$699,000
NEW CONSTRUCTION

6802 Florence Dr Midlothian, TX 76065

Estimated payment $4,498/month

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

Highlights

  • New Construction
  • Granite Countertops
  • 2 Car Direct Access Garage
  • 1 Acre Lot
  • Covered Patio or Porch
  • Double Vanity

About This Home

Builder offering rate buy-down options through preferred lender—as low as 4.25%. Select units are already pre-leased, and additional first-year property management incentives are available. A prime, turnkey addition to any investment portfolio. Fully leased and cash-flowing from day one, this luxury duplex is a standout investment in the booming DFW market. Built Class-A and designed for long-term performance, this new construction property sits on spacious acre lots with the added advantage of low property taxes—making it an ideal long-term hold. Each of the two thoughtfully designed single-story units offers approximately 1,653 SF of open-concept living space, featuring 3 bedrooms plus a versatile flex room (perfect as a fourth bedroom, office, or media space), 2 full baths, and an attached 2-car garage. Covered patios and private fenced backyards enhance tenant appeal with seamless indoor-outdoor living. Located at the corner of 875 and Edgewood Rd in the desirable Edgewood Estates community of Midlothian and zoned to highly regarded Waxahachie ISD. Just 30 minutes to both Downtown Dallas and Fort Worth, and only 8–10 minutes to Methodist Midlothian Medical Center, Baylor Scott & White Waxahachie, plus major retail and dining destinations. Easy access to major employment hubs further strengthens rental demand. Stabilized, income-producing, and positioned in one of North Texas’ fastest-growing corridors—opportunities like this don’t sit still.

Listing Agent

Eric Douglas

Marshall Reddick Real Estate License #0826890 Listed on: 04/18/2026

Co-Listing Agent

Monique Jelley

Marshall Reddick Real Estate License #0798332

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2026 | New Construction

Lot Details

  • 1 Acre Lot
  • Wood Fence
  • Chain Link Fence
  • Back Yard

HOA Fees

  • $89 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Accessed On Kitchen Level
  • Front Facing Garage
  • Single Garage Door
  • Driveway

Home Design

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

Kitchen

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

Flooring

  • Carpet
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

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

Schools

  • Wedgeworth Elementary School
  • Waxahachie High School

Utilities

  • Cooling Available
  • Heating Available
  • Aerobic Septic System

Additional Features

  • 1-Story Property
  • Covered Patio or Porch

Listing and Financial Details

  • Legal Lot and Block 21 / C

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 $55,080
  • Net Operating Income $34,833

Property Details

Home Type

Multi-Family

Year Built

Built in 2026 | New Construction

Lot Details

1 Acres

HOA Fees

$89 per month

Parking

2

Listing Details

  • OWNERNAME: Value Builders
  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Unit Levels: One
  • Year Built Details: New Construction - Complete
  • CapRate: 4.98
  • Co List Office Mls Id: MRSH01
  • Co List Office Phone: 210-339-2932
  • Co List Office Mls Id: MRED01
  • HumanModifiedYN: Yes
  • UniversalParcelId: urn:reso:upi:2.0:US:48139:000000
  • Special Features: NewHome
  • Year Built: 2026

Interior Features

  • Fireplace Features: None
  • Interior Amenities: Double Vanity, Granite Counters, Kitchen Island, Pantry, Walk-In Closet(s)
  • Flooring: Carpet, Luxury Vinyl Plank
  • Appliances: Dishwasher, Electric Oven, Electric Range, Microwave
  • Basement YN: No

Beds/Baths

  • Full Bathrooms: 4
  • Total Bedrooms: 8

Exterior Features

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

Garage/Parking

  • Cooling System: Electric
  • Garage Spaces: 2.0
  • Total Covered Spaces: 2.0
  • Parking Features: Concrete, Direct Access, Door-Single, Driveway, Garage Faces Front, Garage, Kitchen Level
  • Attached Garage YN: Yes
  • GarageYN: Yes

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Grounds
  • Association Fee: 1068.0
  • Association Fee Frequency: Annually
  • Association Name: Edgewood Estates HOA

Schools

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

Lot Info

  • Lot Features: Acreage
  • Lot Size Units: Acres
  • Lot Size Area: 1.0
  • Parcel Number: 000000
  • Lot Size Acres: 1.0
  • Lot Size Sq Ft: 43560.0

Building Info

  • Year Built: 2026
  • Units Total: 2

Multi Family

  • Insurance Expense: 2850.0
  • Annual Gross Income: 55080.0
  • Property Net Operating Income: 34833.0

Tax Info

  • TaxBlock: C
  • Tax Lot: 21

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

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/18/2026 04/18/26 For Sale $699,000 -0.1% $211 / Sq Ft
02/16/2026 02/16/26 For Sale $699,900 -- $212 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 21244051

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

Ask me questions while you tour the home.