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Lauren Ray

lauren.ray@exprealty.com +1(972) 822-8080

$ 699,000

Est. payment | -/mo

8 Beds

4 Baths

3,306 SqFt

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$ 699,000

Est. payment | -/mo

Save Virtual Tour

8 Beds

4 Baths

3,306 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,306 sqft

Subdivision Edgewood Estates

MLS Listing ID 21421899

Bedrooms 8

Full Baths 4

Construction Status New Construction

HOA Fees $1,065/ann

HOA Y/N Yes

Year Built 2026

Lot Size 1.030 Acres

Acres 1.03

Property Sub-Type Duplex

Property Description

5.25% Rate (only with preferred lender) on this prime Investment opportunity to add to your portfolio, house hack, or complete your 1031 exchange. Class A new construction luxury duplex on a 1 acre lot with very LOW property taxes in the scorching hot DFW market. This duplex features two 1653 SF units with 4 bedrooms, 2 baths, and a 2-car garage on one level. Each unit has a covered patio and a fenced-in backyard. Edgewood Estates is located in Midlothian, Texas, and it is zoned to good Waxahachie ISD schools. Midlothian is just a 30-minute drive to Downtown Dallas and Fort Worth. Also, this project is a short 8-10 min drive from Methodist Midlothian Health and Waxahachie's Baylor Scott and White, as well as from Midlothian and Waxahachie's retail and dining. With major economic drivers such as the $1.6B Google Data Centers project and two nearby hospitals, plus excellent property management, this asset is primed for continued growth. Proven rents of $2,450 per month per unit at peak leasing season. Easy commute to major employers. Professional property management is in place at a great rate of 5%.

Location

State TX

County Ellis

Community Community Mailbox

Direction USE GPS> Off FM 875 between Midlothian and Waxahachie

Interior

Interior Features Built-in Features, Decorative/Designer Lighting Fixtures, Double Vanity, Eat-in Kitchen, Kitchen Island, Open Floorplan, Walk-In Closet(s)

Heating Central

Cooling Central Air, Ceiling Fan(s), Electric

Flooring Carpet, Ceramic Tile, Luxury Vinyl Plank

Fireplace No

Appliance Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Microwave

Exterior

Parking Features Additional Parking, Garage, Garage Door Opener

Garage Spaces 4.0

Fence Back Yard

Pool None

Community Features Community Mailbox

Utilities Available Septic Available, Water Available

Amenities Available Maintenance Front Yard

Water Access Desc Community/Coop

Roof Type Composition

Total Parking Spaces 4

Garage Yes

Private Pool No

Building

Foundation Slab

Sewer Aerobic Septic

Water Community/Coop

Level or Stories One

New Construction Yes

Construction Status New Construction

Schools

Elementary Schools Wedgeworth

Middle Schools Evelyn Love Coleman

High Schools Waxahachie

School District Waxahachie Isd

Others

HOA Name Goodwin Managment

HOA Fee Include Association Management,Maintenance Grounds

Tax ID 309662

Acceptable Financing Cash, Conventional, 1031 Exchange, See Agent

Listing Terms Cash, Conventional, 1031 Exchange, See Agent

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21421899

North Texas Real Estate Info Systems (NTREIS) / WACO Association of Realtors

Listed by Melanie Brewer • Legacy Realty Group

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(972) 822-8080

lauren.ray@exprealty.com

6625-6627 Florence DR Midlothian, TX 76065

Lauren Ray

Key Details

Location

Interior

Exterior

Building

Schools

Others

Nearby Locations

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6625-6627 Florence DR