See Home Value
$590,000
● House - Off Market

5251 Redwood Lane

Midlothian, TX 76065
bedrooms
4 Beds
bathrooms
2 Baths, 2 Half Baths
square feet
3,786 Ft²
$2,709
Est. Monthly
$8
HOA / Fees
5.65%
Cap Rate

About This Property

*Home is now WELL below market value. Seller is motivated and we want a contract from a serious buyer. Multiple offers as of 4.25 Please submit asap if interested* Brand new Class 3 shingle roof and gutters as of Feb. 27th! No insurance concerns with this new roof! Freshly painted walls, cabinets, and baseboards along with new LVP flooring flow throughout the first floor of this sprawling gorgeous home! Zoned for Heritage High School, this home sits in a perfect, well-maintained neighborhood with NO HOA!  Upstairs you'll find a large media room that can be used as a 4th bedroom and half bath up could easily become a full, and completely transform the space if that's what you need! If not, enjoy this massive flex space with the most plush carpet and abundance of storage! Check out the floor plan to imagine all your options! Seller has also had spray foam added to duct-work to increase energy efficiency for HVAC system along with radiant barrier in the attic. Downstairs, the backyard is ready and waiting for you! Whether you're looking for your own peaceful retreat or the perfect location to entertain, this is it! With a large yard, pool and covered outdoor kitchen, you are all set! Don't forget the large storage building with roll top door for all your storage or shop needs. The spacious and extended (perfect for those big trucks!) 3 car garage combined with oversized driveway and the fact that it is a corner lot gives you all the space you need. The memories await, so come see this amazing property soon! Seller has chosen to do a significant price improvement to allow us to compete with new construction. You won't find this backyard oasis with that new build though so don't miss this opportunity!
Unit Size
3,786 Ft²
Days on Market
-
Land Size
0.57 acres
Price per sqft
$145
Property Type
House
Property Taxes
-
HOA Dues
$8
Year Built
2003

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Cap Rate Calculator

Last updated: 2 years ago (NTREIS #20823421)

Price History

Date / Event Date Event Price
Jun 5, 2025 Sold
Sold
Jan 21, 2025 Listed by Keller Williams Realty-FM $550,000
Listed by Keller Williams Realty-FM
Dec 11, 2024 Withdrawn -
Withdrawn
Oct 23, 2024 Listed by Keller Williams Realty-FM $709,000
Listed by Keller Williams Realty-FM
Don't miss this gorgeous sprawling home in Midlothian zoned for Heritage! Freshly painted walls, cabinets, and baseboards along with new LVP flooring flow throughout the entire first floor! Media room upstairs is used as a 4th bedroom and half bath up could easily become a full and completely transform the space if that's what you need! If not, enjoy this massive flex space with the most plush carpet and excess of storage! Check out the floor plan to imagine all your options! Seller has had spray foam added to duct-work to increase energy efficiency for HVAC system along with radiant barrier in the attic. Excellent closet space in this house. The backyard here is ready and waiting for you! Whether you're looking for your own peaceful retreat or the perfect location to entertain, this is it! With a large yard, pool & spa combo, and covered outdoor kitchen, you are all set! Don't forget the large storage building for all your storage or shop needs. The spacious 3 car garage combined with oversized driveway and the fact that it is a corner lot, you have all the space you need to accommodate all your family and guests during all your gatherings. The memories await!

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Building Count: 2
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • 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: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 999
  • Parking Space Count: 4
  • Patio Type: 20
  • Porch Type: 6
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 24,838
  • Total Building Area: 4,785
  • Gross Building Area: 4,993
  • Building Area: 3,786
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 3,786
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TWIN CREEKS #4
  • Land Acres: 0000000570
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: LOT 8 BLK 12 TWIN CREEKS #4

Neighborhood

  • School District Name: Midlothian Independent School District
  • Census Tract: 060211

Geography

  • Assessors Map Reference: 1029-J
  • Parcel: 221332
  • Block: 12
  • Lot: 8
  • Municipality: MIDLOTHIAN
  • Latitude: 32.4793
  • Longitude: -96.9264

    Address

  • Full Address: 5251 Redwood Ln
  • Address - House Number: 5251
  • Address - Street Name: Redwood
  • Address - Suffix Type: Ln
  • State: TX
  • City Name: Midlothian
  • Carrier Code: R003
  • 4-Digit Zip Code: 7217
  • Zip Code: 76065

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,181,901
  • Tax Rate Code Area: 354

    Appraisal Valuation

  • Standard Deviation: 0.2407
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 66
  • Final Value: 548,461
  • High Value: 680,503
  • Low Value: 416,419

    Market Valuation

  • Market Total Value: $690,067
  • Market Land Value: $132,000
  • Market Improvement Value: $558,067

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $552,038

    Sales

  • Current Sale Contract Date: Aug 21, 2017
  • Current Sale Recording Date: Aug 24, 2017
  • Current Sale Price:
  • Current Sale Document Type: 40
  • Current Sale Input Document Number: 1724278
  • Previous Sale Recording Date: Nov 20, 2006
  • Previous Sale Contract Date: Nov 15, 2006
  • Previous Sale Amount: $320,200
  • Previous Sale Document Type: 70
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

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

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Frequently Asked Questions

When was property at 5251 Redwood Lane built and last sold?
The property at 5251 Redwood Lane was built in 2003 and last sold on Aug 21, 2017 for $343,800.
How much is this home worth?
The estimated value of the home located at 5251 Redwood Lane is $0.
What are some comparable homes to 5251 Redwood Lane?
There are currently no comparable homes to 5251 Redwood Lane.