1311 Madrigall Parkway, Dallas, Texas, 75206

Listed by Monument Realty, Glenda Fabregas, 214-773-9669
$2,596,000
7,080 Sqft
0.17 Acres
12 bd
10 ba
#21385091
Greenville Terrace presents a unique opportunity to acquire an entire four-unit, new-construction townhome development in the heart of Lower Greenville, one of East Dallas’ most desirable and vibrant neighborhoods. Designed with today’s rental market in mind, this property combines modern finishes, spacious floor plans, private garages, and rooftop living in a highly sought-after urban location. The development consists of four three-story townhomes, each offering 3 bedrooms, 2.5 bathrooms, an attached 2-car garage, and private rooftop access with impressive Dallas skyline views. Interiors feature open-concept living and dining areas, quartz countertops, stainless steel appliances, luxury vinyl plank flooring, hardwood stairs, and modern designer finishes throughout. With four separate residences under one ownership, Greenville Terrace offers an investor the opportunity to establish a rental portfolio within a single newly constructed property. New construction provides the additional advantage of modern systems, finishes, and building components, reducing the immediate capital improvement needs often associated with older investment properties. Located just steps from Greenville Avenue, future tenants can enjoy convenient access to some of Dallas’ most popular restaurants, bars, coffee shops, retail, entertainment, and neighborhood destinations. The combination of 3-bedroom layouts, attached 2-car garages, private rooftops, modern construction, and a premier East Dallas location creates a compelling offering for the rental market. An exceptional opportunity for an investor seeking four income-producing residences in one of Dallas’ most desirable urban neighborhoods. The HOA structure is currently under development, The purchaser will have the opportunity to establish HOA according to their ownership and operational plans. For GPS directions to Greenville Terrace, enter 5512 Bryan Parkway, Dallas.

PROPERTY FEATURES

  • 4 Unit(s)
  • Utilities : Asphalt,City Sewer,City Water,Curbs,Electricity Connected,Individual Water Meter,Sidewalk,Underground Utilities
  • Parking Features: Additional Parking,Concrete,Garage Door Opener,Garage Double Door,Garage Faces Side,Shared Driveway
  • 9 Parking Space(s)
  • Has Garage
  • 8 Garage Spaces
  • Garage Height: 9
  • Garage Length: 22
  • Garage Width: 21
  • Has Attached Garage
  • 8 Covered Spaces
  • Security Features : Carbon Monoxide Detector(s),Firewall(s),Smoke Detector(s)
  • Fencing : Back Yard
  • Exterior Features: Permeable Paving
  • Lot Features : Flat,Synthetic
  • Cooling: Heat Pump
  • Heating : Heat Pump
  • Foundation Details: Slab
  • Interior Features: Built-in Features,Kitchen Island,Open Floorplan,Pantry,Walk-In Closet(s),Wired for Data
  • Appliances : Dishwasher,Disposal,Electric Range,Electric Water Heater,Microwave,Refrigerator,Vented Exhaust Fan
  • Flooring : Luxury Vinyl Plank,Tile
  • Levels : Three Or More
  • Green Energy Efficient : Appliances,Construction,Doors,HVAC,Insulation,Waterheater,Windows
  • Green Landscaping : Native Landscape
  • Green Verification Count : 0
  • Green Water Conservation : Efficient Hot Water Distribution,Low-Flow Fixtures
  • Special Notes : Aerial Photo
  • Title Company Preferred: Acrisure Title
PROPERTY DETAILS
ID: 21385091
Status: Active
Price: $2,596,000
Acres: 0.17 Acres
Price Per Acre: $15,638,554
Type: Other
Address: 1311 Madrigall Parkway
City, State: Dallas, Texas
County: Dallas
Zip Code: 75206
Lat/Long: 32.807636, -96.769533
Presented By: Glenda Fabregas
Phone: 214-773-9669
Email: Click to Contact