Active

640-642-644-646 Fallow Drive

Venus, Texas 76084

$829,000 $3,495/Mo

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Overview

Bed

Bath

0.18

Acre(Lot)

Description

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 le ased 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.

Property Details

Property Type : Residential Income

Price : $829,000

AD Id : 75198495

MLS Id : 551277460

Beds : 9

Lot Size : 0.18 Acre

Year Built : 2023

Garage : 4

County : Ellis

Subdivision: Heritage Hill Estates

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total Bedrooms: 9

Bathroom Information

Total Baths: 6.5 Full Baths: 6 Half Baths: 2
Interior Features

Eat-in Kitchen,Granite Counters,Kitchen Island,Open Floorplan,Pantry,Walk-In Closet(s)

Appliances

Dishwasher,Disposal,Electric Range,Electric Water Heater,Microwave

Utilities

Asphalt,City Sewer,City Water
Cooling Features

Central Air

Heating Source

Central,Electric

Building Information

Built Year: 2023 Building Area Total: 4,889 Construction: Brick,Siding,Stone Veneer,Wood Roof Type: Composition
Foundation

Slab
Construction Materials

Brick,Siding,Stone Veneer,Wood

Lot Information

Lot Size (Acr): 0.1800 Lot Size Units: Acres Lot Size Square Feet: 7,841 Lot Size Source: Plans Lot Features: Cleared
Property Information

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 community entrance is between Jones Rd. & Patriot Pkwy. Fallow Dr is on Left. Property Status: Active Levels: Two Property Age: 3 Year Built Details: Preowned

Listing Price Information

Original List Price: $829,000
Listing Information

Possession: Closing/Funding,Upon Completion

Tax Information

Parcel Number: 284034 Tax Block: B Tax Legal Description: LOT 6 BLK B HERITAGE HILLS ESTS PH 1 0.225 Tax Lot: 6

Parking Information

Has Garage Garage Space: 4 Parking: 4 Parking Features: Garage
Homeowners Association Information

Included Fees: Maintenance Grounds HOA Type: Mandatory HOA: $1,800.00 HOA Frequency: Annually

School Information

Elementary School: Vitovsky Middle School: Frank Seales High School: Heritage School District: Midlothian ISD
Utility Information

Utilities: Asphalt,City Sewer,City Water

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft
701-703-705-707 Harvest.., Venus, TX, 76084	$825,000	9	8	--
632 AND 636 Harvest Moo.., Venus, TX, 76084	$504,000	6	4	--
656-660 Wheatfield Drive, Venus, TX, 76084	$519,000	6	4	--
640-644 Wheatfield, Venus, TX, 76084	$678,000	8	6	--

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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 2026. All rights reserved

ByOwner last updated this listing 06/12/2026 @ 14:08

MLS: 551277460 LISTED BY: Erion Shehaj, Signature Real Estate 713-952-3200 SOURCE: NTREIS - North Texas Real Estate Information