Premier investment opportunity with this turnkey Class A duplex located in Midlothian’s highly sought-after Skyview neighborhood. Ideally situated just 30 minutes from both Dallas and Fort Worth, this fully stabilized opportunity features two units, each with a spacious 3-bedroom, 2.5-bath layout, a 2-car garage, and a private, fenced backyard with… Read More a covered patio. The interiors boast high-end finishes throughout, including granite kitchen countertops with a tiled backsplash, recessed and pendant lighting over the breakfast bar, upscale wood-look plank tile flooring, upgraded carpet, and a luxurious walk-in master shower. Both units are currently leased to long-term tenants at $1,995 per month, supported by a strong operating history, a low 2.03% tax rate, and minimal $600 per year HOA dues. With major economic drivers like the Google Data Centers project and two hospitals nearby, plus excellent property management in place and willing to stay on, this asset is primed for continued growth; ask about available DSCR financing with a 10-year interest-only option to maximize your cash flow. Read Less
Courtesy of Signature Real Estate, Erion Shehaj.
Listing Snapshot
Days Online
13
Last Updated
Property Type
Duplex
Beds
6
Full Baths
4
Partial Baths
2
Lot Size
0.18 Acres
Year Built
2018
MLS Number
21166790
Additional Details
Appliances & Equipment
ElectricCooktop, ElectricOven, Microwave
Building
Built in 2018, Construction materials: Brick, Levels: Two, 1 building, 2, Toal building area: 2824
Cooling
CentralAir, CeilingFans
Expenses
Insurance: $1,719
Fence
BackYard, Wood
Floors
Carpet, CeramicTile, Tile
Garage
2 garage spaces
Heating
Electric
Home Owner's Association
Association fee: $600
Income
Gross income: $47,880, Net operating income: $30,556