8 unit small apartment complex in popular Midlothian, TX. Includes two buildings 604 and 608. Each unit has been rehabbed. 100% occupied . Right behind Midlothian High School. Rent is below market value.
Great investment and income opportunity to own 8 fully occupied units in great location. Sq. ft. and income expense numbers are totals for both units. This investment property has solidly performed over the years and it will not be on the market long. Minutes from historical downtown area, restaurants and shopping. Don't miss this great income producing property.
NTREIS #11538578
Oct 21, 2011
Listing Removed
—
Oct 1, 2011
Listing Removed
—
Feb 3, 2011
Listed
$500,000
$587/sq ft
Year
Property tax
Land + Additions
Assessment*
2026
$16,158 (+1.1%)
$418,275 + $391,725
$810,000
2025
$15,980 (−15.9%)
$418,275 + $382,833
$801,108
2024
$19,008 (+14.9%)
$418,275 + $531,725
$950,000
2023
$16,543 (−4.7%)
$418,275 + $395,942
$814,217
2022
$17,364 (−1.1%)
$410,074 + $364,926
$775,000
2021
$17,564 (+20.3%)
$77,690 + $664,570
$742,260
2020
$14,606 (+1.5%)
$59,810 + $547,500
$607,310
2019
$14,387 (−3.9%)
$56,960 + $514,970
$571,930
2018
$14,978 (+49.0%)
$56,960 + $514,970
$571,930
2017
$10,052 (+4.2%)
$56,960 + $323,600
$380,560
2016
$9,648
$56,960 + $323,600
$380,560
2015
$9,648 (+40.8%)
$56,960 + $305,520
$362,480
2013
$6,854 (+1.4%)
$39,870 + $196,280
$236,150
2012
$6,761 (−2.8%)
$39,870 + $222,570
$262,440
2011
$6,956 (+3.5%)
$39,870 + $227,970
$267,840
2010
$6,723
2009
$6,723
Tax history for 604 Walter Stephenson Rd
Year
Property tax
Land + Additions
Assessment*
2026
$16,158 (+1.1%)
$418,275 + $391,725
$810,000
2025
$15,980 (−15.9%)
$418,275 + $382,833
$801,108
2024
$19,008 (+14.9%)
$418,275 + $531,725
$950,000
2023
$16,543 (−4.7%)
$418,275 + $395,942
$814,217
2022
$17,364 (−1.1%)
$410,074 + $364,926
$775,000
2021
$17,564 (+20.3%)
$77,690 + $664,570
$742,260
2020
$14,606 (+1.5%)
$59,810 + $547,500
$607,310
2019
$14,387 (−3.9%)
$56,960 + $514,970
$571,930
2018
$14,978 (+49.0%)
$56,960 + $514,970
$571,930
2017
$10,052 (+4.2%)
$56,960 + $323,600
$380,560
2016
$9,648
$56,960 + $323,600
$380,560
2015
$9,648 (+40.8%)
$56,960 + $305,520
$362,480
2013
$6,854 (+1.4%)
$39,870 + $196,280
$236,150
2012
$6,761 (−2.8%)
$39,870 + $222,570
$262,440
2011
$6,956 (+3.5%)
$39,870 + $227,970
$267,840
2010
$6,723
2009
$6,723
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
—
Baths
3.5
Stories
2
Lot width
—
Lot depth
120 ft.
Lot size
0.52 Acres
Year renovated
—
Sq. Ft.
1,705
Year built
1984
Style
Other
County
Ellis County
APN
000000166542
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 21, 2026.
PD
Planned Developments District
Planned Developments PD’s are customized zoning districts intended to accommodate unified design of residential, commercial, office, professional services, retail and institutional uses and facilities or combinations thereof, in accordance with an approved development plan. PD’s are designed to permit flexibility and encourage a more creative, efficient and aesthetically desirable design and placement of buildings, open spaces, circulation patterns and parking facilities in order to best utilize special site features of topography, size or shape. PD’s will only be permitted to occur on parcels of land that contains three acres or more, provided, however, Urban Village Planned Developments may be approved for parcels of land that are five thousand seven hundred sq ft in area or larger. It is not intended to be solely or merely a method of avoiding area restrictions required in other straight zoned districts