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1029-1031 Skyview Court

Midlothian, TX 76065

$525,000 Pending

2 units · 2018

Units2
Building area2,504 sq ft
Year built2018
Gross income$46,500/yr
Cap rate5.82% as listed
Parking2 spaces
Lot size0.18 acres
TypeDuplex

What it costs to own

Taxes$11,690 per year
HOA$600 per year · Skyview Addition POA
HOA fee coversMaintenance Grounds
Operating expenses$17,324 per year — as listed
Insurance$1,719 per year — as listed
Net operating income$30,556 per year — as listed

Taxes shown reflect the current owner's exemptions and may change after purchase.

About this home

Premier investment opportunity with this turnkey Class A duplex located in Midlothian’s highly sought-after Skyview neighborhood. Ideally situated just 30 minutes from both Dallas and Fort Worth, this fully stabilized opportunity features two units, each with a spacious 3-bedroom, 2-bath layout, a 2-car garage, and a private, fenced backyard. The interiors boast high-end finishes throughout, including granite kitchen countertops with a tiled backsplash, upscale wood-look plank tile flooring, upgraded carpet, and a luxurious walk-in master shower. Both units are currently leased, one at $1,950 per month and $1,925 per month, supported by a strong operating history, and a low 2.03% tax rate. With major economic drivers like the Google Data Centers project and two hospitals nearby, plus excellent property management in place and willing to stay on, this asset is primed for continued growth; ask about available DSCR financing with a 10-year interest-only option to maximize your cash flow.

The details

HeatingElectric
CoolingCeiling Fan(s), Central Air
FlooringCarpet, Ceramic Tile, Tile
AppliancesElectric Cooktop, Electric Oven, Microwave
Interior featuresGranite Counters, Open Floorplan, Pantry, Walk-In Closet(s)

Construction materialsBrick, Siding
RoofComposition, Shingle
FoundationSlab

Lot featuresSubdivided
FencingBack Yard, Wood
Water sourceCity Water
SewerCity Sewer

SubdivisionSkyview Add

ElementaryIrvin
Middle schoolFrank Seale
High schoolMidlothian
DistrictMidlothian ISD

Gross income$46,500 per year
Operating expenses$17,324 per year
Operating includesMaintenance, Professional Management, Vacancy Allowance
Insurance$1,719 per year
Cap rate5.82% — as listed
Net operating income$30,556 per year

MLS #21373655
Source
On the market33 days
CountyEllis

Around this home

One moment…

Everyday life

Nearest groceryWalmart Supercenter · 0.8 mi
Nearest parkCity Of Midlothian Dog Park · 0.3 mi

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Listing courtesy of Signature Real Estate — Erion Shehaj.

Robert LewisStephen LewisRobert & StephenInk Realty Group

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Listing data provided by the North Texas Real Estate Information Systems (NTREIS). MLS #21373655. Information last updated October 26, 2026.

Based on information submitted to the MLS as of the date above. All data is obtained from various sources and may not have been verified by the broker or NTREIS. Supplied data is for the viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing.

Ink Realty Group is brokered by eXp Realty.

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