Midlothian, TX 76065 4421-4423 Clovis Court
$699,000
Pending



34 more


































Presented By: Signature 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
PRIME investment opportunity to add to your portfolio, house-hack, or complete your 1031 exchange: 4.25% financing when using the preferred Lender for a limited time! 50% Pre-leased! Class-A new construction luxury duplex on a 1-acre lot with LOW property taxes in scorching hot DFW market. This duplex features two 1653sf units with 4 bedrooms, 2 baths, and a 2-car garage on one level. 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, as well as 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 $2,450 per month per unit (one side already leased at this rate) and peak leasing season. Easy commute to major employers. Professional property management is in place at a great rate of 5%.
Presented By: Signature Real Estate
Interior Features for 4421-4423 Clovis Court
Bedrooms
Total Bedrooms8
Bathrooms
Half Baths0
Total Baths4
Other Interior Features
FlooringCarpet, Luxury Vinyl Plank
Interior FeaturesDouble Vanity, Granite Counters, Kitchen Island, Pantry, Walk-In Closet(s)
Lock Box TypeNone
Total Units2
Unit Count2
General for 4421-4423 Clovis Court
# of Buildings1
Accessory Unit Y/NNo
AppliancesDishwasher, Disposal, Electric Oven, Electric Range, Electric Water Heater, Microwave
Assoc Fees1065
Association Fee FrequencyAnnually
Buyer FinancingConventional
Capitalization Rate5.56
CityMidlothian
Complex NameEdgewood Estates
Construction MaterialsBrick, Siding, Stone Veneer, Wood
CoolingElectric
CountyEllis
DirectionsStreets in new construction communities do not always map correctly. This community sits at the corner of 875 and Edgewood Rd
Elementary SchoolWedgeworth
Elementary School NameWedgeworth
Full Baths4
Gross Annual Expenses19201.00
HOA Fee IncludesFront Yard Maintenance, Maintenance Grounds
HOA TypeMandatory
HeatingElectric
High SchoolWaxahachie
Insurance Expense1800
Junior High SchoolEvelyn Love Coleman
LevelsOne
Listing TermsCash, Conventional, FHA, VA Loan
Number of Garage Spaces4
Occupant TypeTenant
Pool Y/NNo
PossessionClosing/Funding
Property SubtypeDuplex
Property TypeResidential Income
RoofComposition
School DistrictWaxahachie ISD
Standard StatusPending
StatusPending
Subdivision NameEdgewood Estates
UtilitiesAerobic Septic, City Water, Septic
Virtual Tour URL UnbrandedClick here
Will SubdivideNo
Year Built2025
Year Built DetailsNew Construction - Complete
Exterior for 4421-4423 Clovis Court
Attached Garage Y/NYes
Building Area Total3306.00
FencingBack Yard, Chain Link, Fenced, Full, Wood
Foundation Slab
Garage Y/NYes
Lot Size1 to < 3 Acres
Lot Size Acres1.0050
Lot Size Area1.0050
Lot Size SourceBuilder
Lot Size Square Feet43777.8000
Lot Size UnitsAcres
Number Of Parking Spaces4
Parking FeaturesGarage, Garage Door Opener
WaterfrontNo
Additional Details
Price History
Schools
Elementary School
Wedgeworth Elementary School
Middle School
N/A
Suzanne Smith
Broker/Owner
