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1311 Madrigall Parkway

Dallas, TX 75206

$2,596,000

4 units · 2026

Units4
Building area7,080 sq ft
Year built2026
Gross income$1/yr
Parking9 spaces
Lot size0.166 acres
TypeResidential Income

What it costs to own

TaxesNot provided by the listing
HOA$275 per month · TBD
HOA fee coversMaintenance Grounds, Maintenance Structure
Operating expenses$1 per year — as listed
Insurance$1 per year — as listed
Net operating income$1 per year — as listed

About this home

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.

The details

HeatingHeat Pump
CoolingHeat Pump
FlooringLuxury Vinyl Plank, Tile
AppliancesDishwasher, Disposal, Electric Range, Microwave, Refrigerator, Vented Exhaust Fan
Interior featuresBuilt-in Features, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s), Wired for Data
Bathrooms8 full · 4 half

Construction materialsUnknown
RoofFlat, Synthetic
FoundationSlab
New constructionYes

FencingBack Yard
Water sourceCity Water, Individual Water Meter
SewerCity Sewer
ElectricElectricity Connected
UtilitiesUnderground Utilities

SubdivisionGREENVILLE TERRACE

ElementaryGeneva Heights
Middle schoolLong
High schoolWoodrow Wilson
DistrictDallas ISD

Gross income$1 per year
Operating expenses$1 per year
Insurance$1 per year
Net operating income$1 per year

Energy featuresAppliances, Construction, Doors, HVAC, Insulation, Water Heater, Windows

MLS #21385091
Source
On the marketListed today
CountyDallas

Around this home

One moment…

Everyday life

Nearest groceryFiesta Mart · 0.1 mi
Nearest parkGarrett Park · 0.1 mi

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Listing courtesy of Monument Realty — Glenda Fabregas.

Robert LewisStephen LewisRobert & StephenInk Realty Group

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Listing data provided by the North Texas Real Estate Information Systems (NTREIS). MLS #21385091. Information last updated September 14, 2026.

Based on information submitted to the MLS as of the date above. All data is obtained from various sources and may not have been verified by the broker or NTREIS. Supplied data is for the viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing.

Ink Realty Group is brokered by eXp Realty.

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