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Listing provided courtesy of Signature Real Estate- MLS# 21292903MLS ProviderContact Information: Erion Shehaj - 713-952-3200

4027-4029 Clovis StreetMidlothian, TX 76065

Multi-Family · 8 Beds · 4 Full Baths · 3,306 Sq. ft. | 1.00 Acres
$699,000 Pending

4027-4029 Clovis Street Overview

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PRIME investment opportunity to add to your portfolio, house-hack, or complete your 1031 exchange: 4.25% financing when using the preferred Lender for a limited time! Class-A new construction luxury duplex on a 1-acre lot with LOW property taxes in scorching hot DFW market. This duplex features two 1653sf units with 4 bedrooms, 2 baths, and a 2-car garage on one level. Each unit has a covered patio and a fenced-in backyard. Edgewood Estates is located in Midlothian, Texas, and it is zoned to good Waxahachie ISD schools. 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. With major economic drivers such as the $1.6B Google Data Centers project and two nearby hospitals, plus excellent property management in place, this asset is primed for continued growth. Proven rents of $2,450 per month per unit in peak leasing season. Easy commute to major employers. Professional property management is in place at a great rate of 5%.

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4027-4029 Clovis Street Facts & Features

  • Type Multi-Family
  • Sq. ft. 3,306
  • Price/Sq.ft. $211
  • Lot 1.00 Acres

Details

General

Association/HOA

  • Association Amenities: Maintenance Front Yard
  • Association Fee: 1065.0
  • Association Fee Frequency: Annually
  • Association Fee Includes: Maintenance Grounds
  • Association Name: Edgewood Estates HOA
  • Association: Yes

School Information

  • School District: Waxahachie ISD
  • Elementary School: Wedgeworth
  • Middle Or Junior School: Evelyn Love Coleman
  • High School: Waxahachie

Income/Expenses

  • Gross Income: 58920.0
  • Insurance Expense: 2850.0
  • Net Operating Income: 36906.0

Building Information

  • Year Built: 2025
  • Year Built Details: New Construction - Complete

Location/Region

  • Country: US
  • County Or Parish: Ellis
  • Postal City: MIDLOTHIAN
  • Subdivision Name: Edgewood Estates

General Information

  • Listing Terms: Cash,Conventional,FHA,VA Loan
  • Parcel Number: 309675
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Senior Community: No

Interior

Parking Information

  • Garage Spaces: 4.0
  • Garage: Yes

Beds/Baths

  • Bathrooms Full: 4
  • Bathrooms Half: 0
  • Bathrooms Total: 4
  • Bedrooms Total: 8

Building Interior

  • Building Area Source: Builder
  • Building Area Total: 3306.0

General Information

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

Exterior

Parking Information

  • Parking Features: Garage,Garage Door Opener
  • Parking Total: 2.0

Lot Information

  • Lot Size Acres: 1.005
  • Lot Size Area: 1.005
  • Lot Size Source: Builder
  • Lot Size Square Feet: 43777.8
  • Lot Size Units: Acres
  • Number Of Buildings: 1

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

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

General Information

  • Fencing: Back Yard,Chain Link,Fenced,Full,Wood
  • Number Of Units Total: 2
  • Pool Features: None
  • Sewer: Septic Tank
  • Utilities: Septic 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.
* 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.

4027-4029 Clovis Street Market Data

Based on the last 30 days in this zip code

$567,446
Average List Price
$196
Average Price per Square Foot
88
Properties Sold
357
Average Days on Market
1,125
Properties for Sale
Calculations provided by Reliance Network


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