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    Turnkey Fourplex Investment Property Title is generated by Realmo AI

    640-642-644-646 Fallow Drive, Venus, TX 76084

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    For Sale
    $829,000

    MULTI_FAMILY - Venus, TX

    Lot size:
    0.18 Acres
    Added:
    Apr 29, 2026
    Days on Market:
    51
    Last Refresh:
    Jun 18 at 11:06 pm

    Property Features for 640-642-644-646 Fallow Drive

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    9
    Bathrooms
    8
    Rooms
    Bathroom 3, Bathroom 2, Bedroom 4, Bedroom 3, Bedroom 5, Bedroom 2, Bedroom 7, Bathroom 4, Bathroom 5, Bathroom 6, Bedroom 9, Bathroom 1, Bathroom 8, Bedroom 8, Bathroom 7, Bedroom 6, Bedroom 1
    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

    We can help!

    Listing Contact
    Erion Shehaj

    Listing agent Erion Shehaj License #0516948

    Listing office Signature Real Estate Houston, TX

    Listing date Apr 29, 2026

    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.

    HighLights

    • Fourplex built in 2023 with four separately leased units, all with dedicated one‑car garages
    • Unit mix includes one 3‑bed/2‑bath ground‑floor flat, one 2‑bed/2‑bath second‑floor flat, and two townhouse‑style 2‑bed/1.5‑bath units
    • Leased units at $1,795, $1,695, $1,595, and $1,495 per month (long‑term tenants)
    • Interiors feature granite kitchen countertops, kitchen islands, and open floorplans with eat‑in kitchens
    • Central air and central electric heating; roofs are composition
    • Utilities and services: public water and public sewer

    Overview

    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.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Map

    City
    Venus
    County
    Johnson
    State
    Texas
    Longitude
    -97.080935
    Latitude
    32.44912

    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: Fourplex built in 2023 with four separately leased units, all with dedicated one‑car garages; Unit mix includes one 3‑bed/2‑bath ground‑floor flat, one 2‑bed/2‑bath second‑floor flat, and two townhouse‑style 2‑bed/1.5‑bath units; Leased units at $1,795, $1,695, $1,595, and $1,495 per month (long‑term tenants)
    More about this property
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