NOT LISTED FOR SALE

740 Fallow Dr Venus, TX 76084

Estimated Value: $830,000

9 Beds
8 Baths
4,889 Sq Ft
$170/Sq Ft Est. Value

Sale Details

Date Sold: August 14, 2025

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

7,841 Sq Ft Lot

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

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 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

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20964552

North Texas Real Estate Information Systems (NTREIS)
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