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701-703-705-707 Wheatfield Drive Venus, TX 76084
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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 20265766
Bedrooms 9
Full Baths 6
Half Baths 2
HOA Fees $150/ann
Year Built 2023
Lot Size 7,840 Sqft
Property Description
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 November 2023. 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!
Location
State TX
County Ellis
Interior
Heating Central, Electric
Cooling Central Air
Flooring Carpet, Luxury Vinyl Plank
Exterior
Garage Spaces 4.0
Utilities Available Asphalt, City Sewer, City Water
Roof Type Composition
Building
Story Two
Foundation Slab
Structure Type Brick,Siding,Stone Veneer,Wood
Schools
Elementary Schools Vitovsky
Middle Schools Frank Seales
High Schools Heritage
School District Midlothian Isd
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Bought with Oladapo Wahab • Keller Williams Prosper Celina
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