Properties

Midlothian, TX 76065 6648-6650 Florence Drive

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Presented By: Signature Real Estate
  • MLS# 21227292
  • 04/02/2026
  • Get pre-approved
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  • Beds • 8
  • Baths • 4
  • Garage • 4

Home Details

PRIME investment opportunity to add to your portfolio, house-hack, or complete your 1031 exchange: 4.25% financing when using the preferred Lender for a limited time! Class-A new construction luxury duplex on a 1-acre lot with LOW property taxes in scorching hot DFW market. This duplex features two 1653sf units with 4 bedrooms, 2 baths, and a 2-car garage on one level. This duplex is currently under construction with an estimated completion date of August-September 2026. Each unit has a covered patio and a fenced-in backyard. Edgewood Estates is located in Midlothian, Texas, and it is zoned to good Waxahachie ISD schools. Midlothian is just a 30-minute drive to Downtown Dallas and Fort Worth. Also, this project is a short 8-10 min drive from Methodist Midlothian Health and Waxahachieโ€™s Baylor Scott and White, as well as from Midlothian and Waxahachieโ€™s retail and dining. With major economic drivers such as the $1.6B Google Data Centers project and two nearby hospitals, plus excellent property management, this asset is primed for continued growth. Proven rents of $2,450 per month per unit and peak leasing season. Easy commute to major employers. Professional property management is in place at a great rate of 5%.
Presented By: Signature Real Estate

Interior Features for 6648-6650 Florence Drive

Bedrooms

Total Bedrooms8

Bathrooms

Half Baths0
Total Baths4

Other Interior Features

Unit Count2
Lock Box TypeNone
FlooringCarpet, Luxury Vinyl Plank
Interior FeaturesDouble Vanity, Granite Counters, Kitchen Island, Pantry, Walk-In Closet(s)
Total Units2

General for 6648-6650 Florence Drive

# of Buildings1
Accessory Unit Y/NNo
AppliancesDishwasher, Disposal, Electric Oven, Electric Range, Electric Water Heater, Microwave
Assoc Fees1065
Association Fee FrequencyAnnually
Capitalization Rate5.58
CityMidlothian
Complex NameEdgewood Estates
Construction MaterialsBrick, Siding, Stone Veneer, Wood
CoolingCeiling Fan(s), Electric
CountyEllis
DirectionsStreets in new construction communities do not always map correctly. This community sits at the corner of 875 and Edgewood Rd
Elementary SchoolWedgeworth
Elementary School NameWedgeworth
Full Baths4
Gross Annual Expenses18065.00
HOA Fee IncludesFront Yard Maintenance, Maintenance Grounds
HOA TypeMandatory
HeatingElectric
High SchoolWaxahachie
Insurance Expense2850
Junior High SchoolEvelyn Love Coleman
LevelsOne
Listing TermsCash, Conventional, FHA, VA Loan
Number of Garage Spaces4
Pool Y/NNo
PossessionClosing/Funding
Property SubtypeDuplex
Property TypeResidential Income
RoofComposition
School DistrictWaxahachie ISD
Standard StatusActive
StatusActive
Subdivision NameEdgewood Estates
UtilitiesAerobic Septic, Septic
Virtual Tour URL UnbrandedClick here
Will SubdivideNo
Year Built2026
Year Built DetailsNew Construction - Incomplete

Exterior for 6648-6650 Florence Drive

Attached Garage Y/NYes
Building Area Total3306.00
FencingBack Yard, Chain Link, Fenced, Full, Wood
Foundation Slab
Garage Y/NYes
Lot Size1 to < 3 Acres
Lot Size Acres1.0050
Lot Size Area1.0050
Lot Size SourceBuilder
Lot Size Square Feet43777.8000
Lot Size UnitsAcres
Number Of Parking Spaces2
Parking FeaturesGarage, Garage Door Opener
WaterfrontNo

Additional Details

Price History

Schools

Elementary School Wedgeworth Elementary School
Middle School N/A

Connect Realty

Price $699,000
MLS#21227292
List Date 04/02/2026
Property Type Multi-Family
Phone 888.795.6274
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