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649-655 Harvest Moon Drive, 
Venus, TX 76084

$839,000


9

Beds


8

Baths


4,889

Sq Ft


Multi-Family


Virtual Tour

Active

Listed by

Erion Shehaj

Signature Real Estate

Last updated:

June 14, 2025, 11:42 AM

MLS#

20942329

Source:

GDAR

About This Home

649-655 Harvest Moon Drive

PERFECT FOR 1031 EXCHANGE OR AS TURNKEY INVESTMENT! Prime opportunity to invest in this 100% occupied, like-new luxury fourplex in the scorching hot DFW market. Fantastic location near Google's $1.6B Data Centers and within a 30-minute drive to both Dallas and Fort Worth. Ellis County has experienced explosive population growth in the last decade and is expected to grow by 200% by 2050. This investment property is zoned to great Midlothian schools, attracting quality long-term tenants. The fourplex features a diverse unit mix: one 3BR-2BA flat unit which leases for $1795, one 2BR-2BA flat unit which leases for $1695, and two townhouse-style 2BR-1.5BA units which lease for $1495 and $1595, each with its own one-car garage - a highly desirable tenant amenity. With Class A finishes throughout, the property has an excellent operating history with minimal vacancy and turnover. Currently generating $78,960 in annual rental income with strong cash flow potential, three units have fresh 12-month leases providing immediate income stability. The current owner is selling to facilitate a 1031 exchange into a larger property, creating an ideal opportunity for investors in similar positions. This property offers an excellent balance of immediate cash flow and long-term appreciation potential, backed by the DFW market's continued economic growth.

Home Facts

Multi-Family

8 Baths

9 Bedrooms

Built in 2021

Price Summary

839,000

$171 per Sq. Ft.

MLS #:

20942329

Last Updated:

June 14, 2025, 11:42 AM


Rooms & Interior

Bedrooms

Total Bedrooms:

9

Bathrooms

Total Bathrooms:

8

Full Bathrooms:

6

Interior

Living Area:

4,889 Sq. Ft.


Structure

Structure

Building Area:

4,889 Sq. Ft.

Year Built:

2021


Lot

Lot Size (Sq. Ft):

7,840


Finances & Disclosures

Finances

Price:

$839,000

Price per Sq. Ft:

$171 per Sq. Ft.

MLS Logo
Information provided, in part, by North Texas Real Estate Information Systems, Inc. Last Updated June 14, 2025 Listings with the NTREIS logo are listed by brokerages other than Coldwell Banker Mark Campbell & Associates.

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By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.