BEDS9
BATHS6 full 2 partial
MLS#21192780
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONHeritage Hill Estates
SCHOOLMidlothian ISD
Property Description
PERFECT FOR 1031 EXCHANGE OR HOUSE HACKING! Prime opportunity to invest in this 75% 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 which leases for $1795, one 2BR-2BA flat unit which can lease for $1695, and two townhouse-style 2BR-1.5BA units which lease 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.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air
Garage: 4 car attached
Heating: Central, Electric
Lot Size: 0.18 Acres
Roof Type: Composition
Year Built: 2024
Amenities
Granite Counters
Kitchen Island
Open Floorplan
Pantry
Walk-In Closet(s)
Feature Descriptions
Appliances: Dishwasher, Disposal, Electric Range, Electric Water Heater
Days on Site: 16
Exterior: Brick, Siding, Stone Veneer, Wood
Flooring: Carpet, Luxury Vinyl Plank
HOA Fee: 1800/ Annually
Lot Dimensions: 70X140
Parcel#: 284047
Parking: Garage
Parking Notes: Garage
Units: 4
Utilities: Asphalt, City Sewer, City Water
Local Schools
Elementary School: Vitovsky
School District: Midlothian ISD
Listed By / Shown By
Listed By
Agency Name: Signature Real Estate
Agency Contact: 713-952-3200
Agent Name: Erion Shehaj
Shown By
Agency Title: Kelly, Realtors
Agency Phone: (254) 741-1500
Agency Email: info@kellyrealtors.com
Agency Text: (254) 717-6447
Estimate Your Payment
Estimated Payment
$ 2,127.06 per month $1,880.60 Principal & Interest $0.00 Property Tax (data not provided by mls) $246.46 Homeowner's Insurance
701-703-705-707 Harvest Moon Drive | MLS# 21192780
This multi-family property located at 701-703-705-707 Harvest Moon Drive, Venus, TX 76084 is currently listed for sale with an asking price of $845,000. 701-703-705-707 Harvest Moon Drive is located within the Midlothian ISD school district. Search Venus real estate on www.kellylandandranch.com today.