925 Walter Stephenson Rd Midlothian, TX 76065
Estimated payment $5,981/month
Highlights
- 9.25 Acre Lot
- Partially Wooded Lot
- 1-minute walk to Midlothian Dog Park
- Irvin Elementary School Rated A-
About This Lot
This 9.2-acre site is zoned for up to 18 units per acre, allowing for substantial unit density to support a scalable multifamily development. Located in the fast-growing city of Midlothian, the property offers a strong combination of zoning flexibility, market demand, and logistical access.
Positioned within minutes of Midlothian’s Downtown Square and with direct access to US Highway 67 and 287, the site offers efficient connectivity to the DFW Metroplex. Dallas is approximately 30 minutes away, making this location attractive for renters seeking suburban living with access to urban employment centers, vibrant dining, nightlife, and cultural amenities of Dallas.
The terrain is gently sloped, creating the potential for upper-story units with unobstructed views—an added value proposition for future tenants. Midlothian is served by a highly rated school district, and the area continues to attract a mix of young professionals, families, and downsizers.
This parcel represents a practical, high-upside investment in one of North Texas’ most active residential growth corridors. Ideal for developers targeting suburban multifamily demand with proximity to major employment and infrastructure.
Listing Agent
Your Home Sold Guaranteed Realty Brokerage Phone: 817-528-9114 License #0578753 Listed on: 06/13/2025
Property Details
Property Type
- Land
Est. Annual Taxes
- $800
Lot Details
- 9.24 Acre Lot
- Partially Wooded Lot
- Many Trees
- Zoning described as multifamily
Location
- City Lot
Schools
- Larue Miller Elementary School
- Midlothian High School
Community Details
- J W Kizziar Subdivision
Listing and Financial Details
- Assessor Parcel Number 186640
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $807 | $2,972,423 | $2,972,423 | -- |
| 2024 | $807 | $40,000 | $40,000 | -- |
| 2023 | $807 | $40,000 | $40,000 | $0 |
| 2022 | $896 | $40,000 | $40,000 | $0 |
| 2021 | $237 | $10,000 | $10,000 | $0 |
| 2020 | $252 | $10,000 | $10,000 | $0 |
| 2019 | $2,566 | $98,000 | $0 | $0 |
| 2018 | $1,182 | $44,750 | $0 | $0 |
| 2017 | $556 | $20,890 | $0 | $0 |
| 2016 | $318 | $11,930 | $0 | $0 |
| 2015 | -- | $11,930 | $0 | $0 |
| 2014 | -- | $11,930 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/13/2025 06/13/25 | For Sale | $1,110,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Listed On Document |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $62,000 | No Value Available | |
| Open | $282,000 | New Conventional | |
| Previous Owner | $430,000 | Construction |
Source: North Texas Real Estate Information Systems (NTREIS)
MLS Number: 20968331
APN: 186640
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Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2025. All rights reserved
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