701-703-705-707 Harvest Moon Drive
Venus, TX 76084
$845,000
9 beds
6.2 baths
Description
PERFECT FOR 1031 EXCHANGE! Prime opportunity to invest in this 100% occupied, like-new luxury fourplex in the scorching hot DFW market. Fantastic location near Google's $1.6B Data Centers and within a 30-minute drive to both Dallas and Fort Worth. Ellis County has experienced explosive population growth in the last decade and is expected to grow by 200% by 2050. This investment property is zoned to great Midlothian schools, attracting quality long-term tenants. The fourplex features a diverse unit mix: one 3BR-2BA flat unit leased for $1795, one 2BR-2BA flat unit leased for $1695, and two townhouse-style 2BR-1.5BA units leased for $1495 and $1595, each with its own one-car garage - a highly desirable tenant amenity. With Class A finishes throughout, the property has an excellent operating history with minimal vacancy and turnover. This property offers an excellent balance of immediate cash flow and long-term appreciation potential, backed by the DFW market's continued economic growth.
Location
Schools
| School Name | Grades | Admission |
|---|---|---|
| J.R. Irvin Elementary School | PK - 5 | Regular |
| Midlothian High School | 9 - 12 | Regular |
| Dieterich Middle School | 6 - 8 | Regular |
| 3 Schools | ||
*All school information should be verified by local Independent School District.
* Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer.
The information contained herein is furnished by the owner to the best of his/her knowledge, but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.