Venus, TX 76084,617-619-621-623 Wheatfield Drive
$799,900
Est.Price: ?

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9 BD
7 BA
7,840 Sqft Lot

617-619-621-623 Wheatfield Drive Venus, TX 76084

Est. payment /mo
SOLD DATE : 04/12/2024

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Subdivision Heritage Hill Estates

MLS Listing ID 20583122

Sold Date 04/12/24

Bedrooms 9

Full Baths 6

Half Baths 2

HOA Fees $150/ann

HOA Y/N Mandatory

Total Fin. Sqft 4889

Year Built 2024

Lot Size 7,840 Sqft

Acres 0.18

Lot Dimensions 70X140

Property Description

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!

Location

State TX

County Ellis

Direction Going 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 site is between Jones Rd. & Patriot Pkwy (Or search for Fallow Dr on Google Maps)

Interior

Interior Features Granite Counters, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s)

Heating Central, Electric

Cooling Central Air

Flooring Carpet, Luxury Vinyl Plank

Appliance Dishwasher, Disposal, Electric Range, Electric Water Heater

Heat Source Central, Electric

Exterior

Garage Spaces 4.0

Utilities Available Asphalt, City Sewer, City Water

Roof Type Composition

Garage Yes

Building

Story Two

Foundation Slab

Level or Stories Two

Structure Type Brick,Siding,Stone Veneer,Wood

Schools

Elementary Schools Vitovsky

Middle Schools Frank Seales

High Schools Heritage

School District Midlothian Isd

Others

Ownership not disclosed

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Conventional

Read Less


North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
Listed by Erion Shehaj • Signature Real Estate
Bought with Non-Mls Member • NON MLS

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Todd Richardson

Agent | License ID: 0761813

+1(214) 497-4495

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