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Ellis 76065
4502 Skinner Road
$549,000
● House - Off Market

4502 Skinner Road

Midlothian, TX 76065
bedrooms
Studio
bathrooms
1 Bath
square feet
900 Ft²
$2,696
Est. Monthly

About This Property

Subdivide and Conquer... This 4.7-acre property has the road frontage necessary to divide the land. The main building was designed for RV parking and includes interior electric, water, and sewer hookups. The small apartment inside features a full bathroom, kitchen, and living area, along with a walk-in closet, a separate utility room, and pantry space. Upstairs is a bedroom-like area with extra storage and access to loft storage. The property also includes a detached two-car garage, additional metal storage buildings, an oversized concrete driveway, and an electric gate entrance. Zoned to Waxahachie ISD-this property is a must-see for anyone seeking low taxes and a place to call home.
Unit Size
900 Ft²
Days on Market
-
Land Size
4.72 acres
Price per sqft
$610
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2010

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 2 years ago (NTREIS #20991396)

Price History

Date / Event Date Event Price
Sep 4, 2025 Sold
Premium
Sold
Jul 24, 2025 In contract -
In contract
Jul 5, 2025 Listed by Fathom Realty LLC $549,000
Listed by Fathom Realty LLC

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2010
  • Effective Year Built: 2010
  • Building Count: 2
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 205,603
  • Total Building Area: 900
  • Gross Building Area: 900
  • Building Area: 900
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 900
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: KOONCE ADDN
  • Land Acres: 0000004720
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: LOT 1 KOONCE ADDN 4.72 AC

Neighborhood

  • School District Name: Waxahachie Independent School District
  • Census Tract: 061100

Geography

  • Assessors Map Reference: 1078-Q
  • Parcel: 249367
  • Lot: 1
  • Municipality: MIDLOTHIAN
  • Latitude: 32.4184
  • Longitude: -96.9406

    Address

  • Full Address: 4502 Skinner Rd Rd
  • Address - House Number: 4502
  • Address - Street Name: Skinner Rd
  • Address - Suffix Type: Rd
  • State: TX
  • City Name: Waxahachie
  • Zip Code: 75167

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $403,534
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 507

    Appraisal Valuation

  • Standard Deviation: 0.2075
  • Valuation Date: Nov 08, 2023
  • Confidence Score: 71
  • Final Value: 469,036
  • High Value: 566,366
  • Low Value: 371,705

    Market Valuation

  • Market Total Value: $390,000
  • Market Land Value: $245,000
  • Market Improvement Value: $145,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $390,000
  • Assessed Land Value: $245,000
  • Assessed Improvements Value: $145,000

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Ellis

Stats & Trends

Median Asking:

$425,000

Sale Price/ft²

$187

Above Asking

0.16%

Average Days on Market

75

Average Home Size

2562 ft²

Average Home Age

16 years

Currently For Sale

1250 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

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Currently no similar homes around

Nearby Rentals

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NTREIS

Listed by: Jackie McDonald, Fathom Realty LLC
Last Updated: 2 years ago
Data Source: NTREIS MLS, MLS# 20991396
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 4502 Skinner Road built and last sold?
The property at 4502 Skinner Road was built in 2010 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 4502 Skinner Road is $0.
What are some comparable homes to 4502 Skinner Road?
There are currently no comparable homes to 4502 Skinner Road.
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