NOT LISTED FOR SALE

706 Fallow Dr Venus, TX 76084

Estimated Value: $891,000

2 Beds
1.5 Baths
1,134 Sq Ft
$786/Sq Ft Est. Value

Highlights

  • Open Floorplan
  • 1 Car Direct Access Garage
  • Landscaped
  • Contemporary Architecture
  • Community Playground
  • Luxury Vinyl Plank Tile Flooring

About This Home

As of February 2024

This property is located in Venus, Texas within the prestigious Midlothian ISD and only a short 30 minute commute to downtown Dallas. Contemporary high end features include granite kitchen countertops, stainless steel built in kitchen appliances, refrigerator included, tiled backsplash, refrigerator included, under-mount kitchen sink, upscale wood look vinyl plank flooring in living, dining and wet areas, upgraded carpet in bedrooms, walk in closets, utility area with full size washer and dryer connections, 1 car rear entry garage, beautifully landscaped.
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Last Agent to Rent the Property

Virginia Gaytan

Texas Management and Leasing Brokerage Phone: 469-331-8218 License #0623996 Listed on: 02/20/2024

Last Renter's Agent

Maura Giles

Keller Williams Realty License #0671442

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2022

Lot Details

  • 9,801 Sq Ft Lot
  • Landscaped
  • Sprinkler System

Parking

  • 1 Car Direct Access Garage
  • Rear-Facing Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Contemporary Architecture
  • Quadruplex
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • 1,134 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Decorative Lighting
  • Window Treatments

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry in Hall
  • Washer and Electric Dryer Hookup

Home Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Schools

  • Vitovsky Elementary School
  • Frank Seales Middle School
  • Midlothian High School

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • High Speed Internet

Listing and Financial Details

  • Residential Lease
  • Security Deposit $1,595
  • Tenant pays for all utilities, electricity, insurance, pest control, sewer, trash collection, water
  • 12 Month Lease Term
  • $60 Application Fee
  • Legal Lot and Block 7 / B
  • Assessor Parcel Number 284035

Community Details

Overview

  • Heritage Hills HOA
  • Heritage Hills Ests Subdivision
  • Property managed by Texas Management and Leasing
  • Mandatory Home Owners Association

Amenities

  • Community Mailbox

Recreation

  • Community Playground

Pet Policy

  • Pet Deposit $500
  • $25 Monthly Pet Rent
  • 1 Pet Allowed
  • Breed Restrictions

Property Details

Home Type

Multi-Family

Year Built

Built in 2022

Lot Details

9,801 Sq Ft Lot

Parking

1

Rental Info

  • PetsAllowed: Yes, Breed Restrictions, Call
  • Deposit Amount: 1595
  • Pet Deposit: 500
  • Lease Conditions: Application Fee, Credit Report, Prior Residence Info., References Required, Written Application (+), Other
  • Lease Term: 12 Months
  • Lease Type: Yearly
  • Monthly Pet Fee: 25
  • Number Of Pets Allowed: 1
  • Tenant Pays: All Utilities, Electricity, Insurance, Pest Control, Sewer, Trash Collection, Water, Other
  • App Fee Payable To: Texas Management and Leasing
  • Application Fee: 60
  • Furnished YN: No
  • Lease Term Description: Yearly

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Quadruplex
  • Architectural Style: Contemporary/Modern
  • Structural Style: Apartment
  • Unit Levels: Two
  • Restrictions: No Smoking, No Sublease, No Waterbeds, Pet Restrictions
  • Security: Fire Sprinkler System, Smoke Detector(s)
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Property Managed By: Texas Management and Leasing
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • App Fee Plus18 Yrs Y N: Yes
  • Attribution Contact: 469-331-8218
  • Special Features: NewHome
  • Year Built: 2022

Interior Features

  • Square Footage: 1134.00
  • Windows: Window Coverings
  • Fireplace Features: None
  • Interior Amenities: Decorative Lighting, High Speed Internet Available, Open Floorplan, Pantry
  • Flooring: Carpet, Luxury Vinyl Plank
  • Appliances: Dishwasher, Disposal, Electric Range, Microwave, Refrigerator
  • Basement YN: No
  • Number Of Dining Areas: 1
  • Number Of Living Areas: 1
  • Room Count: 5
  • Appliances: Yes

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Pool: No
  • Foundation: Slab
  • Community Features: Playground, Sidewalks
  • Roof: Composition
  • Construction Materials: Brick, Rock/Stone, Vinyl Siding

Garage/Parking

  • Cooling System: Ceiling Fan(s), Central Air
  • Garage Spaces: 1
  • Total Covered Spaces: 1
  • Number Of Vehicles: 2
  • Parking Features: Garage Single Door, Direct Access, Driveway, Garage, Garage Door Opener, Garage Faces Rear
  • Attached Garage YN: Yes
  • GarageYN: Yes

Utilities

  • Heating: Central
  • LaundryFeatures: Electric Dryer Hookup, In Hall, Washer Hookup
  • Utilities: Alley, City Sewer, Community Mailbox, Concrete, Curbs, Sidewalk, Underground Utilities

Condo/Co-op/Association

  • Association Type: Mandatory
  • Hoa Management Company: Heritage Hills
  • HOA Management Company: 000-000-0000

Schools

  • School District: Midlothian ISD
  • Elementary School: Vitovsky

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Features: Landscaped, Sprinkler System, Subdivision
  • Lot Size Units: Acres
  • Lot Size Area: 0.2250
  • Parcel Number: 284035
  • Lot Size Acres: 0.2250
  • Lot Size Sq Ft: 9801.0000

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 2022
  • SeniorCommunityYN: No

Tax Info

  • TaxBlock: B
  • Tax Lot: 7

MLS Schools

  • Middle School Name: Frank Seales
  • Elementary School Name: Vitovsky
  • High School Name: Midlothian

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 31, 2021
Sold by
Heritage Hills Development Llc
Bought by
Value Builders Inc
Current Estimated Value
$891,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000,000
Outstanding Balance
$8,934,577
Interest Rate
2.9%
Mortgage Type
Construction
Estimated Equity
-$8,043,577
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Value Builders Inc -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Value Builders Inc $10,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/29/2024 02/29/24 Rented $1,595 0.0% --
02/20/2024 02/20/24 For Rent $1,595 0.0% --
01/15/2023 01/15/23 Rented $1,595 0.0% --
01/12/2023 01/12/23 Under Contract -- -- --
01/03/2023 01/03/23 For Rent $1,595 -- --
Source: North Texas Real Estate Information Systems (NTREIS)

Tax History

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
2025 $13,807 $806,545 $90,000 $716,545
2024 $13,807 $942,000 -- --
2023 $13,807 $785,000 $80,000 $705,000
2022 $2,420 $143,173 $60,000 $83,173
2021 $1,029 $39,600 $39,600 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20541119

North Texas Real Estate Information Systems (NTREIS)

APN: 284035

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