1311 Madrigall Parkway, Dallas, Texas

$2,596,000

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12

Beds

8.4

Baths

7,080

Square feet

0.17

Acres

About 1311 Madrigall Parkway

Greenville Terrace presents a unique opportunity to acquire an entire four-unit, new-construction townhome development in the heart of Lower Greenville, one of East Dallas’ most desirable and vibrant neighborhoods. Designed with today’s rental market in mind, this property combines modern finishes, spacious floor plans, private garages, and rooftop living in a highly sought-after urban location. The development consists of four three-story townhomes, each offering 3 bedrooms, 2.5 bathrooms, an attached 2-car garage, and private rooftop access with impressive Dallas skyline views. Interiors feature open-concept living and dining areas, quartz countertops, stainless steel appliances, luxury vinyl plank flooring, hardwood stairs, and modern designer finishes throughout. With four separate residences under one ownership, Greenville Terrace offers an investor the opportunity to establish a rental portfolio within a single newly constructed property. New construction provides the additional advantage of modern systems, finishes, and building components, reducing the immediate capital improvement needs often associated with older investment properties. Located just steps from Greenville Avenue, future tenants can enjoy convenient access to some of Dallas’ most popular restaurants, bars, coffee shops, retail, entertainment, and neighborhood destinations. The combination of 3-bedroom layouts, attached 2-car garages, private rooftops, modern construction, and a premier East Dallas location creates a compelling offering for the rental market. An exceptional opportunity for an investor seeking four income-producing residences in one of Dallas’ most desirable urban neighborhoods. The HOA structure is currently under development, The purchaser will have the opportunity to establish HOA according to their ownership and operational plans. For GPS directions to Greenville Terrace, enter 5512 Bryan Parkway, Dallas.

Features of 1311 Madrigall Parkway

MLS® # 21385091
Price $2,596,000
Bedrooms 12
Bathrooms 8.40
Full Baths 8
Half Baths 4
Square Footage 7,080
Acres 0.17
Year Built 2026
Type Residential Income
Sub-Type Multiple Single Units
Status Active

Community Information

Address 1311 Madrigall Parkway
Subdivision GREENVILLE TERRACE
City Dallas
County Dallas
State Texas
Zip Code 75206

Amenities

Utilities Asphalt, City Sewer, City Water, Curbs, Electricity Connected, Individual Water Meter, Sidewalk, Underground Utilities
Parking Spaces 9
# of Garages 8
Garages Additional Parking, Concrete, Garage Door Opener, Garage Double Door, Garage Faces Side, Shared Driveway
Is Waterfront No
Has Pool No

Interior

Interior Features Built-in Features, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s), Wired for Data
Heating Heat Pump
Fireplace No

Exterior

Exterior Features Permeable Paving
Roof Flat, Synthetic
Construction Unknown
Foundation Slab

School Information

District Dallas ISD
Elementary Geneva Heights
Middle Long
High Woodrow Wilson

Financial Information

HOA Mandatory
HOA Fees $275
HOA Fees Frequency Monthly
HOA Includes Back Yard Maintenance, Front Yard Maintenance, Maintenance Grounds, Maintenance Structure

Additional Information

Short Sale No
RE / Bank Owned No

Listing Details

AgentGlenda Fabregas
OfficeMonument Realty
Contact Info214-773-9669

Listing Map

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