Listing provided courtesy of Signature Real Estate- MLS# 21258952MLS ProviderContact Information: Erion Shehaj - 713-952-3200

656-660 Wheatfield DriveVenus, TX 76084

Multi-Family · 6 Beds · 4 Full Baths · 2,662 Sq. ft. | 0.19 Acres
$519,000 Active

656-660 Wheatfield Drive Overview

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50% Lease! Purchase as your primary home and generate income to help offset your mortgage payment! Prime opportunity to invest in a Class-A luxury duplex in scorching hot DFW market. Strong tenant demand and fast leasing in DFW. Fantastic location across near Google's $600M Data Center. Ellis County has experienced explosive population growth in the last decade. Children attend Midlothian schools. This duplex has two 3-bedroom units with 2 baths. Each unit has a two-car garage and a fenced in back yard. Easy commute to major area employers. Wealth of opportunities to relax & play nearby. Professional property management in place at a favorable rate of 5%.

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656-660 Wheatfield Drive Facts & Features

  • Type Multi-Family
  • Sq. ft. 2,662
  • Price/Sq.ft. $195
  • Lot 0.19 Acres

Details

General

Association/HOA

  • Association Fee: 750.0
  • Association Fee Frequency: Annually
  • Association Fee Includes: Maintenance Grounds
  • Association Name: Goodwin Company
  • Association: Yes

School Information

  • School District: Midlothian ISD
  • Elementary School: Vitovsky
  • Middle Or Junior School: Frank Seales
  • High School: Heritage

Income/Expenses

  • Gross Income: 47880.0
  • Insurance Expense: 1900.0
  • Net Operating Income: 25553.0
  • Operating Expense Includes: Insurance,Maintenance,Vacancy Allowance

Building Information

  • Year Built: 2023
  • Year Built Details: Preowned

Location/Region

  • Country: US
  • County Or Parish: Ellis
  • Postal City: VENUS
  • Subdivision Name: Heritage Hill Estates

General Information

  • Listing Terms: Cash,Conventional
  • Parcel Number: 296869
  • Property Sub Type: Duplex
  • Property Type: Residential Income

Interior

Parking Information

  • Garage Spaces: 4.0
  • Garage: Yes

Beds/Baths

  • Bathrooms Full: 4
  • Bathrooms Half: 0
  • Bathrooms Total: 4
  • Bedrooms Total: 6

Building Interior

  • Building Area Source: Plans
  • Building Area Total: 2662.0

General Information

  • Appliances: Dishwasher,Electric Range,Electric Water Heater,Disposal
  • Flooring: Carpet,Luxury Vinyl Plank
  • Foundation Details: Slab
  • Interior Features: Granite Counters,Kitchen Island,Open Floorplan,Pantry,Walk-In Closet(s)
  • Levels: One
  • Stories: 1

Exterior

Parking Information

  • Parking Features: Garage
  • Parking Total: 2.0

Lot Information

  • Lot Size Acres: 0.1865
  • Lot Size Area: 0.1865
  • Lot Size Dimensions: 65X125
  • Lot Size Source: Plans
  • Lot Size Square Feet: 8123.94
  • Lot Size Units: Acres
  • Number Of Buildings: 1
  • Road Surface Type: Asphalt
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Attached Garage: Yes
  • Construction Materials: Brick,Stone Veneer,Wood Siding
  • Roof: Composition

General Information

  • Number Of Units Total: 2
  • Pool Features: None
  • Sewer: Public Sewer
  • Utilities: Sewer Available,Water Available

Unit Information

Unit 1 Details

  • Unit Type: 3 Bedroom
  • Units Total: 1

Unit 2 Details

  • Unit Type: 3 Bedroom
  • Units Total: 1

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

656-660 Wheatfield Drive Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

656-660 Wheatfield Drive Market Data

Based on the last 30 days in this zip code

$499,705
Average List Price
$190
Average Price per Square Foot
31
Properties Sold
392
Average Days on Market
424
Properties for Sale
Calculations provided by Reliance Network


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