When was property at 5040 Monroe Drive built and last sold?

The property at 5040 Monroe Drive was built in 2007 and last sold on Aug 10, 2021 for $1,278,700.

How much is this home worth?

The estimated value of the home located at 5040 Monroe Drive is $1,265,336.

What are some comparable homes to 5040 Monroe Drive?

There are currently no comparable homes to 5040 Monroe Drive.

Ellis

76065

Crystal Forest Estates

5040 Monroe Drive

$1,185,000

● House - Off Market

5040 Monroe Drive

Midlothian, TX 76065

6 Beds

5 Baths, 1 Half Bath

5,146 Ft²

$1,356,163

RealtyHop Estimate

14.44%

Since Sep 1, 2021

National-US

Primary Model

About This Property

THIS STUNNING EXECUTIVE PROPERTY IS AN ENTERTAINERS DREAM! INCREDIBLE VIEWS OF 1.3 ACRES WITH A POND AND DOCK IN ONE OF THE MOST DESIRABLE NEIGHBORHOODS IN MIDLOTHIAN. THIS IMMACULATE ONE OWNER HOME HAS BEEN RECENTLY UPDATED WITH LIGHT, NEUTRAL PAINT, SOME NEW APPLIANCES, A NEW ROOF AND TWO NEW TANKLESS WATER HEATERS. THIS OUTSTANDING HOME OFFERS CUSTOM FEATURES THROUGHOUT INCLUDING HANDSCRAPED HARDWOOD FLOORS, A MASSIVE GRANITE KITCHEN ISLAND, SOLID CORE DOORS AND CUSTOM CABINETS, DUAL STAIRCASES, TWO STONE FIREPLACES, OVERSIZED POOL, HOT TUB, TANNING LEDGE, AND WATERFALL. 6 BEDROOMS, 5.1 BATHS, INCLUDING ATTACHED STUDIO APARTMENT, CUSTOM SHED, STORM SHELTER, CEDAR LINED GUN CLOSET AND SO MUCH MORE.

Unit Size

5,146 Ft²

Days on Market

Land Size

1.34 acres

Price per sqft

$230

Property Type

House

Property Taxes

HOA Dues

$25

Year Built

2007

Payment Calculator

Cap Rate Calculator

Last updated: 5 months ago (NTREIS #14602028)

Price History

Date / Event	Date	Event
Jan 15, 2025	Sold	Premium
Sold
Dec 6, 2024	In contract	-
In contract
Sep 21, 2024	Price Decreased	$1,250,000 ↓ $25K (2%)
Price Decreased
Aug 10, 2024	Price Decreased	$1,275,000 ↓ $20K (1.5%)
Price Decreased
Jul 25, 2024	Listed by BK Real Estate LLC	$1,295,000
Listed by BK Real Estate LLC

	$5,000 cash at closing with accepted offer! OWNER FINANCE AVAILABLE! Welcome to this stunning 6-bedroom, 5.5-bath home on 1.3 acres. Enjoy a spacious, open layout with recent updates like hardwood floors in the primary suite, fresh paint, and new appliances. High-quality finishes include solid doors, custom cabinets, a big kitchen island, two stone fireplaces, and dual staircases. The backyard is perfect for entertaining, with an oversized pool, hot tub, tanning ledge, stocked pond with a fishing dock, and a cozy fire pit area. Extras include an emergency generator, storm shelter, newer roof, two tankless water heaters, and an invisible fence with collars for your pets. This home offers elegance, comfort, and plenty of space for gatherings. Schedule a showing today! VA ASSUMABLE LOAN WITH A 3.125% INTEREST RATE. Also open to creative financing for qualified buyers.
Jul 18, 2024	Withdrawn	-
Withdrawn
Jun 25, 2024	Price Increased	$1,295,001 ↑ $1 (0%)
Price Increased
May 14, 2024	Listed by RE/MAX Associates of Mansfield	$1,295,000
Listed by RE/MAX Associates of Mansfield

	LOAN IS ASSUMABLE AT 3.125% OR OWNER FINANCE FOR QUALIFIED BUYERS. Available now and ready for new owners, exceptional 6 bedroom, 6 bath home nestled within one of Midlothian's most desirable neighborhoods on 1.3-acres. Property blends panoramic views, quality craftsmanship, abundant space and a wealth of outdoor amenities including a resort style pool, stocked pond, fishing dock, fire pit. Perfect for those who appreciate privacy, recreation, and the convenience of Midlothian living. Updates include hardwood floors in primary suite, neutral paint and a host of new appliances. Luxury finishes include solid core doors, custom cabinets, massive kitchen island, two stone fireplaces and dual staircases. Open floor plan accommodates gatherings of any size and the oversized pool, hot tub and tanning ledge offer an extraordinary space for hosting family and friends. Emergency generator, storm shelter, newer roof, two tankless water heaters, invisible dog fence. Full features list available.
Apr 13, 2024	No longer available	-
No longer available
Apr 5, 2024	Price Decreased	$1,275,000 ↓ $75K (5.6%)
Price Decreased
Mar 2, 2024	Relisted	$1,349,999
Relisted
Feb 20, 2024	In contract	-
In contract
Jan 3, 2024	Relisted	$1,349,999
Relisted
Jan 2, 2024	No longer available	-
No longer available
Nov 3, 2023	Relisted	$1,349,999
Relisted
Oct 18, 2023	No longer available	-
No longer available
Jul 21, 2023	Price Decreased	$1,349,999 ↓ $1 (0%)
Price Decreased
Jul 9, 2023	Relisted	$1,350,000
Relisted
Jul 8, 2023	No longer available	-
No longer available
Jun 3, 2023	Listed by RE/MAX Associates of Arlington	$1,350,000
Listed by RE/MAX Associates of Arlington

	NEW IMPROVED PRICE! Nestled within one of Midlothian's most desirable neighborhoods, this exceptional 1.3-acre property blends panoramic views, quality craftsmanship, abundant space and a wealth of outdoor amenities. With a stocked pond, fishing dock and fire pit, this home is perfect for those who appreciate privacy, recreation, and the convenience of Midlothian living. This immaculate home has been thoughtfully updated to include hardwood floors in the primary suite, neutral paint and a host of new appliances. Luxury touches abound with solid core doors, custom cabinets, a massive granite kitchen island, two stone fireplaces and dual staircases. The large open floor plan effortlessly accommodates gatherings of any size and the oversized pool, hot tub, tanning ledge and cascading waterfall offer an extraordinary space for relaxation. Other key features include an emergency generator, newer roof, two tankless water heaters, and more. The manager has listed the unit size as 5146 square feet.
Aug 11, 2021	Sold	Premium
Sold
Jun 18, 2021	Listed by RE/MAX Associates of Mansfield	$1,185,000
Listed by RE/MAX Associates of Mansfield

	THIS STUNNING EXECUTIVE PROPERTY IS AN ENTERTAINERS DREAM! INCREDIBLE VIEWS OF 1.3 ACRES WITH A POND AND DOCK IN ONE OF THE MOST DESIRABLE NEIGHBORHOODS IN MIDLOTHIAN. THIS IMMACULATE ONE OWNER HOME HAS BEEN RECENTLY UPDATED WITH LIGHT, NEUTRAL PAINT, SOME NEW APPLIANCES, A NEW ROOF AND TWO NEW TANKLESS WATER HEATERS. THIS OUTSTANDING HOME OFFERS CUSTOM FEATURES THROUGHOUT INCLUDING HANDSCRAPED HARDWOOD FLOORS, A MASSIVE GRANITE KITCHEN ISLAND, SOLID CORE DOORS AND CUSTOM CABINETS, DUAL STAIRCASES, TWO STONE FIREPLACES, OVERSIZED POOL, HOT TUB, TANNING LEDGE, AND WATERFALL. 6 BEDROOMS, 5.1 BATHS, INCLUDING ATTACHED STUDIO APARTMENT, CUSTOM SHED, STORM SHELTER, CEDAR LINED GUN CLOSET AND SO MUCH MORE.

Property Highlights

Garage

Air Conditioning

Fireplace

Building Info

Overview

General

Year Built: 2007

Effective Year Built: 2007
Building Count: 2
Bedroom Count: 5
Bathroom Count: 5
Full Bathrooms: 4
Partial Bathrooms: 5
Building Condition: 0
Building Quality: 0
Construction Type: 0
Building Style: 0
Exterior Walls Type: 3
Interior Walls Type: 3
Roof Shape Type: 7
Roof Cover Type: 3
Floor Count: 200
Floor Cover: 9
Basement Type: 0
Basement Area: 0
Garage Type: 1
Garage Square Area: 1,146
Parking Space Count: 4
Patio Type: 0
Porch Type: 66
Pool Type: 8

Dimensions

Lot Size Square Feet: 57,673

Total Building Area: 6,006
Gross Building Area: 6,663
Building Area: 4,860
Building Area Measurement: L

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 1
Heating: 3
Heated Square Feet: 4,860
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: CRYSTAL FOREST ESTS PH III
Land Acres: 0000001324
Standard Land Use Code: 1001
County Land Use Code: A1
State Land Use Code: A1
Legal Description 1: LOT 20 BLK A CRYSTAL FOREST ESTS PH III 1.324 AC

Neighborhood

School District Name: Midlothian Independent School District

Census Tract: 060801

Geography

Assessors Map Reference: 1078-K

Parcel: 226954
Block: A
Lot: 20
Municipality: MIDLOTHIAN
Latitude: 32.4302
Longitude: -96.9516

Address

Full Address: 5040 Monroe Dr

Address - House Number: 5040
Address - Street Name: Monroe
Address - Suffix Type: Dr
State: TX
City Name: Midlothian
Carrier Code: R019
4-Digit Zip Code: 7085
Zip Code: 76065

Valuation

Tax

Tax Year: 2022

Tax Amount: $1,461,587
Tax Rate Code Area: 354

Appraisal Valuation

Standard Deviation: 0.4948

Valuation Date: Feb 14, 2024
Confidence Score: 1
Final Value: 836,395
High Value: 1,250,291
Low Value: 422,498

Open Liens

Total Open Liens:

Premium

Total Open Liens Amount:

Premium
First Open Lien Mortgage Lender:

Premium
First Open Lien Mortgage Recording Date:

Premium
First Open Lien Mortgage Loan Amount:

Premium
First Open Lien Mortgage Term:

Premium
First Open Lien Mortgage Position:

Premium
First Open Lien Mortgage Loan Type:

Premium
First Open Lien Mortgage Loan Due Date:

Premium

Market Valuation

Market Total Value: $1,050,000

Market Land Value: $140,000
Market Improvement Value: $910,000

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $1,050,000
Assessed Land Value: $140,000
Assessed Improvements Value: $910,000

Sales

Current Sale Contract Date: Aug 10, 2021

Current Sale Recording Date: Aug 12, 2021
Current Sale Price:

Premium
Current Sale Document Type: 70
Current Sale Input Document Number: 2135420
Previous Sale Recording Date: Nov 28, 2006
Previous Sale Contract Date: Nov 22, 2006
Previous Sale Amount: $68,100
Previous Sale Document Type: 70

Last Sale Mortgage

First Mortgage Lender:

Premium

First Mortgage Transaction Date:

Premium
First Mortgage Loan Amount:

Premium
First Mortgage Terms:

Premium
First Mortgage Loan Type:

Premium
First Mortgage Loan Due Date:

Premium

Previous Mortgages

Previous Mortgage Lender:

Premium

Previous Mortgage Transaction Date:

Premium
Previous Mortgage Loan Amount:

Premium
Previous Mortgage Term:

Premium
Previous Mortgage Loan Type:

Premium

Data used for valuation calculations is provided by RealtyHop, and other third party sources

Request mortgage information redaction

Comparables

About Crystal Forest Estates

Stats & Trends

Median Asking:

$702,000

Sale Price/ft²

$215

Below Asking

0.03%

Average Days on Market

101

Average Home Size

4147 ft²

Average Home Age

20.5 years

Currently For Sale

2 Listings

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

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 4029 Clovis Street, Midlothian, TX, 76065

$2,450 /mo

4 Beds
2 Baths
1,653 ft²

4029 Clovis Street, Midlothian, TX, 76065 Listing by Virginia Gaytan

Unit for rent at 4027 Clovis Street, Midlothian, TX, 76065

$2,450 /mo

4 Beds
2 Baths
1,653 ft²

4027 Clovis Street, Midlothian, TX, 76065 Listing by Virginia Gaytan

Unit for rent at 4028 Clovis Street, Midlothian, TX, 76065

$2,450 /mo

4 Beds
2 Baths
1,653 ft²

4028 Clovis Street, Midlothian, TX, 76065 Listing by Virginia Gaytan

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Jennifer Ticer, RE/MAX Associates of Mansfield
Last Updated: 5 months ago
Data Source: NTREIS MLS, MLS# 14602028
Details provided by NTREIS and may not match the public record

5040 Monroe Drive

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Geography

Valuation

Comparables

About Crystal Forest Estates

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions