Midlothian, TX 76065 4216-4218-4220 Clovis Court
$965,000
Pending
9 more
Presented By: Erion Shehaj with Signature Real Estate; 713-952-3200
Beds • 9
Full/Half Baths • 6 / 3
SQFT • 5,513
Garage • 6
Home Details
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!
Presented By: Erion Shehaj with Signature Real Estate; 713-952-3200
Interior Features for 4216-4218-4220 Clovis Court
Bedrooms
Total Bedrooms9
Bathrooms
Half Baths3
Total Baths9
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Fireplace Y/NNo
FlooringCarpet, LuxuryVinylPlank
Heating Y/NYes
Interior AmenitiesDoubleVanity, GraniteCounters, KitchenIsland, Pantry, WalkInClosets
General for 4216-4218-4220 Clovis Court
Additional Parcels Y/NNo
AppliancesDishwasher, ElectricOven, ElectricRange, ElectricWaterHeater, Disposal, Microwave
Assoc Fee Paid PerAnnually
Association AmenitiesMaintenanceFrontYard
Association Fee IncludesMaintenanceGrounds
Association NameEdgewood Estates HOA
Attached Garage Yes
AttributionContact713-952-3200
Cap Rate6.09
Carport Y/NNo
CityMidlothian
Construction MaterialsBrick, StoneVeneer, WoodSiding
CoolingElectric
CountyEllis
DirectionsStreets in new construction communities do not always map correctly. This community sits at the corner of 875 and Edgewood Rd
Electric On Property Y/NNo
Elementary SchoolWedgeworth
Elementary School DistrictWaxahachie ISD
Full Baths6
Garage Spaces6.0
Garage Y/NYes
Gross Income88740.0
HOAYes
HOA Fee$1596.0
HeatingElectric
High SchoolWaxahachie
High School DistrictWaxahachie ISD
Home Warranty Y/NNo
Insurance Expense2800.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Legal DescriptionLot 6 Block D Edgewood Estates
LevelsTwo
Lot Size Square Feet43777.8
Lot Size UnitsAcres
Middle/Junior School DistrictWaxahachie ISD
MobileHomeRemainsYNNo
ModificationTimestamp2025-04-11T17:12:49.617-00:00
Net Operating Income58728.0
New ConstructionNo
Number Of Units Total3
Pool FeaturesNone
PossessionCloseOfEscrow
Property Attached Y/NNo
Property Sub Type AdditionalTriplex
Property SubtypeTriplex
Property TypeResidentialIncome
Rent Control Y/NNo
RoofComposition
Senior Community Y/NNo
SewerSepticTank
Standard StatusPending
StatusPending
Stories2
Subdivision NameEdgewood Estates
Tax Lot6
UtilitiesSepticAvailable
Virtual TourClick here
Waterfront Y/NNo
Year Built2025
Year Built DetailsProposed
Exterior for 4216-4218-4220 Clovis Court
Building Area Total5513.0
Crops Included Y/NNo
FencingBackYard, ChainLink, Fenced, Full, Wood
Foundation DetailsSlab
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres1.005
Lot Size Area1.005
Lot Size SourceBuilder
Number of Buildings1
Open Parking Y/NNo
Parking FeaturesGarage, GarageDoorOpener
SpaNo
Total Parking6.0
Additional Details
Price History
Schools
High School
Waxahachie High School
Elementary School
Wedgeworth Elementary School
Middle School
N/A
Mec Cheney
Realtor