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Investment Highlights

  • 4.25% Financing
  • Positive Cashflow
  • 50% Pre-Leased to Long Term Tenant
  • Professional Property Management in Place

Executive Summary

PRIME investment opportunity to add to your portfolio, house-hack, or complete your 1031 exchange: 4.25% financing when using the preferred Lender for a limited time! 50% Pre-leased! Class-A new construction luxury duplex on a 1-acre lot with LOW property taxes in scorching hot DFW market. This duplex features two 1653sf units with 4 bedrooms, 2 baths, and a 2-car garage on one level. Each unit has a covered patio and a fenced-in backyard. Edgewood Estates is located in Midlothian, Texas, and it is zoned to good Waxahachie ISD schools. Midlothian is just a short 30 min drive to Downtown Dallas and Fort Worth. Also, this project is within a short 8-10 min drive to Methodist Midlothian Health, Waxahachie's Baylor Scott and White, as well as to Midlothian and Waxahachie's retail and dining. With major economic drivers such as the $1.6B Google Data Centers project and two nearby hospitals, plus excellent property management in place, this asset is primed for continued growth. Proven rents of $2,450 per month per unit (one side pre-leased) and peak leasing season. Easy commute to major employers. Professional property management is in place at a great rate of 5%.

Financial Summary (Pro Forma - 2026)

Annual Annual Per SF
Gross Rental Income $58,800 $17.81
Other Income - -
Vacancy Loss $1,764 $0.53
Effective Gross Income $57,036 $17.28
Taxes $9,547 $2.89
Operating Expenses $8,518 $2.58
Total Expenses $18,065 $5.47
Net Operating Income $38,971 $11.81

Financial Summary (Pro Forma - 2026)

Gross Rental Income
Annual $58,800
Annual Per SF $17.81
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual $1,764
Annual Per SF $0.53
Effective Gross Income
Annual $57,036
Annual Per SF $17.28
Taxes
Annual $9,547
Annual Per SF $2.89
Operating Expenses
Annual $8,518
Annual Per SF $2.58
Total Expenses
Annual $18,065
Annual Per SF $5.47
Net Operating Income
Annual $38,971
Annual Per SF $11.81

Property Facts

Price $699,000
Price Per Unit $349,500
Sale Type Investment
Cap Rate 5.58%
Gross Rent Multiplier 11.89
No. Units 2
Property Type
Multifamily
  • Multifamily Apartments
Apartment Style Townhome
Lot Size 1.00 AC
Building Size 3,301 SF
Average Occupancy 50%
No. Stories 1
Year Built 2026
Parking Ratio 1.21/1,000 SF
Cross Streets Clovis St

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
4+2 2 $2,450 1,653
Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
  • Listing ID: 40048316

  • Date on Market: 4/6/2026

  • Last Updated:

  • Address: 7064 Guilford Ct, Midlothian, TX 76065

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