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656-660 Wheatfield Drive

Venus, TX 76084

$509,000

2 units · 2023

Units2
Building area2,662 sq ft
Year built2023
Gross income$47,880/yr
Cap rate5.02% as listed
Parking2 spaces
Lot size0.187 acres
TypeDuplex

What it costs to own

TaxesNot provided by the listing
HOA$750 per year · Goodwin Company
HOA fee coversMaintenance Grounds
Operating expenses$18,921 per year — as listed
Insurance$1,900 per year — as listed
Net operating income$25,553 per year — as listed

About this home

50% Lease! Purchase as your primary home and generate income to help offset your mortgage payment! Prime opportunity to invest in a Class-A luxury duplex in scorching hot DFW market. Strong tenant demand and fast leasing in DFW. Fantastic location across near Google's $600M Data Center. Ellis County has experienced explosive population growth in the last decade. Children attend Midlothian schools. This duplex has two 3-bedroom units with 2 baths. Each unit has a two-car garage and a fenced in back yard. Easy commute to major area employers. Wealth of opportunities to relax & play nearby. Professional property management in place at a favorable rate of 5%.

The details

HeatingCentral, Electric
CoolingCentral Air
FlooringCarpet, Luxury Vinyl Plank
AppliancesDishwasher, Disposal, Electric Range
Interior featuresGranite Counters, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s)

Construction materialsBrick, Siding, Stone Veneer, Wood
RoofComposition
FoundationSlab

Water sourceCity Water
SewerCity Sewer

SubdivisionHeritage Hill Estates

ElementaryVitovsky
Middle schoolFrank Seales
High schoolHeritage
DistrictMidlothian ISD

Gross income$47,880 per year
Operating expenses$18,921 per year
Operating includesInsurance, Maintenance, Vacancy Allowance
Insurance$1,900 per year
Cap rate5.02% — as listed
Net operating income$25,553 per year

MLS #21258952
Source
Price changeReduced by $10,000 · Aug 31, 2026
On the market119 days
CountyEllis

Around this home

One moment…

Everyday life

Nearest groceryBrookshire Brothers · 1.8 mi
Nearest parkPatriot Estates Park · 0.6 mi

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Listing courtesy of Signature Real Estate — Erion Shehaj.

Where it is

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Robert LewisStephen LewisRobert & StephenInk Realty Group

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Listing courtesy of Real Broker, LLC

Listing data provided by the North Texas Real Estate Information Systems (NTREIS). MLS #21258952. Information last updated August 31, 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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