3841 LEDGESTONE LANE, MIDLOTHIAN, TX 76065

Homes for sale in Midlothian.

Homes for sale in 76065.


Active

List Price$675,000

3841 Ledgestone Lane

Midlothian, TX 76065

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

Listing #21074365

5

Bedrooms

5 full

Bathrooms

3,842

Square Feet

5

Number of Units

Multi-Unit Residential

Type

About This Property

HUGE PRICE REDUCTION!!! ATTENTION INVESTORS!! Looking to add to your portfolio? I've got an incredible opportunity for you. This well-maintained 4-plex offers a total of 3,842 sq. ft., built in 2007, and sits on 1.4 acres in a peaceful, highly desirable location. With four fantastic tenants already in place, this is a true turnkey opportunity. Each unit is slightly different in layout and design, with walls and ceilings constructed of Structural Insulated Panels (SIPs) -- providing superior energy efficiency to save on electric bills and excellent sound resistance for quiet, comfortable living. The property features ample parking, a shed, and a 24x48 shop. The majority of the shop has recently been converted to a 5th unit featuring 1 bedroom 1 bathroom, kitchenette, and living room. Part of the shop is being used for an office with it's own separate entrance. Great for a business office There is 100 amp 220 Volt for electric. The 5th unit are not calculated into the rental income already being brought in, so this lease amount would be in ADDITION to the $67,800 per year that is already being brought in. The driveway owned by the neighbor and there is an easement With its prime Midlothian location, peaceful surroundings, and STRONG rental history, this is the investment you've been waiting for!

Property Features

Location Information

County

Ellis

Subdivision

Duvall Place Add Rev

Interior Features

Interior

Built-in Features, Decorative/Designer Lighting Fixtures, Eat-in Kitchen, High Speed Internet, Cable TV

Cooling

Ceiling Fan(s), Electric, Multi Units, Other, Window Unit(s)

Full Baths

5

Floors

Carpet, Laminate, Luxury Vinyl Plank

Has Fireplace

No

Appliances

Dishwasher, Electric Range, Microwave, Refrigerator

Number of Fireplaces

0

Total Number of Units

5

Heating

Electric, Other

Exterior Features

Stories

1

Lot Description

Acreage

Exterior

Storage

Lot Size in Acres

1.442

Foundation

Slab

Lot Size in Sq. Ft.

62,813

Roof

Metal

Buildings

3

Utilities

Electricity Available, Septic Available, Separate Meters, Water Available, Cable Available

Building Total Area (Sq. Ft.)

3,842

Parking Description

Additional Parking, Driveway, Gravel, No Garage, Oversized

Green Energy Features

Insulation, Roof

Garage Spaces

3

Is One Story

Yes

Fencing

Chain Link

Lot Description

Acreage

Patio / Deck Description

Covered

Windows Description

Window Coverings

Pool Description

None

School

Elementary School District

Midlothian ISD

Jr. High School

Dieterich

Elementary School

Larue Miller

High School

Midlothian

Additional Information

Year Built Details

Preowned

Has a Home Owners Association

No

Property Type

RI

Tax Annual Amount

14318.0

Property SubType

Quadruplex

Documents Available

Aerial

Year Built

2007

Lot Acres Source

Public Records

Status

Active

Similar Listings

Mortgage Calculator

$3,151

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$2,432

Monthly Tax

$562

Monthly Insurance

$157

yrs

%

$

$

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.

Schools

Walk Score

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