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    6816-6818-6820 Florence Dr Midlothian, TX 76065

    Under Contract
    For Sale
    $975,000

    Triplex - Midlothian, TX

    Type:Triplex
    Lot size:
    1.01 Acres
    Days on Market:
    43
    Last Refresh:
    Dec 11 at 2:06 pm

    Property Features for 6816-6818-6820 Florence Dr

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Triplex
    Property condition
    New Construction
    Standard status
    Active Under Contract
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    9
    Bathrooms
    9
    APN
    000000
    Parking
    6
    Parking features
    Garage
    Interior features
    Double Vanity, Granite Counters, Kitchen Island, Pantry, Walk-in Closet(s)
    Exterior features
    Fence
    Fencing
    Fenced
    Appliances
    Dishwasher, Garbage Disposer, Microwave, Range, Washer
    Lot size
    1.01 Acres

    Taxes and HOA fees

    Expense value
    1597
    Expense
    Home Owner Assessments Fee
    Expense freq.
    Annually

    Utilities

    Heating system
    Electric (Heating)
    Cooling system
    Electric

    Building Details

    Year built
    2025
    Floors in Building
    2
    Flooring type
    Carpet, Vinyl
    Building materials
    Brick, Stone, Stone Veneer
    Roof type
    Composition
    Architectural style
    Other

    Signature Real Estate (713) 952-3200

    Listing agent Erion Shehaj (713) 952-3200 License #0516948

    Listing date Oct 30, 2025

    MLS# 21052104 Listing URL

    Copyright © 2025 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.

    Overview

    New Construction Luxury Triplex Investment

    This new construction luxury triplex, located in Midlothian, Texas, presents a prime investment opportunity with potential for cash flow. The triplex, currently under construction with an estimated completion date of December 2025, features three units, each offering 1838 square feet of living space. Each unit includes 3 bedrooms, 2.5 baths, and a 2-car garage, along with a covered patio and a fenced backyard. The property is situated on an acre lot with low property taxes. Edgewood Estates is zoned to Waxahachie ISD. The location provides convenient access to various amenities, being a short 30-minute drive to Downtown Dallas and Fort Worth, and an 8-10 minute drive to Methodist Midlothian Health and Waxahachie’s Baylor Scott and White, as well as retail and dining options in both Midlothian and Waxahachie. Proven rents are $2,525 per unit per month. Professional property management is in place at a rate of 5%.
    Location Intelligence

    Current Use by Public Records

    Triplexes

    Map

    City
    Midlothian
    County
    Ellis
    State
    Texas
    Longitude
    -96.945141
    Latitude
    32.41528

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    FAQs

    What type of property is this?
    Triplex - New construction luxury triplex in Midlothian, TX, ready December 2025.
    Where is this triplex located?
    The property is located at 6816-6818-6820 Florence Dr Midlothian, TX.
    What is the asking price?
    The asking price for this property is $975,000.
    What are key features of this property?
    This property features: - Turnkey, cashflow-positive, Class-A new construction luxury triplex in a high-demand DFW market.; - Attractive 5.25% financing available through preferred lender for a limited time.; - Each unit features 3 bedrooms, 2.5 baths, 2-car garage, covered patio, and fenced backyard.
    (713) 952-3200
    Request Owner's contact information
    6816-6818-6820 Florence Dr Midlothian, TX 76065
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    Midlothian, TX 76065
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    6816-6818-6820 Florence Dr Midlothian, TX 76065
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