Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Land in Ashford Estates Title is generated by Realmo AI

    Lane lot 1, Midlothian, TX 76065

    View on Map
    Claim this Listing
    Pending
    $275,000

    LAND - Midlothian, TX

    Lot size:
    2.01 Acres
    Added:
    Jan 15, 2026
    Days on Market:
    139
    Last Refresh:
    Jun 3 at 7:06 am

    Property Features for Lane lot 1

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Pending
    Lot size
    2.01 Acres

    Taxes and HOA fees

    Tax Description
    Lot 1 Block B Ashford Estates
    Tax Annual Amount
    118

    We can help!

    Listing Contact
    Sara Glass

    Listing agent Sara Glass License #0833557

    Listing office RE/MAX FRONTIER MIDLOTHIAN, TX

    Listing date Jan 15, 2026

    MLS# 21144515 Listing URL

    Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Build your dream home in the highly sought‑after Ashford Estates.
    • Conveniently located: 2 minutes from Midlothian Community Park.
    • Excellent location for families: Less than 5 minutes to LaRue Miller Elementary and Dietrich Middle School.
    • Easy commute to DFW and the International Airport.
    • Spacious lot offering tranquility and convenience.
    • Rare opportunity to create a custom home in a premier location.

    Overview

    This is an unimproved lot located in Ashford Estates. The property is a spacious 2.005-acre lot, offering a blend of tranquility and convenience. The lot is located near Midlothian Community Park, providing access to walking trails, sports facilities, family-friendly outdoor spaces, and community events. LaRue Miller Elementary and Dietrich Middle School are less than a 5-minute drive away. Ashford Estates is a 32-lot subdivision currently under construction and is expected to be completed in February of 2026. This lot presents an opportunity to create a custom home.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Midlothian
    County
    Ellis
    State
    Texas
    Longitude
    -96.9638624
    Latitude
    32.4804629

    Nearby Similar for Sale

    • $799,999
      3,842 SF

      Turnkey 5-Plex with SIP Construction

      Well-maintained 5-plex with in-place tenants and SIP walls/ceilings designed for energy efficiency and sound resistance.
      3841 Ledgestone Lane, Midlothian, TX 76065
      View Details
    • $1,400,000

      High-Visibility Commercial Land

      A prime highway-front site with direct driveway access, offering strong visibility for future commercial development.
      2875 E Hwy 287, Midlothian, TX 76065
      View Details
    • $3,270,000

      Industrial Warehouse and Yard Facility

      Warehouse and office buildout with fenced yard and 3-phase power, ready for industrial and contractor-driven operations.
      4331 Cement Valley RD, Midlothian, TX 76065
      View Details
    • $699,000

      New Construction Duplex Investment

      Two one-level units with covered patios and fenced yards, under construction for a turnkey, income-focused opportunity.
      6609-6611 Florence Drive, Midlothian, TX 76065
      View Details
    • $699,000

      Luxury Duplex Under Construction

      New luxury duplex with two 4-bedroom units, each with covered patio and fenced backyard, slated for late-2026 delivery.
      6616-6618 Florence Drive, Midlothian, TX 76065
      View Details
    • $699,000

      New Construction Luxury Duplex

      Two one-story units with covered patios and fenced yards, under construction for 2026 delivery.
      6625-6627 Florence Drive, Midlothian, TX 76065
      View Details
    • $699,000

      New Construction Luxury Duplex

      Two one-level units with covered patios and fenced backyards; completion estimated Nov–Dec 2026.
      6487-6489 Florence Drive, Midlothian, TX 76065
      View Details
    • $699,000

      Luxury Duplex Investment Property

      Turnkey, fully leased duplex with single-story layouts, covered patios, fenced yards, and immediate income positioning.
      6802-6804 Florence Drive, Midlothian, TX 76065
      View Details
    • $699,000

      Luxury Duplex Investment Property

      New-construction duplex with covered patios, fenced yards, and a one-acre lot, suited for investors or owner-occupants.
      4059-4061 Clovis Court, Midlothian, TX 76065
      View Details
    • $699,000

      Luxury Duplex Under Construction

      Two one-level residences with covered patios and fenced backyards, scheduled for completion in Aug–Sep 2026.
      6600-6602 Florence Drive, Midlothian, TX 76065
      View Details
    • $1,700,000

      Industrial-Adjacent Land Tract

      Raw land near an industrial park with planned subdivision access, offering redevelopment potential for light industrial or commercial uses.
      Eastgate Road, Midlothian, TX 76065
      View Details
    • $699,000

      New Construction Luxury Duplex

      Under construction two-unit luxury duplex with covered patios and fenced backyards, designed for strong rental demand.
      6632-6634 Florence Drive, Midlothian, TX 76065
      View Details

    FAQs

    What type of property is this?
    Land - Unimproved lot in up-and-coming Ashford Estates. Build your dream home.
    Where is this land located?
    The property is located at Lane lot 1 Midlothian, TX.
    What is the asking price?
    The asking price for this property is $275,000.
    What are key features of this property?
    This property features: Build your dream home in the highly sought‑after Ashford Estates.; Conveniently located: 2 minutes from Midlothian Community Park.; Excellent location for families: Less than 5 minutes to LaRue Miller Elementary and Dietrich Middle School.
    (469) 846-0123
    We can help!
    Listing Contact
    Sara Glass
    Real Estate License ID: 0833557
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    Lane lot: 1, Midlothian, TX 76065
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!