3841 Ledgestone Ln

$799,999
Price
3,842 Sq. Ft.
$208 / Sq. Ft.
3,842
Sq. Ft.
$208
per Sq. Ft.

Description

Attention investors! Looking to add to your portfolio before the year is over? I've got an incredible opportunity for you. This well-maintained 4-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...Attention investors! Looking to add to your portfolio before the year is over? I've got an incredible opportunity for you. This well-maintained 4-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 featuring 3 doors that are 8 feet tall and 100 amp 220 Volt for electric. Shop also includes a fifth living quarters with 1 bedroom and 1 bath. The shop and 5th unit are not calculated into the rental income already being brought in, so this lease amount would be in ADDITION to the $66,600 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!
  1. Listed by Jada Greenwood • TREC #0662664 • RE/MAX Frontier • 612-597-6102

Property Details for 3841 Ledgestone Lane

Subdivision Name
Duvall Place Add Rev
Pool
No
Garage Spaces
3
Number Of Parking Spaces
10
LISTING UPDATED: 11/30/2025 08:12 PM

Property Details for 3841 Ledgestone Lane

StatusActive
MLS #21074365
Days on Market99
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fourplex
Year Built2007
Lot Size1.44 AC / 62,813 SF
CountyEllis County

Location

Listing Courtesy of RE/MAX Frontier, Jada Greenwood
Add your commute

Building Information for 3841 Ledgestone Lane

Stories1Residences5Year Built2007Building Size-Lot Size1.44 AC / 62,813 SF

Payment Calculator

$5,102 per month

30 year fixed, 6.15% Interest

Principal and Interest

$3,899

Property Taxes

$1,203

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3841 Ledgestone Lane

Summary
Location and General Information
  • Complex Name: n/a
  • Directions: Mt Zion to Ledgstone. Property is down on on the right just before Plainview
  • Elementary School: Larue Miller
  • Elementary School Name: Larue Miller
  • High School: Midlothian
  • High School Name: Midlothian
  • Middle School: Dieterich
  • Senior Community Yes/No: No
  • Year Built Details: New Construction - Complete
  • School District: Midlothian ISD
  • Geocode Confidence: High
  • Latitude: 32.44
  • Longitude: -96.96
  • State: Texas
Parking
  • Garage Length: 24
  • Garage Width: 36
  • Parking Features: Additional Parking, Driveway, Gravel, No Garage, Oversized
  • Carport Spaces: 0
  • Attached Garage: No
  • Parking Spaces Covered Total: 3
  • Garage Height: 0
  • Garage: Yes
Taxes and HOA Information
  • Tax Legal Description: LOT 4R-A-1 DUVALL PLACE ADDN REV 1.442 AC
  • Association Type: None
  • Special Taxing Entities: No
  • Tax Lot: A
Virtual Tour
Interior and Exterior Features
Interior Features
  • Fireplaces Total: 0
  • Flooring: Carpet, Laminate, Luxury Vinyl Plank
  • Heating: Electric, Other
  • Interior Features: Built-in Features, Cable TV Available, Decorative Lighting, Eat-in Kitchen, High Speed Internet Available
  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator
  • Basement: No
  • Cooling: Ceiling Fan(s), Electric, Multi Units, Window Unit(s), Other
  • Living Area: 3842.0
  • Smart Home Features Appor Pass Y: No
  • Window Features: Window Coverings
Exterior Features
  • Building Area Source: Appraiser
  • Construction Materials: Siding
  • Exterior Features: Covered Patio/Porch, Storage
  • Fencing: Chain Link
  • Foundation Details: Slab
  • Number Of Stories: 1
  • Roof: Metal
  • Waterfront: No
  • Horse Permitted: No
  • Number Of Units Total: 5
  • Patio And Porch Features: Covered
  • Levels: One
Property
Utilities
  • Green Energy Efficient: Insulation, Roof
  • Utilities: City Water, Concrete, Electricity Available, Individual Water Meter, Septic
Property and Assessments
  • Accessory Unit Type: Accessory Dwelling Unit (ADU)
  • Accessory Unit: Yes
  • Accessory Unit Square Feet: 1161
  • Financing Proposed: Cash, Contact Agent, Conventional, Owner Will Carry
  • Handicap: No
  • Loan Type: Treat As Clear
  • Property Match: APN
Lot Information
  • Lot Features: Acreage
  • Lot Size Acres: 1.442
  • Lot Size Area: 1.442
  • Lot Size Source: Public Records
  • Lot Size Units: Acres
  • Lot Size Square Feet: 62813.52
  • Multi Parcel ID: No
  • Parcel Number: 202093
Green Features
  • Green Water Conservation: Green Infrastructure
Multi Family
Multi-Family Information
  • Number Of Buildings: 3
  • Capitalization Rate: 6.21%
  • Gross Annual Expenses: $16,923
  • Gross Annual Income: $66,600
  • Insurance Expense: $4,432
  • Total Annual Expenses Include: Insurance, Utilities, Water/Sewer
  • Net Operation Income: $49,677.00
Unit 1
  • Approximate SQFT: 866.0
  • Average Lease Amount: $1,800.00
  • Living Area Length: 0.0
  • Living Area Width: 0.0
  • Number Of Baths Full: 1
  • Number Of Baths Half: 0
  • Unit Type Type: 1 Bedroom
  • Unit Type Units Total: 1
Unit 2
  • Approximate SQFT: 1397.0
  • Average Lease Amount: $1,500.00
  • Living Area Length: 0.0
  • Living Area Width: 0.0
  • Number Of Baths Full: 1
  • Number Of Baths Half: 0
  • Unit Type Type: 1 Bedroom
  • Unit Type Units Total: 2
Unit 3
  • Approximate SQFT: 1120.0
  • Average Lease Amount: $1,500.00
  • Living Area Length: 0.0
  • Living Area Width: 0.0
  • Number Of Baths Full: 1
  • Number Of Baths Half: 0
  • Unit Type Type: 1 Bedroom
  • Unit Type Units Total: 3
Unit 4
  • Approximate SQFT: 459.0
  • Average Lease Amount: $750.00
  • Living Area Length: 0.0
  • Living Area Width: 0.0
  • Unit Type Type: 1 Bedroom
  • Unit Type Units Total: 4
Unit 5
  • Approximate SQFT: 288.0
  • Average Lease Amount: $350.00
  • Living Area Length: 0.0
  • Living Area Width: 0.0
  • Unit Type Type: 1 Bedroom
  • Unit Type Units Total: 5

Property History for 3841 Ledgestone Lane

DateEvent & SourcePriceAppreciation
Oct 1, 2025

Listed (Active)

NTREIS #21074365

$799,999
DateEvent & SourcePrice
10/01/2025

Listed (Active)

NTREIS #21074365

$799,999

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 3841 Ledgestone Lane

Taxable ValueLand$170,000Additions$581,342Total$751,342
Tax Record2024$14,438 ($1,203 / month)
Home Facts
Total Finished SqFt3,780 SqFtAbove Grade Finished SqFt3,780 SqFtStories1Lot Size62,814 SqFtStyleMulti-Family Dwelling (2-4)Year Built2007CountyELLISAPN54.3562.000.004.00.108

Schools near 3841 Ledgestone Lane

This home is within Midlothian Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 8
Rating
School
Distance
Larue Miller Elementary School
PublicPK to 5

Frank Seale Middle School
Public6 to 8

Midlothian High School
Public9 to 12

Earl & Marthalu Dieterich Middle
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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3841 Ledgestone Lane is a multi-family home for sale in Midlothian, TX 76065. This property was listed for sale on October 1, 2025 by RE/MAX Frontier, it's currently listed at $799,999. This listing's school district is Midlothian Independent School District. Nearby schools include Larue Miller Elementary School, Frank Seale Middle School and Midlothian High School. 3841 Ledgestone Lane is a 5-bed, 5-bath, 3,842 sqft multi-family home built in 2007.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Frontier, Jada Greenwood

The information being provided by North Texas Real Estate Information Systems (NTREIS) and Greater Tyler Association of REALTORS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. This website may reference real estate listing(s) held by a brokerage firm other than Compass. Any information relating to real estate for sale in Dallas, Texas comes from NTREIS. Listings marked with an icon are provided courtesy of the NTREIS Internet Data Exchange database. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be verified through personal inspection by and/or with appropriate professionals.The data contained herein is copyrighted by NTREIS and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 North Texas Real Estate Information Systems. All rights reserved. Date last updated: 11/30/2025 08:12 PM