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$550,000

5840 Deerfield Ln, Midlothian, TX, 76065

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths2,179 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$252.41 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

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

Exterior

Exterior FeaturesAwnings, Other
Lot Size1.14 acres

Building Information

Year Built2004
Stories1
Roof Type105
Garage Spaces5

Land Information

APN00.8187.902.013.00.108
SubdivisionThe Splendor Ph Ii
Land UseResidential
Legal Description13 B THE SPLENDOR PH II 1.141 ACRES
Census Tract060221
Assessed Land Value$159,500
Assessed Improvement Value$300,418
Assessment Year2025

About this property

Discover convenience and tranquility on an impressive 1.41-acre corner lot with NO HOA, offering the freedom and peace of mind to make the property distinctly your own. Designed for everyday living and effortless entertaining, this sprawling residence offers versatile indoor and outdoor spaces with ample room to unwind, set in an exceptional setting that feels removed yet connected to everyday conveniences. Step inside to a vibrant, inviting atmosphere where natural light fills an open-concept layout, creating a functional flow and flexibility to accommodate a home office, guest accommodations, or additional areas tailored to your lifestyle. The spacious kitchen, featuring a central island, anchors the heart of the home, providing an effortless setting for relaxed evenings or mornings, as well as festive gatherings with family and friends. Beyond the interior, the expansive 1.41-acre setting sets this property apart—the generous grounds provide abundant opportunities for outdoor entertaining, recreation, gardening, or creating the backyard retreat you've always envisioned. Whether gathering beneath the Texas sky or simply enjoying the outdoors, you'll enjoy an extension of the home's living space, with access to shopping, dining, and the surrounding DFW Area. Experience the endless possibilities of 1.41 acres nestled in the esteemed Midlothian Community and schedule your exclusive showing today!

Investor Tools

$317,738Estimated Mortgage Balance
$249,262Estimated Equity
43% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,402 /month
Positive
Cash Flow Estimate:
$1,134 /month

Interested in this property?

Natalie Martinez

Mark Spain Real Estate

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$622/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,630
$459,918
2025
$159,500
$300,418
$459,918
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,630
$459,918

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$328,000
No
First
Dec 9, 2024
Jan 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$317,738
$249,262
43%
56%
$1,967/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,020/mo
$1,967/mo
+$53/mo
4.3%

City: Midlothian