Listed by Erion Shehaj of Signature Real Estate (713-952-3200)
Prime investment opportunity that won't last long! This turnkey Class-A fourplex built in 2023, is located in Venus' highly sought-after Heritage Hills neighborhood, zoned to highly rated Midlothian Schools. Ideally situated just 30 minutes from both Dallas and Fort Worth, this fully stabilized opportunity features four units, a larger 3-bed 2-bath flat on the ground floor, a modern 2-bed 2-bath flat on the second floor and two townhouse-style 2-bed 1.5-bath units. Each unit has a dedicated one-car garage. The interiors boast high-end finishes throughout, including granite kitchen countertops with a tiled backsplash, recessed and pendant lighting over the breakfast bar, upscale wood-look plank tile flooring, upgraded carpet, and a luxurious walk-in master shower. All units are currently leased to long-term tenants at $1,795, $1,695, $1,595, and $1,495 per month, respectively, supported by a strong operating history, a low 2.4% tax rate, and affordable HOA dues of $ 1,500 per year. With major economic drivers such as the $1.6B Google Data Centers project and two nearby hospitals, plus excellent property management in place and willing to stay on, this asset is primed for continued growth. Ask about available DSCR financing with a 10-year interest-only option to maximize your cash flow.

    Property Details of 640-642-644-646 Fallow Drive

    Property Details

    Interior Features

    Exterior Features

    Utilities and Appliances

    Community

    Other Details

    Map Location

    Based on information submitted to North Texas Real Estate Information Services as of May 27, 2026 10:09 AM EDT. All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

    Hi there! How can we help you?

    Contact us using the form below or give us a call.

    Send Us A Message:

    I agree to receive marketing and customer service calls and text messages from Phyllis Browning Company Msg/data rates may apply. Msg frequency varies. Reply STOP to unsubscribe. Privacy Policy & Terms.

    Do not fill in this field:

    This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.