1311 Madrigall Pkwy, Dallas, TX 75206
- $2,596,000
- 12
- BD
- 12
- BA
- 7,080
- SqFt
- List Price
- $2,596,000
- MLS#
- 21385091
- Status
- ACTIVE
- Type
- Multifamily
- Subtype
- ResidentialIncome
- Year Built
- 2026
- Construction Status
- New Construction - Complete
- Bedrooms
- 12
- Full Baths
- 8
- Half Baths
- 4
- Acres
- 0.17
- Living Area
- 7,080
- County
- Dallas
- City
- Dallas
- Subdivision
- GREENVILLE TERRACE
- Building Name
- Greenville Terrance
Property Description
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.
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Additional Information
- HOA Fees
- $275
- HOA Freq
- Monthly
- Lot Size
- 7,233
- Acres
- 0.17
- Lot Description
- Native Plants
- Interior Features
- Kitchen Island, Open Floor Plan, Pantry, Wired for Data, Walk-In Closet(s)
- Flooring
- Vinyl, Tile
- Foundation
- Slab
- Roof
- Flat, Synthetic
- Pool Features
- None
- Exterior
- Permeable Paving
- Garage Spaces
- 8
- Parking Garage
- Additional Parking, Paved, Garage, Garage Door Opener, Shared Driveway, Garage Faces Side
- School District
- Dallas Isd
- Elementary School
- Geneva Heights
- Middle School
- Long
- High School
- Woodrow Wilson
- Possession
- CloseOfEscrow
- Community Features
- Curbs, Sidewalks
Mortgage Calculator
Listing courtesy of Glenda Fabregas from Monument Realty. Contact: 214-773-9669
Listing provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.
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