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6802/6804 Florence Dr, Midlothian, TX, 76065

8beds
4baths
3,306sqft
$699,000
$211price/sqft
$5,003/moest. monthly cost
$200,120/yrincome needed

About This Home

Builder offering rate buy-down options through preferred lender—as low as 4.25%. Select units are already pre-leased, and additional first-year property management incentives are available. A prime, turnkey addition to any investment portfolio. Fully leased and cash-flowing from day one, this luxury duplex is a standout investment in the booming DFW market. Built Class-A and designed for long-term performance, this new construction property sits on spacious acre lots with the added advantage of low property taxes—making it an ideal long-term hold. Each of the two thoughtfully designed single-story units offers approximately 1,653 SF of open-concept living space, featuring 3 bedrooms plus a versatile flex room (perfect as a fourth bedroom, office, or media space), 2 full baths, and an attached 2-car garage. Covered patios and private fenced backyards enhance tenant appeal with seamless indoor-outdoor living. Located at the corner of 875 and Edgewood Rd in the desirable Edgewood Estates community of Midlothian and zoned to highly regarded Waxahachie ISD. Just 30 minutes to both Downtown Dallas and Fort Worth, and only 8–10 minutes to Methodist Midlothian Medical Center, Baylor Scott & White Waxahachie, plus major retail and dining destinations. Easy access to major employment hubs further strengthens rental demand. Stabilized, income-producing, and positioned in one of North Texas’ fastest-growing corridors—opportunities like this don’t sit still.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

5/10
5/10
Waxahachie High SchoolGrades 8-123.1 mi

Construction

Condition

  • New construction: Yes
  • Year built: 2026

Materials

  • Foundation: Slab
  • Roof: Composition
  • Construction materials: Brick,Stone Veneer,Wood Siding

Type & Style

  • Home type: SingleFamily
  • Property subType: Duplex,Multi Family

Interior

Appliances

  • Appliances included: Dishwasher,Electric Oven,Electric Range,Microwave

Bedrooms & Bathrooms

  • Bedrooms: 8
  • Bathrooms: 4
  • Full bathrooms: 4

Features

  • Double Vanity,Granite Counters,Kitchen Island,Pantry,Walk-In Closet(s)
  • Flooring: Carpet,Luxury Vinyl Plank
  • Fireplace features: None

Heating & Cooling

  • Heating features: Electric
  • Cooling features: Electric

Interior Area

  • Total structure area: 3,306
  • Total interior livable area: 3,306 sqft

Property

Details

  • Parcel number: 000000

Features

  • Levels: One
  • Stories: 1
  • Pool features: None
  • Patio & porch: Covered
  • Fencing: Back Yard,Chain Link,Wood

Lot

  • Lot size: 1 Acres
  • Features: Acreage

Parking

  • Total spaces: 2
  • Parking features: Concrete,Direct Access,Door-Single,Driveway,Garage Faces Front,Garage,Kitchen Level
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hail
    HailRelatively High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Tornado
    TornadoModerate
  • Wildfire
    WildfireModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Hail
Cold Wave
Heat Wave
Inland Flooding
Lightning
Tornado
Wildfire
Winter Weather

FEMA Declared Disasters Across Texas Counties

Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,534$42,408
Home Insurance *$384$4,608
Property Taxes $722$8,664
Electricity $363$4,356
Total$5,003$60,036
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$171,531/yr
40% on housing$150,090/yr
45% on housing$133,413/yr

Texas FAIR Plan Programs

Texas FAIR Plan Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

Texas Windstorm Insurance Association

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 126,680Commercial: -4
Total Premiums$237.28M
Total Exposure$32.93B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 5.6%
5.6%
0%30.0%
Electricity Growth Rate10-year average: 3.8%
3.8%
0%15.0%
Property Taxes Growth Rate2-year average: 1.9%
1.9%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$211This listing

vs Other Active Listings

Avg $/sqft

ZIP 76065$190
Ellis County$196

vs Homes Sold Last Month

Median $/sqft

ZIP 76065$189
Ellis County$182

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-19Price change$699,000
2026-02-17Listed for sale$699,900

New Construction

AgentEric Douglas
BrokerageMarshall Reddick Real Estate

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