








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 3640 Waters Edge Dr, Midlothian, TX, 76065 at $965,597 posts ROI 16.29% with from $6,682/mo rent. Total monthly income equals $6,682/mo. Return on cash invested measures 16.29% and rental yield reads 8.3% at the current $965,597. Equity gained on principal adds $6,231/yr, and 5% annual appreciation supports $266,777 by year five. Five-year ROI prints 85.71% and total cumulative return in cash totals $272,282. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $6,682/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2016
1.32 Acres lot
$N/A/sqft
$2,750 annually 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 |
|---|---|---|
| 2024-07-26 | Listed for sale | $965,597 |
| 2020-10-01 | Sold | N/A |
| 2020-07-02 | Listing removed | $749,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-14 | $23059.35 | 8.88% | $1,134,960 | 20.07% |
| 2022-08-14 | $21178.06 | N/A | $945,252 | 22.97% |
| 2021-08-14 | N/A | N/A | $768,660 | 10.75% |



Listed by: Ruby Perez • Perla Realty Group, LLC
Mls Name: NTREIS
Mls ID: #20686287
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.