4405-4407-4409 Clovis Court
Midlothian, TX 76065
$975,000
9 beds
6.3 baths
Description
PRIME investment opportunity perfect to add to your portfolio or complete your 1031 exchange: 4.75% financing when using the preferred Lender for a limited time! Class-A new construction luxury Triplex on 1-acre lots with LOW property taxes in scorching hot DFW market. This triplex features three 1838sf units with 3 bedrooms, 2.5 baths, and a 2-car garage. Each unit has a covered patio and a fenced-in backyard. Edgewood Estates is located in Midlothian, Texas, and it is zoned to good Waxahachie ISD schools. 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, and to Midlothian and Waxahachie’s retail and dining. With major economic drivers such as the $1.6B Google Data Centers project and two nearby hospitals, plus excellent property management in place, this asset is primed for continued growth. Proven rents of $2,525 per month per unit during the peak leasing season. Easy commute to major employers. Professional property management is in place at a great rate of 5%.
Location
Schools
| School Name | Grades | Admission |
|---|---|---|
| Waxahachie High School | 9 - 12 | Regular |
| E.B. Wedgeworth Elementary School | KG - 5 | Regular |
| Evelyn Coleman Junior High 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.