Sirka Real Estate
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9Beds
6 + 2Baths
$830,000
MLS# 21192780

Overview

9 / 6 + 2 / 4
Bed / Bath / Gar
Sq Ft
2024
Year Built
0.18 acres
Lot Size
79
CDOM
Quadruplex
Type

Description

PERFECT FOR 1031 EXCHANGE! Prime opportunity to invest in this 100% occupied, like-new luxury fourplex in the scorching hot DFW market. Fantastic location near Google's $1.6B Data Centers and within a 30-minute drive to both Dallas and Fort Worth. Ellis County has experienced explosive population growth in the last decade and is expected to grow by 200% by 2050. This investment property is zoned to great Midlothian schools, attracting quality long-term tenants. The fourplex features a diverse unit mix: one 3BR-2BA flat unit leased for $1795, one 2BR-2BA flat unit leased for $1695, and two townhouse-style 2BR-1.5BA units, one leased at $1595 and $1495, each with its own one-car garage - a highly desirable tenant amenity. With Class A finishes throughout, the property has an excellent operating history with minimal vacancy and turnover. This property offers an excellent balance of immediate cash flow and long-term appreciation potential, backed by the DFW market's continued economic growth.

Mortgage Calculator

$
%
20% · $166,000
0%50%
Principal & Interest$4,197(69%)
Property Tax (est. 2%)$1,383(23%)
Homeowner's Insurance (est.)$346(6%)
HOA$150(2%)
Est. Monthly Payment$6,076/mo
Est. Monthly$6,076

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
Interior Features
Granite Counters, Kitchen Island, Open Floorplan, Pantry, Walk In Closets
Flooring
Carpet, Luxury Vinyl Plank
Heating
Central, Electric
Cooling
Central Air
Utilities
Sewer Available, Water Available
Construction
Brick, Stone Veneer, Wood Siding
Roof
Composition
Foundation
Slab
Pool
None
Levels
Two
Stories
2
Garage Spaces
4
Attached Garage
Yes

Schools

Elementary
Vitovsky (Midlothian ISD)
Middle
Frank Seales (Midlothian ISD)
High
Heritage (Midlothian ISD)

HOA

Fee
$1,800 / Annually
Fee Includes
Maintenance Grounds

Location

Nearby Properties

Listed by Erion Shehaj · Signature Real Estate
Source: NTREIS · MLS#: 21192780

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.

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9bed
8bath
4car
$830,000
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Sirka Real Estate
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