
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.
Read more- 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