Thank you
Erion Shehaj
Signature Real Estate
713-952-3200
Prime opportunity to invest in a Class-A new construction luxury fourplex in scorching hot DFW market. Builder's Preferred Lender offers below market fixed rate financing in the low to mid 5s plus get Owner's title policy paid by Builder when using preferred Lender. Very strong tenant demand and established leasing market. This fourplex is to be built and is estimated to be complete by Jan-Feb 2024. Fantastic location across near Google's $600M Data Center. Ellis County has experienced explosive population growth in the last decade. Children attend Midlothian schools. The fourplex has a 3-2 unit (flat), a 2-2 unit (flat) and two townhouse style 2-1.5 units. Each unit has a one car garage. Projected rents of $1595-1795 per month based on strong Tenant demand in Phase 1. Easy commute to major area employers. Wealth of opportunities to relax & play nearby. Professional property management in place at a favorable rate of 5%. Hurry - this won't last!
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Total Bedrooms : 9
Full Baths: 6
Half Baths: 2
Granite Counters,Kitchen Island,Open Floorplan,Pantry,Walk-In Closet(s)
Dishwasher,Disposal,Electric Range,Electric Water Heater
Asphalt,City Sewer,City Water
Central Air
Central,Electric
Built Year: 2024
Building Area Total: 4,889
Construction: Brick,Siding,Stone Veneer,Wood
Roof Type: Composition
Slab
Brick,Siding,Stone Veneer,Wood
Lot Size (Acr): 0.1800
Lot Size Units: Acres
Lot Size Square Feet: 7840.8000
Lot Size Source: Plans
Property Type: Residential Income
Property Sub Type: Quadruplex
Subdivision: Heritage Hill Estates
City: Venus
State: Texas
Directions: Going W. on HWY 67 toward Venus right after Jones Rd will be Heritage Hills Parkway on the right. If you come to Patriot Parkway on the right you have gone too far. The site is between Jones Rd. & Patriot Pkwy (Or search for Fallow Dr on Google Maps)
Property Status: Pending
Levels: Two
Property Age: 0
Year Built Details: Proposed
Original List Price: $825,000
Possession: Closing/Funding,Upon Completion
Parcel Number: N/A
Tax Block: C
Tax Lot: 23
Has Garage
Garage Space: 4
Parking: 4
Parking Features: Garage
Included Fees: Maintenance Grounds
HOA Type: Mandatory
HOA: 1,800
HOA Frequency: Annually
Elementary School: Vitovsky
Middle School: Frank Seales
High School: Heritage
School District: Midlothian ISD
Utilities: Asphalt,City Sewer,City Water
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
7113 Aster Drive, Venus, TX,76084 | $629,854 | 5 | 4 | 3,301 | 0.146 Acre |
1815 County Road 616, Venus, TX,76084 | $1,365,000 | -- | -- | -- | 64.654 Acres |
3632 County Road 619 Hi.., Venus, TX,76084 | $9,884,350 | -- | -- | -- | 197.687 Acres |
3051 Saint Paul Road, Venus, TX,76084 | $260,000 | -- | -- | -- | 1.7 Acres |
1552 Ozro Road, Venus, TX,76084 | $2,639,500 | -- | -- | -- | 105.438 Acres |
5146 N Fm 157, Venus, TX,76084 | $600,000 | -- | -- | -- | 10 Acres |
632-636 Blackland Drive, Venus, TX,76084 | $625,000 | 8 | -- | -- | 0.225 Acre |
640-644 Blackland Drive, Venus, TX,76084 | $625,000 | 8 | -- | -- | 0.225 Acre |
648-652 Blackland Drive, Venus, TX,76084 | $625,000 | 8 | -- | -- | 0.225 Acre |
601-605 Blackland Drive, Venus, TX,76084 | $529,900 | 6 | -- | -- | 0.1865 Acre |
Disclosure: Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2024. All rights reserved
ByOwner last updated this listing 05/02/2024 @ 00:09
MLS: 425693452
LISTED BY: Erion Shehaj, Signature Real Estate
SOURCE: NTREIS - North Texas Real Estate Information
Buyer Agency Compensation: 3%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.