Midlothian, TX 76065 6844-6846-6848 Florance Drive
$975,000



28 more




























Presented By: Marshall Reddick Real Estate
Disclaimer: The information contained in this listing has not been verified by Bold Real Estate and should be verified by the buyer.
Home Details
Builder offering rate buy-down options—with builders lender as low as 4.25. Outstanding investment opportunity featuring a Class-A luxury triplex in the thriving DFW market. Situated on generous acre lots with low property taxes, this new construction asset is built for durability, functionality, and long-term performance.
The property includes three spacious units, each approximately 1,838 SF, offering 3 bedrooms, 2.5 baths, and an attached 2-car garage. Each unit features a covered patio and private fenced backyard—strong tenant amenities that enhance long-term rental appeal and retention.
Located at the corner of 875 and Edgewood Rd in the Edgewood Estates community of Midlothian, Texas, and zoned to highly regarded Waxahachie ISD. Conveniently positioned just 30 minutes from Downtown Dallas and Fort Worth, and 8–10 minutes from Methodist Midlothian Medical Center, Baylor Scott & White Waxahachie, plus extensive retail and dining options. Easy access to major employment corridors further strengthens rental demand.
Some units are already pre-leased, and additional first-year property management incentives are available. A prime turnkey addition to any investment portfolio.
Presented By: Marshall Reddick Real Estate
Interior Features for 6844-6846-6848 Florance Drive
Bedrooms
Total Bedrooms9
Bathrooms
Half Baths3
Total Baths9
Other Interior Features
FlooringCarpet, Luxury Vinyl Plank
Interior FeaturesDouble Vanity, Granite Counters, Kitchen Island, Pantry, Walk-In Closet(s)
Lock Box TypeNone
Total Units3
Unit Count3
General for 6844-6846-6848 Florance Drive
# of Buildings1
Accessory Unit Y/NNo
AppliancesDishwasher, Disposal, Electric Oven, Electric Range, Microwave
Assoc Fees1065
Association Fee FrequencyAnnually
Capitalization Rate5.67
CityMidlothian
Complex NameEdgewood Estates
Construction MaterialsBrick, Siding, Stone Veneer, Wood
CoolingElectric
CountyEllis
DirectionsCorner of 875 and Florence Drive
Elementary SchoolWedgeworth
Elementary School NameWedgeworth
Full Baths6
Gross Annual Expenses27380.00
HOA Fee IncludesFront Yard Maintenance, Maintenance Grounds
HOA TypeMandatory
HeatingElectric
High SchoolWaxahachie
Insurance Expense2800
Junior High SchoolEvelyn Love Coleman
LevelsTwo
Listing TermsCash, Conventional, FHA, VA Loan
Number of Garage Spaces3
Occupant TypeVacant
Pool Y/NNo
PossessionClosing/Funding
Property SubtypeTriplex
Property TypeResidential Income
RoofComposition
School DistrictWaxahachie ISD
Standard StatusActive
StatusActive
Subdivision NameEdgewood Estates
UtilitiesAerobic Septic
Virtual Tour URL UnbrandedClick here
Will SubdivideNo
Year Built2026
Year Built DetailsNew Construction - Complete
Exterior for 6844-6846-6848 Florance Drive
Attached Garage Y/NYes
Building Area Total5513.00
FencingBack Yard, Chain Link, Wood
Foundation Slab
Garage Y/NYes
Lot Size Acres1.0000
Lot Size Area1.0000
Lot Size Square Feet43560.0000
Lot Size UnitsAcres
Number Of Parking Spaces2
Parking FeaturesDriveway, Garage, Garage Faces Front, Garage Single Door, Kitchen Level
WaterfrontNo
Additional Details
Price History
Schools
Elementary School
Wedgeworth Elementary School
Middle School
N/A
Suzanne Smith
Broker/Owner
