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$275,000

503 E Avenue F, Midlothian, TX, 76065

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths1 Bath
Baths1,564 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$175.83 / sqft
Year BuiltBuilt in 1940

Property Lead Type:

BankruptcyAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range
FlooringCarpet, Wood

Exterior

Exterior FeaturesDeck, Lighting, Private Yard, Rain Gutters
Lot Size7,013 sqft

Building Information

Year Built1940
Stories1
Roof Type105

Land Information

APN54.4647.003.012.00.108
SubdivisionM F Hawkins
Land UseResidential
Legal Description12 3 M F HAWKINS 0.161 ACRES
Census Tract060702
Assessed Land Value$88,000
Assessed Improvement Value$158,797
Assessment Year2025

About this property

Charming 1940s home just minutes from downtown Midlothian, with classic character and thoughtful updates throughout. This 3-bedroom home offers 1,564 square feet on a 0.161-acre lot with no HOA. A covered front porch welcomes you into a light-filled dining area with warm wood floors and a statement light fixture. The kitchen features white shaker-style cabinetry, butcher block counters, a farmhouse sink, a subway tile backsplash, a gas range, and a stainless dishwasher. The spacious 26x19 living room has two ceiling fans and plenty of windows, giving you room to spread out. Each bedroom includes a ceiling fan, and one has a rustic wood accent wall. Two full bathrooms, a dedicated laundry area, and fresh neutral paint complete the interior. Out back, a covered deck overlooks a large fenced yard with mature trees and a storage shed. Click the Virtual Tour link to view the 3D walkthrough. Discounted rate options and no-lender-fee future refinancing may be available for qualified buyers.

Investor Tools

$17,885Estimated Mortgage Balance
$226,115Estimated Equity
92% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,650 /month
Positive
Cash Flow Estimate:
$550 /month

Interested in this property?

Scott Dearmore

Orchard Brokerage

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$265/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,957
$197,945
2025
$88,000
$158,797
$246,797
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,957
$197,945

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Carrington Mortgage Services Llc
Fha
$15,881
Yes
First
Aug 16, 2022
Nov 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$17,885
$226,115
92%
7%
$116/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,020/mo
$116/mo
+$1,904/mo
9.9%

City: Midlothian

503 E Avenue F | Property Details | No Agent List