Tbd3 Tbd3 Clovis Street

Midlothian, TX 76065

$707,000
Price
8
Beds
4
Baths
3,306 Sq. Ft.
$214 / Sq. Ft.
3,306
Sq. Ft.
$214
per Sq. Ft.

Description

PRIME investment opportunity: 5.25% financing when using preferred Lender for a limited time! Class-A new construction luxury duplex on acre lots with LOW property taxes in scorching hot DFW market. This duplex features two 1653sf units with 3 bedrooms + a flex room (that can serve as a 4th bedroom) 2 baths and 2 garage all on one level. Each unit has a covered patio and a fenced in back yard. Duplex is to be built with estimated completion December 2024. Edgewood Estates is located in Midlothian...PRIME investment opportunity: 5.25% financing when using preferred Lender for a limited time! Class-A new construction luxury duplex on acre lots with LOW property taxes in scorching hot DFW market. This duplex features two 1653sf units with 3 bedrooms + a flex room (that can serve as a 4th bedroom) 2 baths and 2 garage all on one level. Each unit has a covered patio and a fenced in back yard. Duplex is to be built with estimated completion December 2024. Edgewood Estates is located in Midlothian Texas and it is zoned to good Waxahachie ISD. 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. Projected rents of $2495 per mo based on comparable duplexes nearby. Easy commute to major employers. Professional property management in place at a great rate of 5%. Hurry - this won't last!
  1. Listed by Erion Shehaj • TREC #0516948 • Signature Real Estate • 713-952-3200

Property Details for Tbd3 Tbd3 Clovis Street

Subdivision Name
Edgewood Estates
HOA Management Company
Edgewood Estates HOA
Pool
No
Garage Spaces
4
Number Of Parking Spaces
2
LISTING UPDATED: 07/03/2024 08:10 PM

Property Details for Tbd3 Tbd3 Clovis Street

StatusActive
MLS #20664579
Days on Market119
Taxes-
HOA Fees$750 / year
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Full Duplex
Year Built2024
Lot Size1.00 AC / 43,777 SF
CountyEllis County

Building Information for Tbd3 Tbd3 Clovis Street

Stories1Residences2Year Built2024Building Size-Lot Size1.00 AC / 43,777 SF

Property Information for Tbd3 Tbd3 Clovis Street

Summary
Location and General Information
  • Block: D
  • Complex Name: Edgewood Estates
  • Directions: Streets in new construction communities do not always map correctly. This community sits at the corner of 875 and Edgewood Rd
  • Elementary School: Wedgeworth
  • Elementary School Name: Wedgeworth
  • High School: Waxahachie
  • High School Name: Waxahachie
  • Junior High School: Evelyn Love Coleman
  • Senior Community Yes/No: No
  • Year Built Details: Proposed
  • School District: Waxahachie ISD
  • Geocode Confidence: Low
  • Latitude: 32.41
  • Longitude: -96.94
  • State: Texas
Parking
  • Parking Features: Garage, Garage Door Opener
  • Attached Garage: Yes
  • Garage: Yes
Taxes and HOA Information
  • Tax Legal Description: Lot 11 Block D Edgewood Estates
  • Association Fee Includes: Front Yard Maintenance, Maintenance Grounds
  • Association Type: Mandatory
  • HOA Management Company Phone: 000-000-0000
  • Association Fee: $750.00
  • Association Fee Frequency: Annually
  • Special Taxing Entities: No
  • Tax Lot: 11
Virtual Tour
Interior and Exterior Features
Interior Features
  • Flooring: Carpet, Luxury Vinyl Plank
  • Heating: Electric
  • Interior Features: Double Vanity, Granite Counters, Kitchen Island, Pantry, Walk-In Closet(s)
  • Appliances: Dishwasher, Disposal, Electric Oven, Electric Range, Electric Water Heater, Microwave
  • Cooling: Electric
  • Smart Home Features Appor Pass Y: No
Exterior Features
  • Building Area Source: Builder
  • Construction Materials: Brick, Siding, Stone Veneer, Wood
  • Fencing: Back Yard, Chain Link, Fenced, Full, Wood
  • Foundation Details: Slab
  • Number Of Stories: 1
  • Roof: Composition
  • Waterfront: No
  • Number Of Units Total: 2
  • Levels: One
Property
Utilities
  • Utilities: Septic
Property and Assessments
  • Accessory Unit: No
  • Financing Proposed: Cash, Conventional, FHA, VA Loan
  • Handicap: No
  • Loan Type: Treat As Clear
Lot Information
  • Lot Size: 1 to < 3 Acres
  • Lot Size Acres: 1.005
  • Lot Size Area: 1.005
  • Lot Size Source: Builder
  • Lot Size Units: Acres
  • Lot Size Square Feet: 43777.8
  • Multi Parcel ID: No
  • Parcel Number: 000000
Multi Family
Multi-Family Information
  • Number Of Buildings: 1
  • Capitalization Rate: 5.50%
  • Gross Annual Expenses: $19,201
  • Gross Annual Income: $59,880
  • Insurance Expense: $1,800
  • Net Operation Income: $38,883.00
Unit 1
  • Approximate SQFT: 1653.0
  • Average Lease Amount: $2,495.00
  • Dining Area Length: 14.0
  • Dining Area Width: 11.0
  • Kitchen Length: 13.0
  • Kitchen Width: 12.0
  • Living Area Length: 15.0
  • Living Area Width: 13.0
  • Master Bed Length: 14.0
  • Master Bed Width: 14.0
  • Number Of Baths Full: 2
  • Unit Type Type: 3 Bedroom
  • Unit Type Units Total: 1
Unit 2
  • Approximate SQFT: 1653.0
  • Average Lease Amount: $2,495.00
  • Dining Area Length: 14.0
  • Dining Area Width: 11.0
  • Kitchen Length: 13.0
  • Kitchen Width: 12.0
  • Living Area Length: 15.0
  • Living Area Width: 13.0
  • Master Bed Length: 14.0
  • Master Bed Width: 14.0
  • Number Of Baths Full: 2
  • Unit Type Type: 3 Bedroom
  • Unit Type Units Total: 1

Property History for Tbd3 Tbd3 Clovis Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near Tbd3 Tbd3 Clovis Street

This home is within Waxahachie Independent School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 8 to 12
Public - 9 to 12
Rating
School
Distance
Wedgeworth Elementary School
PublicK to 5

Eddie Finley Sr J H
Public6 to 8

Waxahachie High School
Public8 to 12

Waxahachie Global High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Tbd3 Tbd3 Clovis Street is a multi-family home for sale in Midlothian, TX 76065. This property was listed for sale on July 3, 2024 by Signature Real Estate, it's currently listed at $707,000. This listing's school district is Waxahachie Independent School District. Nearby schools include Wedgeworth Elementary School, Eddie Finley Sr J H and Waxahachie High School. Tbd3 Tbd3 Clovis Street is a 8-bed, 4-bath, 3,306 sqft multi-family home built in 2024.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Signature Real Estate, Erion Shehaj

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