Turnkey Fourplex Investment
640-642-644-646 Fallow Drive Venus, TX 76084
640-642-644-646 Fallow Drive, Venus, TX, 76084
$829,000
For Sale
$829,000
MULTI_FAMILY - Venus, TX
Lot Size0.18 Acres
Days on Market13
Property Features for 640-642-644-646 Fallow Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Quadruplex
- Bedrooms
- 9
- Bathrooms
- 8
- Rooms
- Bedroom 4, Bathroom 6, Bedroom 5, Bedroom 8, Bathroom 8, Bathroom 1, Bathroom 4, Bedroom 6, Bathroom 2, Bedroom 3, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 9, Bedroom 7, Bathroom 3, Bathroom 7
- Parking
- 4
- Parking features
- Garage
- Interior features
- EatInKitchen, GraniteCounters, KitchenIsland, OpenFloorplan, Pantry, WalkInClosets
- Appliances
- Dishwasher, ElectricRange, ElectricWaterHeater, Disposal, Microwave
- Standard status
- Active
- APN
- 284034
- Lot size
- 0.18 Acres
Taxes and HOA fees
- Tax Description
- LOT 6 BLK B HERITAGE HILLS ESTS PH 1 0.225
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 2023
- Floors in Building
- 2
- Number of units
- 4
- Flooring type
- Carpet, Vinyl
- Building materials
- Brick, StoneVeneer, WoodSiding
- Roof type
- Composition
Listing Agency
Signature Real Estate
(713) 952-3200
Houston, TX
Listed by
Erion Shehaj · License #0516948
(713) 952-3200
Added: Jul 6 Checked: Jul 18 at 7:06 am
MLS# 21176491
Listing URL
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Turnkey Class-A fourplex built in 2023 offering four separate, dedicated one-car garages and a modern, high-finish interior package. The ground-floor unit is a larger 3-bedroom, 2-bath layout, while the second-floor unit provides a 2-bedroom, 2-bath configuration. Two additional townhouse-style 2-bedroom, 1.5-bath units round out the property. Interiors feature granite kitchen countertops with tiled backsplashes, recessed and pendant lighting over the breakfast bar, wood-look plank tile flooring, upgraded carpet, and walk-in master shower finishes. The property is fully stabilized with long-term tenants already in place.
Located in Venus’ Heritage Hills neighborhood and zoned to Midlothian Schools, the property offers a commuter-friendly position roughly 30 minutes from both Dallas and Fort Worth. The area benefits from major economic drivers including a $1.6B Google Data Centers project and two nearby hospitals, supporting long-term demand. With a low 2.4% tax rate and affordable HOA dues of $1,500 per year, the operating profile is designed for investors seeking consistency, along with property management that will remain in place.
This asset is well-suited for investors looking to acquire a newer, operationally established fourplex without the burden of immediate leasing. The current unit mix supports a range of tenant household needs, and the stabilized occupancy can help buyers evaluate cash flow with confidence. Inquire about available DSCR financing options, including a 10-year interest-only structure, to help maximize cash flow potential.
Located in Venus’ Heritage Hills neighborhood and zoned to Midlothian Schools, the property offers a commuter-friendly position roughly 30 minutes from both Dallas and Fort Worth. The area benefits from major economic drivers including a $1.6B Google Data Centers project and two nearby hospitals, supporting long-term demand. With a low 2.4% tax rate and affordable HOA dues of $1,500 per year, the operating profile is designed for investors seeking consistency, along with property management that will remain in place.
This asset is well-suited for investors looking to acquire a newer, operationally established fourplex without the burden of immediate leasing. The current unit mix supports a range of tenant household needs, and the stabilized occupancy can help buyers evaluate cash flow with confidence. Inquire about available DSCR financing options, including a 10-year interest-only structure, to help maximize cash flow potential.
Key Highlights
- Class‑A fourplex built in 2023 with four leased units and dedicated 1‑car garages for each unit
- Unit mix: one 3‑bed/2‑bath ground‑floor unit, one 2‑bed/2‑bath second‑floor unit, and two townhouse‑style 2‑bed/1.5‑bath units
- Current rents: $1,795, $1,695, $1,595, and $1,495 per month, leased to long‑term tenants
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Stabilized, 2023-built fourplex with dedicated garages and leased unit mix designed for steady income.
Where is this quadplex located?
The property is located at 640-642-644-646 Fallow Drive Venus, TX.
What is the asking price?
The asking price for this property is $829,000.
What are key features of this property?
This property features: Class‑A fourplex built in 2023 with four leased units and dedicated 1‑car garages for each unit; Unit mix: one 3‑bed/2‑bath ground‑floor unit, one 2‑bed/2‑bath second‑floor unit, and two townhouse‑style 2‑bed/1.5‑bath units; Current rents: $1,795, $1,695, $1,595, and $1,495 per month, leased to long‑term tenants
