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$699,000

4059-4061 Clovis Court, Midlothian, TX, 76065

On MarketInfo
Just AddedInfo
Beds8 Beds
Baths4 Bath
DuplexDuplex
Year BuiltBuilt in 2026

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 8Bedrooms 8
Bathrooms 4Bathrooms 4
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave
FlooringCarpet, Vinyl

Exterior

Lot Size1.09 acres

Land Information

APN00.3590.903.013.00.112
Lot Number13
SubdivisionEdgewood Ests
Land UseResidential Inventory
Legal DescriptionLOT 13 BLK C EDGEWOOD ESTS 1.09 AC
Census Tract060211
Assessed Land Value$119,000
Assessment Year2025

About this property

PRIME investment opportunity to add to your portfolio, house-hack, or complete your 1031 exchange: 5.25% 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 1653 SF 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. 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%.

Investor Tools

$0Estimated Mortgage Balance
$676,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,194 /month
Positive
Cash Flow Estimate:
$1,398 /month

Interested in this property?

Melanie Brewer

Legacy Realty Group

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$282/month
$1,065/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$119,000
2025
$119,000
N/A
$119,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$119,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$676,000
100%
0%
$0/mo

City: Midlothian