716-722 Fallow Drive, Venus, Texas 76084

  • 2021
  • 9
  • 8
  • 4

Quadruplex For Sale

$830,000
ClosedListing ID #20786473
Basic Details
Residential Income
Closed
20786473
2021
$830,000
4,889 Sqft
9
8
4
Property Description

Perfect for 1031 Exchange! Prime opportunity to invest in 100% occupied Class-A like-new luxury fourplex in scorching hot DFW market. Fantastic location across near Google’s $1.6B Data Centers. Ellis County has experienced explosive population growth in the last decade, and it is expected to grow by 200% by 2050. Zoned to great 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. Total incoming rent of $80,160 per year and 6% CAP rate on actual financials. Don’t miss out – this opportunity will be snatched quickly!

Features
Yes
Brick, Stone Veneer, Wood Siding
Composition
Central, Electric
Central Air
Sewer Available, Water Available
Open Floorplan, Walk-in Closet(s), Granite Counters, Pantry, Kitchen Island
No
Additional Information
Vitovsky
Frank Seales
Heritage
Preowned
4
Close Of Escrow,closing
Erion Shehaj
Signature Real Estate
Address Map
716-722
Fallow Drive
Heritage Hill Estates
Venus
TX
76084
Ellis
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    Data last updated: 01/09/2025 4:04 PM
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    Quadruplex For Sale

    $830,000
    ClosedListing ID #20786473
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    LeCordes@HomesandLandinTexas.com 214-836-0752
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