONTIER

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$844/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,361
$504,908
2025
$170,000
$334,908
$504,908
No

Tax History

Year
Tax Paid
Assessed Value
2025
$7,361
$504,908

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of America Na
Stand Alone Second / Subordinate Position
$46,810
No
First
May 18, 2005
Jun 2020

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$19,614
$533,386
96%
4%
$281/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,630/mo
$281/mo
+$2,349/mo
5.7%

City: Midlothian

4031 Morgans Way | Property Details | No Agent List