6616-6618 Florence Drive, Midlothian, TX

$699,000

Previous Next

8

Beds

4

Baths

1.01

Acres

About 6616-6618 Florence Drive

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. This duplex is under construction with an estimated completion date of November to Dec 2026. 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%.

Features of 6616-6618 Florence Drive

MLS® # 21286994
Price $699,000
Bedrooms 8
Bathrooms 4.00
Full Baths 4
Acres 1.01
Year Built 2026
Type Residential Income
Sub-Type Duplex
Status Active

Community Information

Address 6616-6618 Florence Drive
Subdivision Edgewood Estates
City Midlothian
County Ellis
State TX
Zip Code 76065

Amenities

Utilities Septic
Parking Spaces 2
# of Garages 4
Garages Garage, Garage Door Opener
Is Waterfront No
Has Pool No

Interior

Interior Features Double Vanity, Granite Counters, Kitchen Island, Pantry, Walk-In Closet(s)
Heating Electric
Fireplace No

Exterior

Roof Composition
Construction Brick, Siding, Stone Veneer, Wood
Foundation Slab

School Information

District Waxahachie ISD
Elementary Wedgeworth
High Waxahachie

Financial Information

HOA Mandatory
HOA Fees $1,065
HOA Fees Frequency Annually
HOA Includes Front Yard Maintenance, Maintenance Grounds

Listing Details

AgentErion Shehaj
OfficeSignature Real Estate
Contact Info713-952-3200

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?