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Venus, TX 76084
  • 9 Beds
  • 8 Baths
  • 4 Garage
$819,000

About this home

Prime investment opportunity that won't last long! This turnkey Class-A fourplex built in 2023, is located in Venus' highly sought-after Heritage Hills neighborhood, zoned to highly rated Midlothian Schools. Ideally situated just 30 minutes from both Dallas and Fort Worth, this fully stabilized opportunity features four units, a larger 3-bed 2-bath flat on the ground floor, a modern 2-bed 2-bath flat on the second floor and two townhouse-style 2-bed 1.5-bath units. Each unit has a dedicated one-car garage. The interiors boast high-end finishes throughout, including granite kitchen countertops with a tiled backsplash, recessed and pendant lighting over the breakfast bar, upscale wood-look plank tile flooring, upgraded carpet, and a luxurious walk-in master shower. All units are currently leased to long-term tenants at $1,795, $1,695, $1,595, and $1,495 per month, respectively, supported by a strong operating history, a low 2.4% tax rate, and affordable HOA dues of $ 1,500 per year. With major economic drivers such as the $1.6B Google Data Centers project and two nearby hospitals, plus excellent property management in place and willing to stay on, this asset is primed for continued growth. Ask about available DSCR financing with a 10-year interest-only option to maximize your cash flow.

Overview

Full Baths
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Half Baths
2
Bathrooms
8
Bedrooms
9
Building Area
4889
Levels
Two
Living Area
0
Lot Size (Acres)
0.18
Property Subtype
Quadruplex
Property Type
Residential Income
Status
Active
Year Built
2023

Interior

Appliances
Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave
Cooling
Central Air
Fireplaces
0
Flooring
Carpet, Luxury Vinyl Plank
Heating
Central, Electric
Interior Features
Eat-in Kitchen, Granite Counters, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s)

Exterior & Construction

Construction
Brick, Stone Veneer, Wood Siding
Foundation
Slab
Lot Features
Cleared
Roof
Composition

Parking

Covered Parking
0
Garage Spaces
4

Location & Area

City
Venus
County
Ellis
School District
Midlothian ISD
ZIP Code
76084
State
TX
Subdivision
Heritage Hill Estates

Financial

HOA Fee
1800
HOA Fee Frequency
Annually
Price
819000

Utilities

Sewer
Public Sewer
Utilities
Sewer Available, Water Available

Listing Details

Listing Agent
Erion Shehaj
Listing Office
Signature Real Estate
MLS #
21176491
Virtual Tour
https://www.propertypanorama.com/instaview/ntreis/21176491

Listing agents

Listing AgentErion ShehajSignature Real Estate

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