$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
  • Frank Seales Middle 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
  • HumanModifiedYN: Yes
  • UniversalParcelId: urn:reso:upi:2.0:US:48251:85.7280.902.01
  • 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
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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 List to Sale Price per Sq Ft Prior Sale
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 -- -- -- View Prior Sale
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)

Agents Affiliated with this Home

  • Erion Shehaj

    Seller's Agent in 2025

    Erion Shehaj

    Signature Real Estate

    (713) 952-3200

    66 in this area

    179 Total Sales

    Erion Shehaj
    Section Image

  • C

    Buyer's Agent in 2025

    Caelan Beary

    Beary Nice Homes

    (817) 807-7818

    4 in this area

    60 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

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

Sold

MultiFamily

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