632 Harvest Moon Dr - Multi-Family FOR SALE


Venus, TX 76084
$504,000 USD
713-922-2702
632 Harvest Moon Dr, Venus, TX for Sale
$504,000 USD
Multi-Family - FOR SALE
1/16
null | 4.85% Cap Rate

632 Harvest Moon Dr
Venus, TX 76084


HIGHLIGHTS

  • 100% Leased. Unit 632 at $1995 and Unit 636 at $1800.
  • Prime location within 30 minutes of both Dallas and Fort Worth
  • Class A finishes throughout, minimizing near-term capital expenditures
  • Property Management in place.

OVERVIEW

Prime opportunity with this turnkey Class-A duplex built in 2021, located in Venus' highly sought-after Heritage Hills neighborhood, zoned to highly rated Midlothian Schools. Ideally situated just 30 minutes from both Dallas and Fort Worth, this fully stabilized opportunity features two units, each with a spacious 3-bedroom, 2-bath layout on one level, a 2-car garage, and a private, fenced backyard with a covered patio. The interiors boast high-end finishes throughout, including granite kitchen countertops with a tiled backsplash, recessed and pendant lighting over the breakfast bar, upscale wood-look plank tile flooring, upgraded carpet, and a luxurious walk-in master shower. Both units are currently leased to long-term tenants at $1,995 and $1800 per month, respectively, supported by a strong operating history, a low 2.4% tax rate, and minimal $750 per year HOA dues. With major economic drivers like the $1.6B Google Data Centers project and two hospitals nearby, plus excellent property management in place and willing to stay on, this asset is primed for continued growth; ask about available DSCR financing with a 10-year interest-only option to maximize your cash flow.

FOR SALE DETAILS

PRICE

$504,000 USD

PRICE/SF

$189 USD /SF

# OF UNITS

2

PRICE/UNIT

$252,000

CAP RATE

4.85%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

100% Lease Luxury Class-A Duplex

PROPERTY TYPE

Multi-Family

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2021

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

284009

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 Notice.