6487 Florence Dr Midlothian, TX 76065
Midlothian AreaEstimated payment $4,074/month
Highlights
- New Construction
- 4 Car Attached Garage
- Walk-In Closet
- Granite Countertops
- Double Vanity
- Kitchen Island
About This Home
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. 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
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
Map
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $1,535 | $145,000 | $145,000 | |
| 2025 | $1,535 | $119,000 | $119,000 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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)
MLS Number: 21286977
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Ask me questions while you tour the home.