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$605,454

633-637 Blackland Drive, Venus, TX, 76084

Off MarketInfo
Beds6 Beds
Baths4 Bath
Baths2,658 Sq Ft
DuplexDuplex
Year BuiltBuilt in 2024

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 6Bedrooms 6
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater
FlooringCarpet

Exterior

Lot Size8,120 sqft

Building Information

Year Built2023
Stories1
Roof Type105
Garage Spaces4

Land Information

APN00.4675.901.050.00.108
Lot Number50
SubdivisionHeritage Hills Est Ph 2
Land UseResidential
Legal DescriptionLOT 50 BLK A HERITAGE HILLS EST PH 2 0.1864 AC
Census Tract060803
Assessed Land Value$80,000
Assessed Improvement Value$525,454
Assessment Year2025

About this property

Prime opportunity to invest in a Class-A new construction luxury duplex in scorching hot DFW market. Builder's Preferred Lender offers below market fixed rate financing in the low to mid 5s plus get Owner's title policy paid by Builder when using preferred Lender. This duplex is to be built and is estimated to be complete by end of April 2024. Strong tenant demand and fast leasing in DFW. Fantastic location across near Google's $600M Data Center. Ellis County has experienced explosive population growth in the last decade. Children attend Midlothian schools. This duplex has two 3-bedroom units with 2 baths. Each unit has a two car garage and a fenced in back yard. Projected rents of $1995 per month based on strong Tenant demand for duplexes in Phase 1. Easy commute to major area employers. Wealth of opportunities to relax & play nearby. Professional property management in place at a favorable rate of 5%. Hurry - this won't last!

Investor Tools

Property Icon
$605,454
Estimated Property Value
$0Estimated Mortgage Balance
$412,641Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,633 /month
Positive
Cash Flow Estimate:
$1,211 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$582/month
$750/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,951
$605,454
2025
$80,000
$525,454
$605,454
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,951
$605,454

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Solera National Bank
Open End Mortgage / Open End With Future Advance Clause
$200,000
No
First
May 29, 2024
May 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$192,813
$412,641
68%
32%
$1,200/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,950/mo
+$22/mo
3.9%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Venus

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633-637 Blackland Drive | Property Details | No Agent List