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Investment Highlights

  • PRIME MIDLOTHIAN, TEXAS LOCATION
  • 5-UNIT MULTI FAMILY OPPORTUNITY
  • STRONG RENTAL HISTORY

Executive Summary

ATTENTION INVESTORS!!! OWNER FINANCING AVAILABLE!!! Looking to add to your portfolio? I've got an incredible opportunity for you. This well-maintained 5-plex offers a total of 3,842 sq. ft., built in 2007, and sits on 1.4 acres in a peaceful, highly desirable location. With four fantastic tenants already in place, this is a true turnkey opportunity. Each unit is slightly different in layout and design, with walls and ceilings constructed of Structural Insulated Panels (SIPs) — providing superior energy efficiency to save on electric bills and excellent sound resistance for quiet, comfortable living. The property features ample parking, a shed, and a 24x48 shop. The majority of the shop has recently been converted to a 5th unit featuring 1 bedroom 1 bathroom kitchen and living room. Part of the shop is being used for an office with it's own separate entrance. Great for a business office There is 100 amp 220 Volt for electric. The 5th unit are not calculated into the rental income already being brought in, so this lease amount would be in ADDITION to the $70,200 per year that is already being brought in. The driveway owned by the neighbor and there is an easement With its prime Midlothian location, peaceful surroundings, and STRONG rental history, this is the investment you’ve been waiting for!

Financial Summary (Actual - 2025)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $99,699 $25.95
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,699 $25.95
Taxes - -
Operating Expenses - -
Total Expenses $30,329 $7.89
Net Operating Income $69,370 $18.06

Financial Summary (Actual - 2025)

Gross Rental Income (CAD)
Annual $99,699
Annual Per SF $25.95
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $99,699
Annual Per SF $25.95
Taxes (CAD)
Annual -
Annual Per SF -
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $30,329
Annual Per SF $7.89
Net Operating Income (CAD)
Annual $69,370
Annual Per SF $18.06

Property Facts

Price $958,642 CAD
Price Per Unit $191,728 CAD
Sale Type Investment
Cap Rate 7.36%
Sale Condition Business Value Included
No. Units 5
Property Type Multifamily
Property Subtype Apartment
Building Class C
Lot Size 1.41 AC
Building Size 3,842 SF
No. Stories 1
Year Built 2007
Parking Ratio 1.3/1,000 SF
Not walkable
10/100
Exceptionally drivable
90/100
Somewhat bikeable
20/100

Property Taxes

Property Taxes

Parcel Number
202093
Land Assessment
$241,436 CAD
Improvements Assessment
$825,628 CAD
Total Assessment
$1,067,063 CAD
  • Listing ID: 40710636

  • Date on Market: 2026-05-29

  • Last Updated:

  • Address: 3841 Ledgestone Ln, Midlothian, TX 76065

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