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$319,900

701 Abbey Ln, Midlothian, TX, 76065

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,642 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$194.82 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Oven, Disposal
FlooringLuxury Vinyl Plank

Exterior

Lot Size8,712 sqft

Building Information

Year Built2007
Stories1
Roof Type105
Garage Spaces2

Land Information

APN54.5591.003.021.00.108
SubdivisionKensington Park Ph Ii
Land UseResidential
Legal Description21 3 KENSINGTON PARK PH II 0.20 ACRES
Census Tract060220
Assessed Land Value$90,000
Assessed Improvement Value$214,268
Assessment Year2026

About this property

Welcome to this move-in ready, single-story brick home perfectly situated on a desirable corner lot directly adjacent to a neighborhood park. Inside, you will find high-traffic modern luxury vinyl plank flooring, crisp fresh interior paint, and an abundance of natural light throughout the spacious open-concept layout. The chef-inspired kitchen boasts crisp white cabinetry, a center island with a breakfast bar, and sleek black and stainless steel appliances. A private primary suite offers a serene retreat with generous closet space and peaceful views. Outside, the sprawling lawn and classic curb appeal are complemented by the unhindered open space right next door. Schedule your private tour today to experience this turnkey Texas GEM before it is gone!

Investor Tools

$0Estimated Mortgage Balance
$330,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,980 /month
Positive
Cash Flow Estimate:
$660 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$652/month
$120/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,170
$304,268
2026
$90,000
$214,268
$304,268
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,170
$304,268

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$330,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,020/mo
$120/mo
+$1,900/mo
7.3%

City: Midlothian