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Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Subdivision Heritage Hill Estates
MLS Listing ID 20528723
Sold Date 02/20/24
Bedrooms 9
Full Baths 6
Half Baths 2
HOA Fees $150/ann
HOA Y/N Mandatory
Total Fin. Sqft 4889
Year Built 2023
Lot Size 7,840 Sqft
Acres 0.18
Lot Dimensions 70X140
Property Description
CLOSEOUT! 5.25% Financing Available through the Preferred Lender for a limited time! Prime opportunity to invest in a Class-A new construction luxury fourplex in scorching hot DFW market. Very strong tenant demand and established leasing market. This fourplex is to be built and is estimated to be complete early 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. Established and proven rents of $1595-1795 per month based on very recent comps. 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!
Location
State TX
County Ellis
Direction 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)
Interior
Interior Features Granite Counters, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s)
Heating Central, Electric
Cooling Central Air
Flooring Carpet, Luxury Vinyl Plank
Appliance Dishwasher, Disposal, Electric Range, Electric Water Heater
Heat Source Central, Electric
Exterior
Garage Spaces 4.0
Utilities Available Asphalt, City Sewer, City Water
Roof Type Composition
Garage Yes
Building
Story Two
Foundation Slab
Level or Stories Two
Structure Type Brick,Siding,Stone Veneer,Wood
Schools
Elementary Schools Vitovsky
Middle Schools Frank Seales
High Schools Heritage
School District Midlothian Isd
Others
Ownership VBI
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Conventional
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©2024 North Texas Real Estate Information Systems.
Bought with Shakeel Lodi • Lodigroup Realty
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