$529,900
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6 Beds
4 Baths
8,123 Sqft Lot
SOLD DATE : 04/15/2024
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Subdivision Heritage Hill Estates
MLS Listing ID 20290700
Sold Date 04/15/24
Bedrooms 6
Full Baths 4
HOA Fees $62/ann
HOA Y/N Mandatory
Total Fin. Sqft 2662
Year Built 2023
Lot Size 8,123 Sqft
Acres 0.1865
Lot Dimensions 65X125
Property Description
Prime opportunity to invest in a Class-A new construction luxury duplex 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. This duplex is to be built and is estimated to be complete by December 2023. Strong tenant demand and fast leasing in DFW. Fantastic location across near Google's $600M Data Center. Ellis County has experienced explosive population growth in the last decade. Children attend Midlothian schools. This duplex has two 3-bedroom units with 2 baths. Each unit has a two car garage and a fenced in back yard. Projected rents of $1995 per month based on strong Tenant demand for duplexes 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!
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
Parking Type Garage
Garage Yes
Building
Story One
Foundation Slab
Level or Stories One
Structure Type Brick,Siding,Stone Veneer,Wood
Schools
Elementary Schools Vitovsky
Middle Schools Frank Seales
High Schools Heritage
School District Midlothian Isd
Others
Ownership Not Disclosed
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing VA
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Bought with Sparkle Harris • HomeSmart