Venus, TX 76084 740-742-744-746 Fallow Drive
$830,000
26 more
Presented By: Erion Shehaj with Signature Real Estate; 713-952-3200
Beds • 9
Full/Half Baths • 6 / 2
Garage • 4
Home Details
75% Leased! Prime opportunity to invest in luxury fourplex in scorching hot DFW market. Tenant occupied and Professional property management in place. Fantastic location 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 mix of favorable floor plans, including 3-2 unit (flat), a 2-2 unit (flat) and two townhouse style 2-1.5 units. Each unit has a one car garage. Easy commute to major area employers. Wealth of opportunities to relax & play nearby.
Presented By: Erion Shehaj with Signature Real Estate; 713-952-3200
Interior Features for 740-742-744-746 Fallow Drive
Bedrooms
Total Bedrooms9
Bathrooms
Half Baths2
Total Baths8
Other Interior Features
Unit Count3
Lock Box TypeSee Remarks
FlooringCarpet, Luxury Vinyl Plank
Interior FeaturesGranite Counters, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s)
Total Units4
General for 740-742-744-746 Fallow Drive
# of Buildings1
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater, Microwave
Assoc Fees1800
Association Fee FrequencyAnnually
Capitalization Rate5.41
CityVenus
Complex NameHeritage Hill Estates
Construction MaterialsBrick, Siding, Stone Veneer, Wood
CoolingCentral Air
CountyEllis
DirectionsGoing 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 community entrance is between
Elementary SchoolVitovsky
Elementary School NameVitovsky
Full Baths6
Gross Annual Expenses35243.00
HOA Fee IncludesMaintenance Grounds
HOA TypeMandatory
HeatingCentral, Electric
High SchoolHeritage
Insurance Expense2700
LevelsTwo
Listing Terms1031 Exchange, Cash, Conventional
Number of Garage Spaces4
Occupant TypeTenant
Operating Expense IncludesInsurance, Maintenance, Vacancy Allowance
Pool Y/NNo
PossessionClosing/Funding, Upon Completion
Property SubtypeQuadruplex
Property TypeResidential Income
RoofComposition
School DistrictMidlothian ISD
Standard StatusActive
StatusActive
Subdivision NameHeritage Hill Estates
UtilitiesAsphalt, City Sewer, City Water
Virtual Tour URL UnbrandedClick here
Will SubdivideNo
Year Built2023
Year Built DetailsPreowned
Exterior for 740-742-744-746 Fallow Drive
Attached Garage Y/NYes
Building Area Total4889.00
Foundation Slab
Garage Y/NYes
Lot Size Acres0.1800
Lot Size Area0.1800
Lot Size Dimensions70X140
Lot Size SourcePlans
Lot Size Square Feet7840.8000
Lot Size UnitsAcres
Number Of Parking Spaces4
Parking FeaturesGarage
Additional Details
Price History
Schools
Elementary School
Vitovsky Elementary School
Middle School
N/A
Yadira Olivas
Realtor