$695,000
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8 Beds
4 Baths
1 Acres Lot
SOLD DATE : 05/23/2025
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Subdivision Edgewood Estates
MLS Listing ID 20826188
Sold Date 05/23/25
Bedrooms 8
Full Baths 4
HOA Fees $88/ann
HOA Y/N Mandatory
Total Fin. Sqft 3306
Year Built 2025
Lot Size 1.005 Acres
Acres 1.005
Property Sub-Type Duplex
Property Description
PRIME investment opportunity: 5.25% financing when using preferred Lender for a limited time! Class-A new construction luxury duplex on acre lots with LOW property taxes in scorching hot DFW market. This duplex features two 1653sf units with 3 bedrooms + a flex room (that can serve as a 4th bedroom) 2 baths and 2 garage all on one level. Each unit has a covered patio and a fenced in back yard. Duplex is to be built with estimated completion May 2025. Edgewood Estates is located in Midlothian Texas and it is zoned to good 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 $2395 per mo based on comparable duplexes nearby. Easy commute to major employers. Professional property management in place at a great rate of 5%. Hurry - this won't last!
Location
State TX
County Ellis
Direction Streets in new construction communities do not always map correctly. This community sits at the corner of 875 and Edgewood Rd
Interior
Interior Features Double Vanity, Granite Counters, Kitchen Island, Pantry, Walk-In Closet(s)
Heating Electric
Cooling Electric
Flooring Carpet, Luxury Vinyl Plank
Appliance Dishwasher, Disposal, Electric Oven, Electric Range, Electric Water Heater, Microwave
Heat Source Electric
Exterior
Garage Spaces 4.0
Fence Back Yard, Chain Link, Fenced, Full, Wood
Utilities Available Septic
Roof Type Composition
Garage Yes
Building
Story One
Foundation Slab
Level or Stories One
Structure Type Brick,Siding,Stone Veneer,Wood
Schools
Elementary Schools Wedgeworth
High Schools Waxahachie
School District Waxahachie Isd
Others
Ownership NA
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Financing Conventional
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Bought with David Robertson • Robertson Properties
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