Midlothian, TX 76065 4016-4018 Clovis Street
$707,000
17 more
Presented By: Erion Shehaj with Signature Real Estate; 713-952-3200
Home Details
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 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 $2395 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!
Presented By: Erion Shehaj with Signature Real Estate; 713-952-3200
Interior Features for 4016-4018 Clovis Street
Bedrooms
Total Bedrooms8
Bathrooms
Half Baths0
Total Baths4
Other Interior Features
Unit Count2
Lock Box TypeNone
FlooringCarpet, Luxury Vinyl Plank
Interior FeaturesDouble Vanity, Granite Counters, Kitchen Island, Pantry, Walk-In Closet(s)
Total Units2
General for 4016-4018 Clovis Street
# of Buildings1
Accessory Unit Y/NNo
AppliancesDishwasher, Disposal, Electric Oven, Electric Range, Electric Water Heater, Microwave
Assoc Fees750
Association Fee FrequencyAnnually
Capitalization Rate5.50
CityMidlothian
Complex NameEdgewood Estates
Construction MaterialsBrick, Siding, Stone Veneer, Wood
CoolingElectric
CountyEllis
DirectionsStreets in new construction communities do not always map correctly. This community sits at the corner of 875 and Edgewood Rd
Elementary SchoolWedgeworth
Elementary School NameWedgeworth
Full Baths4
Gross Annual Expenses19201.00
HOA Fee IncludesFront Yard Maintenance, Maintenance Grounds
HOA TypeMandatory
HeatingElectric
High SchoolWaxahachie
Insurance Expense1800
Junior High SchoolEvelyn Love Coleman
LevelsOne
Number of Garage Spaces4
Pool Y/NNo
PossessionClosing/Funding
Property SubtypeDuplex
Property TypeResidential Income
RoofComposition
School DistrictWaxahachie ISD
Standard StatusActive
StatusActive
Subdivision NameEdgewood Estates
UtilitiesSeptic
Virtual Tour URL UnbrandedClick here
Will SubdivideNo
Year Built2025
Year Built DetailsProposed
Exterior for 4016-4018 Clovis Street
Attached Garage Y/NYes
Building Area Total3306.00
FencingBack Yard, Chain Link, Fenced, Full, Wood
Foundation Slab
Garage Y/NYes
Lot Size1 to < 3 Acres
Lot Size Acres1.0050
Lot Size Area1.0050
Lot Size SourceBuilder
Lot Size Square Feet43777.8000
Lot Size UnitsAcres
Number Of Parking Spaces2
Parking FeaturesGarage, Garage Door Opener
WaterfrontNo
Additional Details
Price History
Schools
Elementary School
Wedgeworth Elementary School
Middle School
N/A
Mec Cheney
Realtor