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Jeannette Spinelli

Broker Associate & Founder | Spinelli Residential Group | KW - Austin Portfolio Real Estate

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6802 /6804 Florence Dr , Midlothian, TX 76065
$699,900
Est. Payment: $3,514.81/mo
8 Bed
4 Bath
3306 Sqft
Status: active | Days on site: 99
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Jeannette Spinelli
Broker Associate & Founder
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House Description

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.
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Highlights

Listed by Stephany Caravantes Sanchez , (210) 589-9579 Marshall Reddick Real Estate , (210) 589-9579. LERA MLS - Local Expertise Regional Access mls logo

Property Type

Multi-Family
Lot/Acreage
1.01

HOA Fee

1065 Annually

Year Built

2026

County

Ellis

Area

3300

 Neighborhood

Edgewood Estates

 School District

Waxahachie ISD

Listing ID

1941841

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:8
  • ▪ Bathrooms:4
  • ▪ Full Bathrooms:4
Air Cond:One Central
Fireplaces:
Floor:Carpeting,Vinyl

Exterior Features

Roof:Composition
Others:Covered Patio
Sewer:Septic
Principal Interest
$3,515
Taxes
$950
HOA
$1,065

Home Price

$699,900

Loan Details

30 yrs
6.434%

Down Payment

20%
$139,980
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,514.81

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $3,514.81 $950.00 $1,065.00 $5,529.81
Yearly $42,177.68 $11,400.00 $12,780.00 $66,357.68
Total $1,265,330.53 $342,000.00 $383,400.00 $1,990,730.53

Today's Rates

30 Year

6.43%

20 Year

6.23%

15 Year

5.8%

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Market insight data is pulled from the same city as the listing being viewed (Midlothian, TX).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.  The MLS may, at its discretion, require use of other disclaimers as necessary to protect participants and/or the MLS from liability.

IDX service by Blueroof 360

Data last updated: 2026-07-17T14:20:57.000Z

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