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1311 Madrigall Parkway

Dallas, TX 75206 · View on map ↓

12Beds
8 + 4Baths
7,080Sqft
$2,596,000
MLS# 21385091

Overview

12 / 8 + 4 / 8
Bed / Bath / Gar
7,080
Sq Ft
2026
Year Built
0.166 acres
Lot Size
27
CDOM
Residential Income
Type

Description

Greenville Terrace presents a unique opportunity to acquire an entire four-unit, new-construction townhome development in the heart of Lower Greenville, one of East Dallas’ most desirable and vibrant neighborhoods. Designed with today’s rental market in mind, this property combines modern finishes, spacious floor plans, private garages, and rooftop living in a highly sought-after urban location. The development consists of four three-story townhomes, each offering 3 bedrooms, 2.5 bathrooms, an attached 2-car garage, and private rooftop access with impressive Dallas skyline views. Interiors feature open-concept living and dining areas, quartz countertops, stainless steel appliances, luxury vinyl plank flooring, hardwood stairs, and modern designer finishes throughout. With four separate residences under one ownership, Greenville Terrace offers an investor the opportunity to establish a rental portfolio within a single newly constructed property. New construction provides the additional advantage of modern systems, finishes, and building components, reducing the immediate capital improvement needs often associated with older investment properties. Located just steps from Greenville Avenue, future tenants can enjoy convenient access to some of Dallas’ most popular restaurants, bars, coffee shops, retail, entertainment, and neighborhood destinations. The combination of 3-bedroom layouts, attached 2-car garages, private rooftops, modern construction, and a premier East Dallas location creates a compelling offering for the rental market. An exceptional opportunity for an investor seeking four income-producing residences in one of Dallas’ most desirable urban neighborhoods. The HOA structure is currently under development, The purchaser will have the opportunity to establish HOA according to their ownership and operational plans. For GPS directions to Greenville Terrace, enter 5512 Bryan Parkway, Dallas.

Mortgage Calculator

20% · $519,200
0%50%
Principal & Interest$13,127(71%)
Property Tax (est. 2%)$4,327(23%)
Homeowner's Insurance (est.)$1,082(6%)
HOA$275(1%)
Est. Monthly Payment$18,535/mo
Est. Monthly$18,535

Estimate only — contact a lender for actual rates and terms. Property tax estimate based on 2% of purchase price.

Appliances
Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Vented Exhaust Fan
Interior Features
Built In Features, Kitchen Island, Open Floorplan, Pantry, Wired For Data, Walk In Closets
Flooring
Luxury Vinyl Plank, Tile
Heating
Heat Pump
Cooling
Heat Pump
Utilities
Electricity Connected, Sewer Available, Separate Meters, Underground Utilities, Water Available
Construction
Unknown
Roof
Flat, Synthetic
Foundation
Slab
Exterior Features
Permeable Paving
Pool
None
Security
Carbon Monoxide Detectors, Firewalls, Smoke Detectors
Levels
Three Or More
Garage Spaces
8
Attached Garage
Yes
Covered Spaces
8

Schools

Elementary
Geneva Heights (Dallas ISD)
Middle
Long (Dallas ISD)
High
Woodrow Wilson (Dallas ISD)

HOA

Fee
$275 / Monthly
Fee Includes
Maintenance Grounds, Maintenance Structure
Amenities
Maintenance Front Yard

Price & Status History

DateEventPrice
9/13/2026Listed for sale
Source: NTREIS #21385091
$2,596,000

Nearby Properties

Listed by Glenda Fabregas · Monument Realty
Source: NTREIS · MLS#: 21385091

Information deemed reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) program of NTREIS. Real estate listings held by brokerage firms other than Sirka.com are marked with the IDX logo and detailed information about them includes the name of the listing brokers.

© 2026 North Texas Real Estate Information Systems, Inc. All Rights Reserved.

12bed
12bath
8car
$2,596,000
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