6632-6634 Florence Dr, Midlothian, TX 76065

$699,000
: 8
BD
: 4
BA

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List Price: $699,000
MLS#: 21227309
Status: ACTIVE
Type: Multifamily
Subtype: ResidentialIncome
Year Built: 2026
Bedrooms: 8
Bathrooms: 4
Acres: 1.01
County: Ellis
City: Midlothian
Subdivision: Edgewood Estates
Building Name: Edgewood Estates

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Property Description

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. This duplex is currently under construction with an estimated completion date of August-September 2026. 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 30-minute drive to Downtown Dallas and Fort Worth. Also, this project is a short 8-10 min drive from Methodist Midlothian Health and Waxahachie’s Baylor Scott and White, as well as from 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, this asset is primed for continued growth. Proven rents of $2,450 per month per unit at peak leasing season. Easy commute to major employers. Professional property management is in place at a great rate of 5%.

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