Midlothian, TX 76065 3841 Ledgestone Lane
$799,999



16 more

















Presented By: Jada Greenwood with RE/MAX Frontier; 612-597-6102
Disclaimer: The information contained in this listing has not been verified by Bold Real Estate and should be verified by the buyer.
Home Details
ATTENTION INVESTORS!!! Looking to add to your portfolio before the year is over? I've got an incredible opportunity for you. This well-maintained 4-plex offers a total of 3,842 sq. ft., built in 2007, and sits on 1.4 acres in a peaceful, highly desirable location. With four fantastic tenants already in place, this is a true turnkey opportunity. Each unit is slightly different in layout and design, with walls and ceilings constructed of Structural Insulated Panels (SIPs) — providing superior energy efficiency to save on electric bills and excellent sound resistance for quiet, comfortable living.
The property features ample parking, a shed, and a 24x48 shop that includes a fifth living quarters with 1 bedroom and 1 bath. The current seller operates a business out of the shop and would like to sign a 10-year lease, providing additional long-term stability and income for the buyer. This lease amount would be in ADDITION to the $66,600 per year that is already being brought in. The driveway owned by the neighbor and there is an easement
With its prime Midlothian location, peaceful surroundings, and STRONG rental history, this is the investment you’ve been waiting for!
Presented By: Jada Greenwood with RE/MAX Frontier; 612-597-6102
Interior Features for 3841 Ledgestone Lane
Bedrooms
Total Bedrooms5
Bathrooms
Half Baths0
Total Baths5
Other Interior Features
Basement Y/NNo
Fireplaces Total0
FlooringCarpet, Laminate, Luxury Vinyl Plank
Interior FeaturesBuilt-in Features, Cable TV Available, Decorative Lighting, Eat-in Kitchen, High Speed Internet Available
Lock Box TypeNone
Total Units5
Unit Count4
Window FeaturesWindow Coverings
General for 3841 Ledgestone Lane
# of Buildings3
Accessory Unit TypeAccessory Dwelling Unit (ADU)
Accessory Unit Y/NYes
AppliancesDishwasher, Electric Range, Microwave, Refrigerator
Capitalization Rate6.21
Carport Spaces
CityMidlothian
Complex Namen/a
Construction MaterialsSiding
CoolingCeiling Fan(s), Electric, Multi Units, Window Unit(s), Other
CountyEllis
DirectionsMt Zion to Ledgstone. Property is down on on the right just before Plainview
Elementary SchoolLarue Miller
Elementary School NameLarue Miller
Full Baths5
Green Energy EfficientInsulation, Roof
Green Water ConservationGreen Infrastructure
Gross Annual Expenses16923.00
HOA TypeNone
HeatingElectric, Other
High SchoolMidlothian
Insurance Expense4432
LevelsOne
Listing TermsCash, Contact Agent, Conventional, Owner Will Carry
Number of Garage Spaces0
Occupant TypeTenant
Operating Expense IncludesInsurance, Utilities, Water/Sewer
Pool Y/NNo
PossessionNegotiable
Property SubtypeQuadruplex
Property TypeResidential Income
RoofMetal
School DistrictMidlothian ISD
Special NotesAerial Photo
Standard StatusActive
StatusActive
Subdivision NameDuvall Place Add Rev
Unexempt Taxes14318
UtilitiesCity Water, Concrete, Electricity Available, Individual Water Meter, Septic
Virtual Tour URL UnbrandedClick here
Will SubdivideNo
Year Built2007
Year Built DetailsNew Construction - Complete
Exterior for 3841 Ledgestone Lane
Attached Garage Y/NNo
Building Area Total3842.00
Covered Spaces
Exterior FeaturesCovered Patio/Porch, Storage
FencingChain Link
Foundation Slab
Garage Length
Garage Width
Garage Y/NNo
Lot FeaturesAcreage
Lot Size Acres1.4420
Lot Size Area1.4420
Lot Size SourcePublic Records
Lot Size Square Feet62813.5200
Lot Size UnitsAcres
Number Of Parking Spaces10
Parking FeaturesAdditional Parking, Driveway, Gravel, No Garage, Oversized
Patio And Porch FeaturesCovered
WaterfrontNo
Additional Details
Price History
Schools
Elementary School
Larue Miller Elementary School
Middle School
N/A

Suzanne Smith
Broker/Owner