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$519,000

656-660 Wheatfield Drive, Venus, TX, 76084

On MarketInfo
Beds6 Beds
Baths4 Bath
Baths2,658 Sq Ft
DuplexDuplex
Year BuiltBuilt in 2023

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 6Bedrooms 6
Bathrooms Full 4Bathrooms Full 4
Garage AvailableGarage Available
Heating CentralHeating Central
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater
FlooringCarpet, Vinyl

Exterior

Lot Size8,124 sqft

Building Information

Year Built2023
Stories1
Roof Type105
Garage Spaces4

Land Information

APN00.4675.901.038.00.108
Lot Number38
SubdivisionHeritage Hills Est Ph 2
Land UseResidential
Legal DescriptionLOT 38 BLK A HERITAGE HILLS EST PH 2 0.1865 AC
Census Tract060803
Assessed Land Value$80,000
Assessed Improvement Value$525,454
Assessment Year2025

About this property

50% Lease! Purchase as your primary home and generate income to help offset your mortgage payment! Prime opportunity to invest in a Class-A luxury duplex in scorching hot DFW market. 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%.

Investor Tools

$368,006Estimated Mortgage Balance
$237,448Estimated Equity
39% 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

Interested in this property?

Erion Shehaj

Signature Real Estate

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$951/month
$750/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,383
$605,454
2025
$80,000
$525,454
$605,454
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,383
$605,454

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cmg Mortgage Inc
Conventional
$385,500
No
First
Nov 17, 2023
Dec 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$368,006
$237,448
39%
61%
$2,312/mo

City: Venus

656-660 Wheatfield Drive | Property Details | No Agent List