3841 LEDGESTONE LANE, MIDLOTHIAN, TX 76065
Homes for sale in Midlothian.
Homes for sale in 76065.
List Price$675,000
3841 Ledgestone Lane
Midlothian, TX 76065
Listing #21074365
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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