625-627-629-631 Wheatfield Drive Venus, TX 76084
Prime opportunity to invest in a Class-A new construction luxury fourplex in scorching hot DFW market. Builder's Preferred Lender offers below market fixed rate financing in the low to mid 5s plus get Owner's title policy paid by Builder when using preferred Lender. Very strong tenant demand and established leasing market. This fourplex is to be built and is estimated to be complete by Jan-Feb 2024. Fantastic location across 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 3-2 unit (flat), a 2-2 unit (flat) and two townhouse style 2-1.5 units. Each unit has a one car garage. Projected rents of $1595-1795 per month based on strong Tenant demand in Phase 1. Easy commute to major area employers. Wealth of opportunities to relax & play nearby. Professional property management in place at a favorable rate of 5%. Hurry - this won't last!
- Property TypeMulti-Family
- NeighborhoodHeritage Hill Estates
- CountyEllis
- Taxes$0
- HOA/Condo/Coop Fees$150
- Days on Site444 Days
- MLS StatusPending
- MLS ID Number20290804
- Home Size Source Plans
- Year Built2024
- Lot Size0.18 Acres
- Full Baths6
- Partial Baths2
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General Features
- Construction BrickStone Veneer
- Parking Garage
- Number of Stories 2
- Acreage 0.18
- Property Sub Type Quadruplex
- Garage Spaces 4
- Attached Garage Yes
- Foundation Slab
Interior Features
- Cooling Central Air
- Heating CentralElectric
- Appliances DishwasherDisposalElectric RangeElectric Water Heater
- Flooring CarpetLuxury Vinyl Plank
- Interior Granite CountersKitchen IslandOpen FloorplanPantryWalk-In Closet(s)
Exterior Features
- Roof Composition
- Waterfront Property No
Community Features
- Association Dues 1800