$830,000
SOLD AUG 14, 2025
Last list price

740 Fallow Dr Venus, TX 76084

9 Beds
8 Baths
4,889 Sq Ft
7,841 Sq Ft Lot

Recently Sold

$170 Per Sq Ft

42 Days on Market

Highlights

  • Open Floorplan
  • 4 Car Attached Garage
  • Kitchen Island
  • Granite Countertops
  • Walk-In Closet
  • Luxury Vinyl Plank Tile Flooring

About This Home

As of August 2025

100% Leased! Prime opportunity to invest in luxury fourplex in scorching hot DFW market. Tenant occupied and Professional property management in place. Fantastic location near Google's $600M Data Center. Ellis County has experienced explosive population growth in the last decade. Children attend Midlothian schools. The fourplex has a mix of favorable floor plans, including 3-2 unit (flat), a 2-2 unit (flat) and two townhouse style 2-1.5 units. Each unit has a one car garage. Easy commute to major area employers. Wealth of opportunities to relax & play nearby.

Last Agent to Sell the Property

Erion Shehaj

Signature Real Estate Brokerage Phone: 713-952-3200 License #0516948 Listed on: 06/09/2025

Last Buyer's Agent

Caelan Beary

Beary Nice Homes License #0709151

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2023

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 70x140

HOA Fees

  • $150 Monthly HOA Fees

Parking

  • 4 Car Attached Garage

Home Design

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

Interior Spaces

  • 2-Story Property
  • Open Floorplan

Kitchen

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

Flooring

  • Carpet
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 9 Bedrooms
  • Walk-In Closet

Schools

  • Vitovsky Elementary School
  • Heritage High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Legal Lot and Block 12 / B
  • Assessor Parcel Number 85.7280.902.01

Community Details

Overview

  • Association fees include ground maintenance
  • 4 Units
  • 4,889 Sq Ft Building
  • Goodwin Company Association
  • Heritage Hill Estates Subdivision

Building Details

  • Gross Income $80,160
  • Net Operating Income $44,917

Property Details

Home Type

Multi-Family

Year Built

Built in 2023

Lot Details

0

HOA Fees

$150 per month

Parking

4

Listing Details

  • OWNERNAME: N/A
  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Unit Levels: Two
  • Year Built Details: Preowned
  • Attribution Contact: 713-952-3200
  • CapRate: 5.41
  • Co List Office Mls Id: SGTR01
  • Special Features: 4098
  • Year Built: 2023

Interior Features

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

Beds/Baths

  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Total Bedrooms: 9

Exterior Features

  • Foundation: Slab
  • Roof: Composition
  • Construction Materials: Brick, Stone Veneer, Wood Siding
  • Pool Features: None
  • RoadSurfaceType: Asphalt

Garage/Parking

  • Cooling System: Central Air
  • Garage Spaces: 4.0
  • Parking Features: Garage
  • Attached Garage YN: Yes
  • GarageYN: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Central, Electric
  • Utilities: Sewer Available, Water Available
  • Heating Yn: Yes

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Grounds
  • Association Fee: 1800.0
  • Association Fee Frequency: Annually
  • Association Name: Goodwin Company

Schools

  • Elementary School: Vitovsky
  • High School: Heritage
  • Junior High Dist: Midlothian ISD

Lot Info

  • Lot Size Units: Acres
  • Lot Size Area: 0.18
  • Lot Size: 70X140
  • Parcel Number: 85.7280.902.01
  • Lot Size Acres: 0.18
  • Lot Size Sq Ft: 7840.8

Building Info

  • Year Built: 2023
  • Units Total: 4

Multi Family

  • Insurance Expense: 2700.0
  • Annual Gross Income: 80160.0
  • Property Net Operating Income: 44917.0

Tax Info

  • TaxBlock: B
  • Tax Lot: 12

MLS Schools

  • MiddleOrJuniorSchool: Frank Seales

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2025 08/14/25 Sold -- -- --
07/21/2025 07/21/25 Pending -- -- --
06/09/2025 06/09/25 For Sale $830,000 0.0% $170 / Sq Ft
09/15/2023 09/15/23 Rented $1,550 0.0% --
09/12/2023 09/12/23 Under Contract -- -- --
08/12/2023 08/12/23 For Rent $1,550 0.0% --
02/17/2023 02/17/23 Sold -- -- --
02/02/2023 02/02/23 Pending -- -- --
01/04/2023 01/04/23 For Sale $785,000 -- $161 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Erion Shehaj

    Seller's Agent in 2025

    Erion Shehaj

    Signature Real Estate

    (713) 952-3200

    65 in this area

    170 Total Sales

    Erion Shehaj
    Section Image

  • C

    Buyer's Agent in 2025

    Caelan Beary

    Beary Nice Homes

    (817) 807-7818

    4 in this area

    50 Total Sales

    Caelan Beary
    Section Image
  • Virginia Gaytan

    Seller's Agent in 2023

    Virginia Gaytan

    Texas Management and Leasing

    (469) 331-8218

    5 Total Sales

    Virginia Gaytan
    Section Image

  • B

    Buyer's Agent in 2023

    Brandell Flores

    Equity First Realty Partners

    (832) 788-3134

    5 in this area

    105 Total Sales

    Brandell Flores
    Section Image
See All Agents

Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20964552

North Texas Real Estate Information Systems (NTREIS)
Texas Ellis County Venus 76084

740 Fallow Dr, Venus, TX

This home is located at 740 Fallow Dr, Venus, TX 76084 and is currently priced at $830,000, approximately $169 per square foot. This property was built in 2023. 740 Fallow Dr is a home located in Ellis County with nearby schools including J A Vitovsky Elementary School and Frank Seale Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

North Texas Real Estate Information Systems (NTREIS) Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2025. All rights reserved

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