Description
Perfect for 1031 exchange or as turnkey investment! prime opportunity to invest in this 100% 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 leases 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. currently generating $78,960 in annual rental income with strong cash flow potential, three units have fresh 12-month leases providing immediate income stability. the current owner is selling to facilitate a 1031 exchange into a larger property, creating an ideal opportunity for investors in similar positions. 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 Type
Residential IncomeSubdivision
Heritage Hill EstatesCounty
EllisStyle
Residential IncomeAD ID
49834068
Sell a home like this and save $49,841 Find Out How
Property Details
-
Interior Features
Bedroom Information
- Total Bedrooms : 9
Bathroom Information
- Total Baths: 6.5
- Full Baths: 6
- Half Baths: 2
Interior Features
- Granite Counters,Kitchen Island,Open Floorplan,Pantry,Walk-In Closet(s)
Appliances
- Dishwasher,Disposal,Electric Range,Electric Water Heater
Utilities
- Asphalt,City Sewer,City Water
Cooling Features
- Central Air
Heating Source
- Central,Electric
-
Exterior Features
Building Information
- Built Year: 2021
- Building Area Total: 4,889
- Construction: Brick,Siding,Stone Veneer,Wood
- Roof Type: Composition
Foundation
- Slab
Construction Materials
- Brick,Siding,Stone Veneer,Wood
-
Property / Lot Details
Lot Information
- Lot Size (Acr): 0.1800
- Lot Size Units: Acres
- Lot Size Square Feet: 7840.8000
- Lot Size Source: Plans
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 site is between Jones Rd. & Patriot Pkwy (Or search for Harvest Moon on Google Maps)
- Property Status: Pending
-
Listing Information
Listing Price Information
- Original List Price: $839,000
Listing Information
- Possession: Closing/Funding,Upon Completion
-
Taxes / Assessments
Tax Information
- Parcel Number: 284048
- Tax Block: B
- Tax Lot: 21
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Parking Information
- Has Garage
- Garage Space: 4
- Parking: 4
- Parking Features: Garage
Homeowners Association Information
- Included Fees: Maintenance Grounds
- HOA Type: Mandatory
- HOA: 1,600
- HOA Frequency: Annually
-
School, Utilities & Location Details
School Information
- Elementary School: Vitovsky
- Middle School: Frank Seales
- High School: Heritage
- School District: Midlothian ISD
Utility Information
- Utilities: Asphalt,City Sewer,City Water
Statistics Bottom Ads 2

Sidebar Ads 1

Learn More about this Property
Sidebar Ads 2

Sidebar Ads 2

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 2025. All rights reserved
BuyOwner last updated this listing 06/27/2025 @ 20:31
- MLS: 455595449
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: NTREIS - North Texas Real Estate Information
is a Home, with 9 bedrooms which is recently sold, it has 0 sqft, 0 sized lot, and 4 parking. are nearby neighborhoods.