Donesha Bell
Chakra Wealth
License number: 0633689
phone: (469) 2331741
www.chakrawealt­h.com
Dallas, Texas
$845,000
640-642-644-646 Fallow Drive, Venus, Texas 76084, USA
MLS#
21176491
Property type
Residential For Sale, Multi-Family, Fourplex
Land size
0.18 sqft (0.02 m2)
Building Size
4,889 sqft (454.2 m2)
Status
Bedrooms
9
Baths
6
Half baths
2
Sale price per sqm
0 $
Prime investment opportunity that won't last long! This turnkey Class-A fourplex built in 2023, is located in Venus' highly sought-after Heritage Hills neighborhood, zoned to highly rated Midlothian Schools. Ideally situated just 30 minutes from both Dallas and Fort Worth, this fully stabilized opportunity features four units, a larger 3-bed 2-bath flat on the ground floor, a modern 2-bed 2-bath flat on the second floor and two townhouse-style 2-bed 1.5-bath units. Each unit has a dedicated one-car garage. The interiors boast high-end finishes throughout, including granite kitchen countertops with a tiled backsplash, recessed and pendant lighting over the breakfast bar, upscale wood-look plank tile flooring, upgraded carpet, and a luxurious walk-in master shower. All units are currently leased to long-term tenants at $1,795, $1,695, $1,595, and $1,495 per month, respectively, supported by a strong operating history, a low 2.4% tax rate, and affordable HOA dues of $ 1,500 per year. With major economic drivers such as the $1.6B Google Data Centers project and two nearby hospitals, plus excellent property management in place and willing to stay on, this asset is primed for continued growth. Ask about available DSCR financing with a 10-year interest-only option to maximize your cash flow.
Property Details
2023 Year Built:
Building or Complex name: Heritage Hill Estates Location:
Brick, Siding Construction:
Siding, Wood Exterior Description:
Resale Condition:
Dishwasher, Microwave, Disposal Appliances:
Garage Property Features:
Carpet Floors:
city water, City sewer Utilities:
Central, Electric Heating System:
Central Cooling System:
On Slab Basement and Foundation:
composition Roofing:
Parking / Garage
4 Number of parking spaces:
4 Garage Spaces:
Attached Garage Garage Description:
School Information
776 School District:
Vitovsky Elementary School:
Heritage High School:
Frank Seales Middle School:


Listing by: Signature Real Estate

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