








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Midlothian at 1202 Gray Dawn Dr, Midlothian, TX, 76065 earns $298/mo cash flow from $2,431/mo rent with a $1,468/mo payment. Total monthly income totals $2,431/mo, and annual cash flow totals $3,576/yr on $99,450 capital. ROI tracks 23.5% on current figures, and rental yield reads 9.72% at a $300,000 purchase. Equity gained on principal adds $1,936/yr, and 5% annual appreciation supports $82,884 over five years. Five-year ROI reaches 123.32% and total cumulative return in cash sums $122,640. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,431/mo property income instead of your personal income.
Single Family
Built in 2000
6,229 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76065, Midlothian, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,220 (100%) |
| Owner Occupied HU | 15,180 (79.0%) |
| Renter Occupied HU | 3,250 (16.9%) |
| Vacant Housing Units | 790 ( 4.1%) |
| Median Home Value | $430,364 |
| Average Home Value | $474,199 |
Residential
17,533
Single Family
16,402
Multi-Family
1,131
Businesses
1,208
Date | Event | Price |
|---|---|---|
| 2025-04-23 | Listed for sale | $300,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-23 | $1508.76 | -24.13% | $248,564 | 10.00% |
| 2023-04-23 | $1988.70 | -35.77% | $225,967 | 10.00% |
| 2022-04-23 | $3096.44 | N/A | $205,425 | 10.00% |



Listed by: Megan Hoenniger • Keller Williams Realty
Mls Name: NTREIS
Mls ID: #20912315
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.