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$554,430

NAL Estimated Property Value

641-645 Blackland Drive, Venus, TX, 76084

Off MarketInfo
Beds6 Beds
Baths4 Bath
Baths2,434 Sq Ft
DuplexDuplex
Year BuiltBuilt in 2024

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 6Bedrooms 6
Bathrooms 4Bathrooms 4
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

APN00.4675.901.051.00.108
Lot Number51
SubdivisionHeritage Hills Est Ph 2
Land UseResidential
Legal DescriptionLOT 51 BLK A HERITAGE HILLS EST PH 2 0.1864 AC
Census Tract060803
Assessed Land Value$80,000
Assessed Improvement Value$474,430
Assessment Year2025

About this property

CLOSEOUT! 5.25% Financing Available through the Preferred Lender for a limited time. Prime opportunity to invest in a Class-A new construction luxury duplex in scorching hot DFW market. This duplex is completed and half rented already. Unit 645 is rented for $1950. 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. 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
$554,430
Estimated Property Value
$385,603Estimated Mortgage Balance
$168,827Estimated Equity
30% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,327 /month
Positive
Cash Flow Estimate:
$1,109 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$482/month
$750/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,008
$554,430
2025
$80,000
$474,430
$554,430
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,008
$554,430

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cmg Mortgage Inc
Unknown
$397,425
No
First
Sep 23, 2024
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$385,603
$168,827
30%
70%
$2,383/mo

City: Venus

641-645 Blackland Drive | Property Details | No Agent List