6802 Florence Dr Midlothian, TX 76065
Midlothian AreaEstimated payment $4,586/month
Highlights
- New Construction
- Granite Countertops
- 2 Car Direct Access Garage
- 1 Acre Lot
- Covered Patio or Porch
- Double Vanity
About This Home
ATTENTION INVESTORS — FULLY OCCUPIED DUPLEX WITH INCOME FROM DAY ONE! This fully leased, income-producing luxury duplex offers immediate rental income and a turnkey investment opportunity in the growing DFW market. With both units occupied, investors can step into a stabilized property without the downtime, lease-up risk, or upfront vacancy period often associated with new construction. Builder rate buy-down options may be available through the preferred lender for qualified buyers, with rates advertised as low as 4.25%. Additional first-year property management incentives may also be available. Built as a Class-A investment property, this new construction duplex sits on a spacious acre lot with low property taxes, supporting long-term hold potential. Each single-story unit offers approximately 1,653 SF of open-concept living space with 4 bedrooms, 2 full bathrooms, and an attached 2-car garage. Covered patios and private fenced backyards add tenant appeal and functional outdoor space. Located at the corner of 875 and Edgewood Rd in the Edgewood Estates community of Midlothian and zoned to Waxahachie ISD. The property is approximately 30 minutes from both Downtown Dallas and Fort Worth, and minutes from Methodist Midlothian Medical Center, Baylor Scott & White Waxahachie, retail, dining, and major employment corridors. Fully occupied, stabilized, and income-producing from day one, this duplex is positioned as a turnkey addition to an investment portfolio in a growing North Texas corridor.
Listing Agent
Marshall Reddick Real Estate Brokerage Phone: 210-339-2932 License #0798332 Listed on: 04/18/2026
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
- Evelyn Love Coleman Middle 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
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 07/02/2026 07/02/26 | Rented | $2,450 | 0.0% | -- |
| 06/24/2026 06/24/26 | Price Changed | $2,450 | -2.0% | $1 / Sq Ft |
| 06/11/2026 06/11/26 | For Rent | $2,499 | 0.0% | -- |
| 06/01/2026 06/01/26 | For Sale | $699,000 | 0.0% | $211 / Sq Ft |
| 05/31/2026 05/31/26 | Off Market | -- | -- | -- |
| 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)
MLS Number: 21244051
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Ask me questions while you tour the home.