$699,000
NEW CONSTRUCTION

6487 Florence Dr Midlothian, TX 76065

Estimated payment $4,498/month

Total Views 93
8 Beds
4 Baths
3,306 Sq Ft
$211 Price per Sq Ft

Highlights

  • New Construction
  • 4 Car Attached Garage
  • Walk-In Closet
  • Granite Countertops
  • Double Vanity
  • Cooling Available

About This Home

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%.

Listing Agent

Erion Shehaj

Signature Real Estate Brokerage Phone: 713-952-3200 License #0516948 Listed on: 06/01/2026

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2026 | New Construction

Lot Details

  • 1 Acre Lot
  • Property is Fully Fenced
  • Wood Fence
  • Chain Link Fence
  • Back Yard

HOA Fees

  • $89 Monthly HOA Fees

Parking

  • 4 Car Attached Garage
  • Garage Door Opener

Home Design

  • Duplex
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof
  • Wood Siding
  • Stone Veneer

Interior Spaces

  • 1-Story Property

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms
  • Double Vanity

Schools

  • Wedgeworth Elementary School
  • Evelyn Love Coleman Middle School
  • Waxahachie High School

Utilities

  • Cooling Available
  • Heating Available
  • Electric Water Heater

Listing and Financial Details

  • Legal Lot and Block 6 / B
  • Assessor Parcel Number 309659

Community Details

Overview

  • Association fees include ground maintenance
  • 2 Units
  • 3,306 Sq Ft Building
  • Edgewood Estates HOA
  • Edgewood Estates Subdivision

Building Details

  • Gross Income $58,800
  • Net Operating Income $38,971

Property Details

Home Type

Multi-Family

Year Built

Built in 2026 | New Construction

Lot Details

1 Acres

HOA Fees

$89 per month

Parking

4

Listing Details

  • OWNERNAME: NA
  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Unit Levels: One
  • Year Built Details: New Construction - Incomplete
  • Attribution Contact: 713-952-3200
  • CapRate: 5.58
  • Co List Office Mls Id: SGTR01
  • HumanModifiedYN: No
  • UniversalParcelId: urn:reso:upi:2.0:US:48139:309659
  • Special Features: 4098
  • Year Built: 2026

Interior Features

  • Interior Amenities: Double Vanity, Granite Counters, Kitchen Island, Pantry, Walk-In Closet(s)
  • Flooring: Carpet, Luxury Vinyl Plank
  • Appliances: Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Disposal, Microwave

Beds/Baths

  • Full Bathrooms: 4
  • Total Bedrooms: 8

Exterior Features

  • Foundation: Slab
  • Fencing: Back Yard, Chain Link, Fenced, Full, Wood
  • Roof: Composition
  • Construction Materials: Brick, Stone Veneer, Wood Siding
  • Pool Features: None
  • Waterfront: No

Garage/Parking

  • Cooling System: Electric
  • Garage Spaces: 4.0
  • Parking Features: Garage, Garage Door Opener
  • Attached Garage YN: Yes
  • GarageYN: Yes

Utilities

  • Sewer: Septic Tank
  • Heating: Electric
  • Utilities: Septic Available
  • Heating Yn: Yes

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Grounds
  • Association Fee: 1065.0
  • Association Fee Frequency: Annually
  • Association Name: Edgewood Estates HOA

Schools

  • Elementary School: Wedgeworth
  • High School: Waxahachie
  • Junior High Dist: Waxahachie ISD

Lot Info

  • Lot Size Units: Acres
  • Lot Size Area: 1.005
  • Parcel Number: 309659
  • Lot Size Acres: 1.005
  • Lot Size Sq Ft: 43777.8

Building Info

  • Year Built: 2026
  • Units Total: 2
  • SeniorCommunityYN: No

Multi Family

  • Insurance Expense: 2850.0
  • Annual Gross Income: 58800.0
  • Property Net Operating Income: 38971.0

Tax Info

  • TaxBlock: B
  • Tax Lot: 6

MLS Schools

  • MiddleOrJuniorSchool: Evelyn Love Coleman

Map

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Property History

Date Event Price List to Sale Price per Sq Ft
06/01/2026 06/01/26 For Sale $699,000 -- $211 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 21286977

North Texas Real Estate Information Systems (NTREIS)
Your Personal Tour Guide

Ask me questions while you tour the home.