3841 Ledgestone Lane, Midlothian, TX

$799,999

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5

Beds

5

Baths

3,842

Square feet

1.44

Acres

About 3841 Ledgestone Lane

ATTENTION INVESTORS!!! Looking to add to your portfolio before the year is over? I've got an incredible opportunity for you. This well-maintained 4-plex offers a total of 3,842 sq. ft., built in 2007, and sits on 1.4 acres in a peaceful, highly desirable location. With four fantastic tenants already in place, this is a true turnkey opportunity. Each unit is slightly different in layout and design, with walls and ceilings constructed of Structural Insulated Panels (SIPs) — providing superior energy efficiency to save on electric bills and excellent sound resistance for quiet, comfortable living. The property features ample parking, a shed, and a 24x48 shop that includes a fifth living quarters with 1 bedroom and 1 bath. The current seller operates a business out of the shop and would like to sign a 10-year lease, providing additional long-term stability and income for the buyer. This lease amount would be in ADDITION to the $66,600 per year that is already being brought in. The driveway owned by the neighbor and there is an easement With its prime Midlothian location, peaceful surroundings, and STRONG rental history, this is the investment you’ve been waiting for!

Features of 3841 Ledgestone Lane

MLS® # 21074365
Price $799,999
Bedrooms 5
Bathrooms 5.00
Full Baths 5
Square Footage 3,842
Acres 1.44
Year Built 2007
Type Residential Income
Sub-Type Quadruplex
Status Active

Community Information

Address 3841 Ledgestone Lane
Subdivision Duvall Place Add Rev
City Midlothian
County Ellis
State TX
Zip Code 76065-1727

Amenities

Utilities City Water, Concrete, Electricity Available, Individual Water Meter, Septic
Parking Spaces 10
Garages Additional Parking, Driveway, Gravel, No Garage, Oversized
Is Waterfront No
Has Pool No

Interior

Interior Features Built-in Features, Cable TV Available, Decorative Lighting, Eat-in Kitchen, High Speed Internet Available
Heating Electric, Other
Fireplace No

Exterior

Exterior Features Covered Porch(es), Storage
Lot Description Acreage
Roof Metal
Construction Siding
Foundation Slab

School Information

District Midlothian ISD
Elementary Larue Miller
Middle Dieterich
High Midlothian

Financial Information

HOA None
Tax Unexempt $14,318

Listing Details

AgentJada Greenwood
OfficeRE/MAX Frontier
Contact Info612-597-6102

Listing Map

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