Apartment Building with Additional
For Sale
$675,000
3841 Ledgestone Ln, Midlothian, TX 76065
Four tenant-occupied residences accompany a converted shop unit, office, shed, and substantial on-site parking.
Property Size3,842 SF
Lot Size1.40 Acres
Price / SF$175.69
Days on Market41
Property Features for 3841 Ledgestone Ln
General Information
Standard status
Active
Size
3,842 SF
Lot size
1.40 Acres
Property subtype
Multi-Family
Occupancy
100%
Additional Details
Gross Income
$67,800
Utilities to Site
Yes
Multifamily Units
4
Building Details
Year Built
2007
Construction
SIPs
Tenancy
Multi
Listing Agency:
RE/MAX FRONTIER
(469) 846-0123
Listed By:
Jada Greenwood · License #0662664
Source:
Dfwsouth
Added: Jul 21
Changed: Aug 29
Last Checked: Aug 29 at 8:23PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX FRONTIER
Investment Insights
Based on property information with market context.
Located at 3841 Ledgestone Ln in Midlothian, this apartment property contains 3,842 square feet and was built in 2007. The main improvements comprise a four-unit residential building with varied layouts. Structural Insulated Panels (SIPs) are used in the walls and ceilings, supporting energy efficiency and sound separation between living areas.
A 24-by-48-foot shop adds flexible space to the property. Most of the shop has been converted into a fifth residence with one bedroom, one bathroom, a kitchenette, and a living room. The remaining portion serves as an office with a separate entrance. Electrical service includes 100 amp, 220-volt power. The site covers 1.4 acres and includes a shed and ample parking. Access includes an easement over a neighbor-owned driveway.
A 24-by-48-foot shop adds flexible space to the property. Most of the shop has been converted into a fifth residence with one bedroom, one bathroom, a kitchenette, and a living room. The remaining portion serves as an office with a separate entrance. Electrical service includes 100 amp, 220-volt power. The site covers 1.4 acres and includes a shed and ample parking. Access includes an easement over a neighbor-owned driveway.
Key Highlights
- 3,842‑square‑foot apartment property on 1.4 acres
- Four‑unit apartment building with four tenants in place
- 24x48 shop with most of the space converted to a 5th unit
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
371
Businesses Nearby
Explore this area
Business Placement
Demographics for 76065, TX
42,827
Population
15,081
Households
2.8
Avg Household Size
37
Median Age
36%
College-Educated
92%
High-School Grad
100.9 sq mi
ZIP Area
424
Density / Sq Mi
$123,664
Median Household Income
$61,420
Median Earnings
$1,873
Median Rent
$378,600
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Apartment building - Four tenant-occupied residences accompany a converted shop unit, office, shed, and substantial on-site parking.
Where is this apartment building located?
The property is located at 3841 Ledgestone Ln Midlothian, TX.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: 3,842‑square‑foot apartment property on 1.4 acres; Four‑unit apartment building with four tenants in place; 24x48 shop with most of the space converted to a 5th unit
