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$699,000

6625-6627 Florence Drive, Midlothian, TX, 76065

$712,847 ARVInfo
On MarketInfo
Just AddedInfo
Beds8 Beds
Baths4 Bath
Baths3,306 Sq Ft
DuplexDuplex
price_per_sqft$211.43 / sqft
Year BuiltBuilt in 2026

Property Lead Type:

Move-In Ready

Highlights

Interior

Bedrooms 8Bedrooms 8
Bathrooms 4Bathrooms 4
AppliancesElectric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Microwave
FlooringCarpet, Ceramic Tile, Luxury Vinyl Plank

Building Information

Garage Spaces4

About this property

5.25% Rate (only with preferred lender) on this prime Investment opportunity to add to your portfolio, house hack, or complete your 1031 exchange. Class A new construction luxury duplex on a 1 acre lot with very LOW property taxes in the 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
$699,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$712,847
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
$X/month
$1,065/month
5.947%

City: Midlothian

6625-6627 Florence Drive | Property Details | No Agent List