Listing provided courtesy of Signature Real Estate- MLS# 21239622MLS ProviderContact Information: Erion Shehaj - 713-952-3200

632 and 636 Harvest Moon DriveVenus, TX 76084

Multi-Family · 6 Beds · 4 Full Baths · 2,662 Sq. ft. | 0.19 Acres
$504,000 Active

632 and 636 Harvest Moon Drive Overview

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Prime opportunity with this turnkey Class-A duplex built in 2021, located in Venus' highly sought-after Heritage Hills neighborhood, zoned to highly rated Midlothian Schools. Ideally situated just 30 minutes from both Dallas and Fort Worth, this fully stabilized opportunity features two units, each with a spacious 3-bedroom, 2-bath layout on one level, a 2-car garage, and a private, fenced backyard with a covered patio. The interiors boast high-end finishes throughout, including granite kitchen countertops with a tiled backsplash, recessed and pendant lighting over the breakfast bar, upscale wood-look plank tile flooring, upgraded carpet, and a luxurious walk-in master shower. Both units are currently leased to long-term tenants at $1,995 and $1800 per month, respectively, supported by a strong operating history, a low 2.4% tax rate, and minimal $750 per year HOA dues. With major economic drivers like the $1.6B Google Data Centers project and two hospitals nearby, plus excellent property management in place and willing to stay on, this asset is primed for continued growth; ask about available DSCR financing with a 10-year interest-only option to maximize your cash flow.

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632 and 636 Harvest Moon Drive Facts & Features

  • Type Multi-Family
  • Sq. ft. 2,662
  • Price/Sq.ft. $189
  • Lot 0.19 Acres

Details

General

Association/HOA

  • Association Amenities: Maintenance Front Yard
  • Association Fee: 750.0
  • Association Fee Frequency: Annually
  • Association Fee Includes: Maintenance Grounds
  • Association Name: Goodwin Company
  • Association: Yes

School Information

  • School District: Midlothian ISD
  • Elementary School: Mtpeak
  • Middle Or Junior School: Dieterich
  • High School: Midlothian

Income/Expenses

  • Gross Income: 44400.0
  • Insurance Expense: 2622.0
  • Net Operating Income: 27476.0
  • Operating Expense Includes: Maintenance,Professional Management

Building Information

  • Year Built: 2021
  • Year Built Details: Preowned

Location/Region

  • Country: US
  • County Or Parish: Ellis
  • Postal City: VENUS
  • Subdivision Name: Heritage Hills Estates Ph 1

Community/Development

  • Community Features: Community Mailbox

Tax Information

  • Tax Annual Amount: 11418.0

General Information

  • Listing Terms: Cash,Conventional,1031 Exchange,FHA
  • Parcel Number: 284009
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Senior Community: No

Interior

Parking Information

  • Garage Spaces: 4.0
  • Garage: Yes

Beds/Baths

  • Bathrooms Full: 4
  • Bathrooms Total: 4
  • Bedrooms Total: 6

Building Interior

  • Building Area Source: Appraiser
  • Building Area Total: 2662.0

General Information

  • Appliances: Dishwasher,Electric Range,Electric Water Heater
  • Flooring: Carpet,Luxury Vinyl Plank
  • Foundation Details: Slab
  • Interior Features: Decorative/Designer Lighting Fixtures,Kitchen Island,Open Floorplan,Pantry,Walk-In Closet(s)
  • Levels: One
  • Stories: 1

Exterior

Parking Information

  • Parking Features: Additional Parking,Concrete,Driveway
  • Parking Total: 4.0

Lot Information

  • Lot Features: Subdivision
  • Lot Size Acres: 0.186
  • Lot Size Area: 0.186
  • Lot Size Square Feet: 8102.16
  • Lot Size Units: Acres
  • Number Of Buildings: 1
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Attached Garage: Yes
  • Construction Materials: Brick,Wood Siding
  • Roof: Shingle

General Information

  • Fencing: Back Yard,Fenced
  • Number Of Units Total: 2
  • Pool Features: None
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available,Sewer Available,Separate Meters,Underground Utilities,Water Available

Unit Information

Unit 1 Details

  • Unit Type: 3 Bedroom
  • Units Total: 636

Unit 2 Details

  • Unit Type: 3 Bedroom
  • Units Total: 632
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632 and 636 Harvest Moon Drive Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.
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