1. Overview
  2. Location
  3. Interior
  4. Exterior
  5. Property
  6. Schools
  7. Similar
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Status: Closed

649 Harvest Moon Dr #655 
Venus, TX 76084

Last List Price

$839,000

Sold on Jun 26, 2025
PERFECT FOR 1031 EXCHANGE OR AS TURNKEY INVESTMENT! Prime opportunity to invest in this 100% occupied, like-new luxury fourplex in the scorching hot DFW market. Fantastic location near Google's $1.6B Data Centers and within a 30-minute drive to both Dallas and Fort Worth. Ellis County has experienced explosive population growth in the last decade and is expected to grow by 200% by 2050. This investment property is zoned to great Midlothian schools, attracting quality long-term tenants. The fourplex features a diverse unit mix: one 3BR-2BA flat unit which leases for $1795, one 2BR-2BA flat unit which leases for $1695, and two townhouse-style 2BR-1.5BA units which lease for $1495 and $1595, each with its own one-car garage - a highly desirable tenant amenity. With Class A finishes throughout, the property has an excellent operating history with minimal vacancy and turnover. Currently generating $78,960 in annual rental income with strong cash flow potential, three units have fresh 12-month leases providing immediate income stability. The current owner is selling to facilitate a 1031 exchange into a larger property, creating an ideal opportunity for investors in similar positions. This property offers an excellent balance of immediate cash flow and long-term appreciation potential, backed by the DFW market's continued economic growth.
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Bedrooms
9
Baths
7
House Size
--
Year Built
2021
Lot Size
0.18 ac
School District
Midlothian ISD

Location

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Interior Information

appliances
Dishwasher
Disposal
Electric Range
Electric Water Heater
cooling
Central Air
features
Granite Counters
Kitchen Island
Open Floorplan
Pantry
Walk-in Closet(s)
flooring
Carpet
Luxury Vinyl Plank
heating
Central
Electric

Exterior Information

foundation
Slab

Property Information

construction
Brick
Siding
Stone Veneer
Wood
hoa fees
$1,600.00
parking
Garage
  • Listed By Erion Shehaj
  • hello@signaturehouston.com
  • Signature Real Estate
  • (713) 952-3200
  • MLS 20942329

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