Property
Beds
9
Full Baths
6
1/2 Baths
2
Year Built
2023
Sq.Footage
N/A
Prime investment opportunity that won't last long! This turnkey Class-A fourplex built in 2023, is located in Venus' highly sought-after Heritage Hills neighborhood, zoned to highly rated Midlothian Schools. Ideally situated just 30 minutes from both Dallas and Fort Worth, this fully stabilized opportunity features four units, a larger 3-bed 2-bath flat on the ground floor, a modern 2-bed 2-bath flat on the second floor and two townhouse-style 2-bed 1.5-bath units. Each unit has a dedicated one-car garage. The interiors boast high-end finishes throughout, including granite kitchen countertops with a tiled backsplash, recessed and pendant lighting over the breakfast bar, upscale wood-look plank tile flooring, upgraded carpet, and a luxurious walk-in master shower. All units are currently leased to long-term tenants at $1,795, $1,695, $1,595, and $1,495 per month, respectively, supported by a strong operating history, a low 2.4% tax rate, and affordable HOA dues of $ 1,500 per year. With major economic drivers such as the $1.6B Google Data Centers project and two nearby hospitals, 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.
Features & Amenities
Interior
-
Other Interior Features
Eat-in Kitchen, Granite Counters, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s)
-
Total Bedrooms
9
-
Bathrooms
6
-
1/2 Bathrooms
2
-
Cooling YN
YES
-
Cooling
Central Air
-
Heating YN
YES
-
Heating
Central, Electric
-
Pet friendly
N/A
Exterior
-
Garage
Yes
-
Garage spaces
4
-
Construction Materials
Stone, Wood Siding, Brick, Stone Veneer
-
Parking
Garage, Attached
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Features
Cleared
-
Lot Size(acres)
0.18
-
Property Type
Residential Income
-
Property Sub Type
Quadruplex
Price
-
Sales Price
$845,000
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
Yes
-
Association Fee
$1,800
-
Association Fee Frequency
Annually
-
Association Fee Includes
N/A
School District
-
Elementary School
Vitovsky
-
Middle School
Frank Seales
-
High School
Heritage
Property Features
-
Foundation Details
Slab
-
Sewer
Public Sewer
-
Tax Lot
6
-
Water Source
Public
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Location
County
Ellis
Elementary School
Vitovsky
Middle School
Frank Seales
High School
Heritage
Listing Courtesy of Erion Shehaj , Signature Real Estate
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