4257-4259-4261 Clovis Ct - Apartments FOR SALE


Midlothian, TX 76065
$975,000 USD
713-922-2702
4257-4259-4261 Clovis Ct, Midlothian, TX for Sale
$975,000 USD
Apartments - FOR SALE
1/18
null | 6.09% Cap Rate

4257-4259-4261 Clovis Ct
Midlothian, TX 76065


HIGHLIGHTS

  • Cashflow Positive DFW New Construction Triplex
  • PRIME investment opportunity: 5.25% financing when using preferred Lender for a limited time!
  • Low property taxes at 1.69%.
  • Professional property management in place at a great rate of 5%!

OVERVIEW

PRIME investment opportunity: 5.25% financing when using preferred Lender for a limited time! Class-A new construction luxury Triplex on acre lots with LOW property taxes in scorching hot DFW market. These triplex features three 1838sf units with 3 bedrooms, 2.5 baths and 2 car garage. Each unit has a covered patio and a fenced in back yard. Triplex is to be built with estimated completion September October 2025. Edgewood Estates is located in Midlothian Texas, and it is zoned to Waxahachie ISD. Midlothian is just a short 30 min drive to Downtown Dallas and Fort Worth. Also, this project is within a short 8-10 min drive to Methodist Midlothian Health, Waxahachie’s Baylor Scott and White as well as to Midlothian and Waxahachie’s retail and dining. Projected rents of $2,490 per unit per month. Easy commute to major employers. Professional property management in place at a great rate of 5%. Hurry - this won't last!

FOR SALE DETAILS

PRICE

$975,000 USD

PRICE/SF

$177 USD /SF

# OF UNITS

3

PRICE/UNIT

$325,000

CAP RATE

6.09%

% LEASED

-

STATUS

Proposed

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

DFW New Construction Triplex

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

183202

ASK ABOUT THIS PROPERTY

Erion ShehajSignature Real EstateMore Info
713-922-2702

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Erion ShehajSignature Real EstateMore Info
713-922-2702

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.