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Beds9
Baths6Full31/2
Sq.Ft.5,513
Year2025
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Status:
Pending
Property Type:Triplex
MLS #:20826360
Sq. Feet:5,513
On Site:12 Days
Lot Size:1 Acres
County:Ellis
Monthly HOA:$133
PRIME investment opportunity: 5.25% financing when using preferred Lender for a limited time! Class-A new construction luxury Triplex on acre lots with LOW property taxes in scorching hot DFW market. This triplex features three 1838sf units with 3 bedrooms, 2.5 baths and 2 car garage. Each unit has a covered patio and a fenced in back yard. Triplex is to be built with estimated completion May 2025. 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 $2,465 per mo. Easy commute to major employers. Professional property management in place at a great rate of 5%. Hurry - this won't last!
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Community Information
Address:3812 Clovis Street, Midlothian, TX 76065
County:Ellis
City:Midlothian
Subdivision:Edgewood Estates
Zip Code:76065
Condo Project:Edgewood Estates
School Information
School:Waxahachie ISD
High School:Waxahachie
Junior High School:Evelyn Love Coleman
Elementary School:Wedgeworth
Architecture
Bedrooms:
9
Bathrooms:
6 Full / 3 Half
Year Built:2025
Stories:2
Construction Materials: Brick, Siding, Stone Veneer, Wood
Roof: Composition
Foundation Details: Slab
Parking Features: Garage, Garage Door Opener
Parking Spaces Garage: 6
Features / Amenities
Interior Features: Double Vanity, Granite Counters, Kitchen Island, Pantry, Walk-In Closet(s)
Appliances: Dishwasher, Disposal, Electric Oven, Electric Range, Electric Water Heater, Microwave
Flooring: Carpet, Luxury Vinyl Plank
Heating: Electric
Cooling: Electric
Property Features
Lot Size:
1 Acres
Lot Dimensions:1 to < 3 Acres
Waterfront: No
Utilities: Septic
Utilities: Septic
Fencing: Back Yard, Chain Link, Fenced, Full, Wood
Directions:Streets in new construction communities do not always map correctly. This community sits at the corner of 875 and Edgewood Rd
Tax and Financial Info
Listing Terms: Cash, Conventional, FHA, VA Loan
Capitalization Rate: 6.09
Gross Annual Expenses: $27,380
Gross Annual Income: $88,740
Insurance Expense: $2,800
Association Type: Mandatory
HOA Fees: $1596 (Paid Annually)
Listing Agent/Office
Listing provided courtesy of Erion Shehaj, Signature Real Estate (713-952-3200).Schools
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3812 Clovis Street Midlothian, TX 76065
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Information is deemed reliable, but is not guaranteed accurate by the MLS or NTREIS. The information being provided is for the consumer's personal, non-commercial use, and may not be reproduced, redistributed or used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than My Texas Home Resource are marked with the NTREIS IDX logo and information about them includes the name of the listing brokerage.NTREIS data last updated February 4, 2025.
