$699,900
Units: 2
27 Days On Market

Courtesy of Marshall Reddick Real Estate, Stephany Caravantes Sanchez (210) 589-9579

Property Type: One Story
Status: Active
Year Built: 2026
Neighborhood: Edgewood Estates
Days On Website: 27

Property Details for 6802/6804 Florence Drive, Midlothian, TX 76065

Builder offering rate buy-down options through preferred lender-as low as 4.25 (see attached for details). Select units are already pre-leased, and additional first-year property management incentives are available. A prime, turnkey addition to any investment portfolio. Fully leased and cash-flowing from day one, this luxury duplex is a standout investment in the booming DFW market. Built Class-A and designed for long-term performance, this new construction property sits on spacious acre lots with the added advantage of low property taxes-making it an ideal long-term hold. Each of the two thoughtfully designed single-story units offers approximately 1,653 SF of open-concept living space, featuring 3 bedrooms plus a versatile flex room (perfect as a fourth bedroom, office, or media space), 2 full baths, and an attached 2-car garage. Covered patios and private fenced backyards enhance tenant appeal with seamless indoor-outdoor living. Located at the corner of 875 and Edgewood Rd in the desirable Edgewood Estates community of Midlothian and zoned to highly regarded Waxahachie ISD. Just 30 minutes to both Downtown Dallas and Fort Worth, and only 8-10 minutes to Methodist Midlothian Medical Center, Baylor Scott & White Waxahachie, plus major retail and dining destinations. Easy access to major employment hubs further strengthens rental demand. Stabilized, income-producing, and positioned in one of North Texas' fastest-growing corridors-opportunities like this don't sit still.

Listing

  • 27 cumulative days on market
  • 27 days on market
  • Listing date: 2026-02-16 06:00:00
  • Price per square foot: $212

Location

  • County: Ellis
  • Subdivision: Edgewood Estates

Bedrooms

  • 4 bedrooms in unit 1
  • 4 bedrooms in unit 2

Bathrooms

  • 2 full bathrooms in unit 1
  • 2 full bathrooms in unit 2

Accessibility Features

  • Unit 1 disability access: No
  • Unit 2 disability access: No

Building

  • 3,306 square feet
  • 2 total units
  • Built in 2026
  • Builder: Value Builders, Inc
  • Oven/Stove
  • Disposal
  • Dishwasher
  • Washer Connection
  • Dryer Connection
  • Window Coverings
  • Oven/Stove
  • Disposal
  • Dishwasher
  • Washer Connection
  • Dryer Connection
  • Window Coverings

Exterior Features

  • Covered Patio
  • Brick
  • Siding

Floors

  • Carpeting
  • Vinyl

Foundation

  • Slab

Roof

  • Composition

Miscellaneous

  • Net operating income: $34,833
  • Unit 1 rent: $0
  • Unit 2 rent: $0
  • 6% vacancy rate
  • Annual operating expense: $20,247
  • Gross annual income: $55,080
  • Taxes
  • Insurance

Parking

  • 2 parking spaces for unit 1
  • Unit 1 parking type: Attached
  • 2 parking spaces for unit 2
  • Unit 2 parking type: Attached

Home Owner's Association

  • HOA name: EDGEWOOD ESTATES HOA

Lot

  • Lot size: 1.014

Schools

  • School district: Waxahachie Isd
  • Elementary school: Not Applicable
  • Middle school: Not Applicable
  • High school: Not Applicable

Cooling

  • One Central

Heating

  • Electric
  • Central

Utilities

  • Separate Electric
  • Separate Water
  • Septic

Taxes

  • Total tax amount: $11,400

Map View


$699,900 - 6802/6804 Florence Drive, Midlothian, TX 76065

Street View


Directions


6802/6804 Florence Drive
Midlothian, TX 76065
County: Ellis