Next Level Realty

701-703-705-707 Harvest Moon Drive

Venus, TX 76084

MLS#: 21192780

$845,000

Status: Active
Listing number: 21192780
Listing provided by: Signature Real Estate
Listing agent phone: None
Last update: N/A
On site: a month ago
Browse Properties
Heritage Hill Estates - Residential Income

Property

Beds

9

Full Baths

6

1/2 Baths

2

Year Built

2024

Sq.Footage

4,889

PERFECT FOR 1031 EXCHANGE! Prime opportunity to invest in this 100% occupied, like-new luxury fourplex in the scorching hot DFW market. Fantastic location near Google's $1.6B Data Centers and within a 30-minute drive to both Dallas and Fort Worth. Ellis County has experienced explosive population growth in the last decade and is expected to grow by 200% by 2050. This investment property is zoned to great Midlothian schools, attracting quality long-term tenants. The fourplex features a diverse unit mix: one 3BR-2BA flat unit leased for $1795, one 2BR-2BA flat unit leased for $1695, and two townhouse-style 2BR-1.5BA units leased for $1495 and $1595, each with its own one-car garage - a highly desirable tenant amenity. With Class A finishes throughout, the property has an excellent operating history with minimal vacancy and turnover. This property offers an excellent balance of immediate cash flow and long-term appreciation potential, backed by the DFW market's continued economic growth.

Features & Amenities

Interior

  • Other Interior Features

    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 Size(acres)

    0.18

  • Lot Size(square feet)

    7840.8

  • 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

    19

  • 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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PERFECT FOR 1031 EXCHANGE! Prime opportunity to invest in this 100% occupied, like-new luxury fourplex in the scorching hot DFW market. Fantastic location near Google's $1.6B Data Centers and within a 30-minute drive to both Dallas and Fort Worth. Ellis County has experienced explosive population growth in the last decade and is expected to grow by 200% by 2050. This investment property is zoned to great Midlothian schools, attracting quality long-term tenants. The fourplex features a diverse unit mix: one 3BR-2BA flat unit leased for $1795, one 2BR-2BA flat unit leased for $1695, and two townhouse-style 2BR-1.5BA units leased for $1495 and $1595, each with its own one-car garage - a highly desirable tenant amenity. With Class A finishes throughout, the property has an excellent operating history with minimal vacancy and turnover. This property offers an excellent balance of immediate cash flow and long-term appreciation potential, backed by the DFW market's continued economic growth.

701-703-705-707 Harvest Moon Drive

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