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1311 Madrigall Pkwy

Dallas, TX 75206
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Just listedJust listed
12 Bedroom(s)
8 Full & 4 Half Bath(s)
7,080 Sqft
7,233 Lot Sqft
Multi-Family - 5 Plus

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Description

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.

MLS#
NTREIS-21385091
List Price
$2,596,000 ($367/Sqft.)
Listing Status
For Sale
Address
1311 Madrigall Pkwy
City
Dallas
State
TX
Zip Code
75206
County
Dallas County
Subdivision
GREENVILLE TERRACE
Property Type
Multi-Family - 5 Plus
Bedroom
12 Bedroom(s)
Bath
8 Full & 4 Half Bath(s)
Garages
8 / Attached
Stories
3
Building Size
7,080 Sqft/Appraisal District
Year Built
2026 /Appraisal District
Lot Size
7,233 Sqft/BUILDER
Maintenance Fee
$275 / Monthly

Exterior

Roof
Flat,Synthetic
Foundation
Slab
Private Pool
No
Exterior Type
Unknown
Garage Size
22 X 21
Parking
Additional Parking, Concrete, Garage Door Opener, Garage Double Door, Garage Faces Side, Shared Driveway
Parking Space
Garage 8 / Carport 0 / Total Covered 8
Fencing
Back Yard
Utility
Asphalt,City Sewer,City Water,Curbs,Electricity Connected,Individual Water Meter,Sidewalk,Underground Utilities
Exterior
Permeable Paving

Financial information

Maintenance Fee
$275/Monthly
Maint Fee Includes
Back Yard Maintenance,Front Yard Maintenance,Maintenance Grounds,Maintenance Structure

Interior

Floors
Luxury Vinyl Plank, Tile
Cooling
Heat Pump
Heating
Heat Pump
Appliances
Dishwasher, Disposal, Electric Range, Electric Water Heater, Microwave, Refrigerator, Vented Exhaust Fan
Security System
Carbon Monoxide Detector(s),Firewall(s),Smoke Detector(s)
Interior
Built-in Features, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s), Wired for Data

Extra details you may need to know

Lake Pump
No

Lot Information

Lot Size
7,233 Sqft. /BUILDER
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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy
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Information source

North Texas Real Estate Information Systems, Inc.
Source last updated Sep 18, 2026 at 09:48 AM
Listing last updated Sep 13, 2026 at 06:19 PM
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Principal & InterestTaxes30.4%69.6%
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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Notice & Disclaimer
School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.
Copyright© 2026 , HOUSTON REALTORS® INFORMATION SERVICE, INC. All Rights Reserved. Data Not Verified/Guaranteed by MLS
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