TIC: Waxahachie, TX Duplex Development
$100,000
For Sale
9987
Property ID
182,000 SqFt
Size
Description
Waxahachie is at the south edge of the DFW Metroplex. 35 duplexes within, Myrtle Creek, a master-planned community that will ultimately feature hundreds of new-construction homes, two new elementary schools and a full suite of community amenities. A 4-year project encompassing both horizontal site development and vertical construction.
Each duplex is 3 beds/2.5 baths/2600 sq. feet.
This is a TIC (Tenancy In Common) investment. Direct ownership in a real project. Total project cost: $16.5M; total equity raise $6M; projected value at stabilization: $20.2M; minimum investment: $100,000.
Address
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Address Spiderlily Ln, Waxahachie, TX 75165, USA
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Province/State Texas
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City/Town Waxahachie
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Postal code/ZIP 75165
Overview
- Property ID 9987
- Price $100,000
- Property Type Duplex/Triplex/Fourplex
- Property status For Sale
- Year Built 2027
- Size 182,000 SqFt
- Land area 10.7 Acres
- Label Under Contract
- Number of Units 70