Build-to-Rent Multifamily
For Sale
Contact for pricing
Pending
1300 Candice Dr, Whitehouse, TX 75791
Phased rental housing community combining completed homes with additional pads prepared for future construction.
Property SizeContact for details
Days on Market143
Property Features for 1300 Candice Dr
General Information
Standard status
Pending
Property subtype
Multifamily
Additional Details
Multifamily Units
69
Building Details
Buildings
8
Listing Agency:
DC Texas Commercial Real Estate, L.L.C.
Listed By:
Derrick Caballero · License #TX 484803
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 31 at 6:24PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of DC Texas Commercial Real Estate, L.L.C.
Investment Insights
Based on property information with market context.
Madison Village is a phased build-to-rent residential community in Whitehouse, Texas, designed around single-family rental homes. The first phase includes 8 completed residences that are leased and generating cash flow. Additional development is planned across two later phases, with 31 construction-ready lots or pads in Phase II and 30 lots in Phase III awaiting site infrastructure and utility work.
The property is located at 1300 Candice Dr in the Whitehouse submarket between Tyler and Lake Tyler. At full development, the community is planned to comprise 69 homes. Phase II homes were scheduled to come online in Q1 2024, while Phase III was scheduled for streets, lighting, curbs, utilities, and sewer lines in Q2 2024. The offering also includes an option to purchase completed homes at certificate of occupancy.
The property is located at 1300 Candice Dr in the Whitehouse submarket between Tyler and Lake Tyler. At full development, the community is planned to comprise 69 homes. Phase II homes were scheduled to come online in Q1 2024, while Phase III was scheduled for streets, lighting, curbs, utilities, and sewer lines in Q2 2024. The offering also includes an option to purchase completed homes at certificate of occupancy.
Key Highlights
- 8 completed homes are leased and generating cash flow
- 31 Phase II lots/pads are ready for construction
- 30 Phase III lots are planned for streets, lights, curbs, utilities, and sewer lines
Property Analytics
Current Use
Lease Details
69
Residential units
Location Intelligence
Trade Area within ½ mile
66
Businesses Nearby
Explore this area
Business Placement
Demographics for 75791, TX
14,255
Population
5,758
Households
2.5
Avg Household Size
37
Median Age
32%
College-Educated
94%
High-School Grad
39.4 sq mi
ZIP Area
362
Density / Sq Mi
$76,154
Median Household Income
$45,491
Median Earnings
$1,420
Median Rent
$231,900
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Multifamily property - Phased rental housing community combining completed homes with additional pads prepared for future construction.
Where is this multifamily property located?
The property is located at 1300 Candice Dr Whitehouse, TX.
What are key features of this property?
This property features: 8 completed homes are leased and generating cash flow; 31 Phase II lots/pads are ready for construction; 30 Phase III lots are planned for streets, lights, curbs, utilities, and sewer lines
