- Overview
- Description
- Property Details
- Location
- HOA Management
- Facts & Features
- Getting Around
- Nearby Homes
$2,596,000
Monthly Est:$12,921
12 Beds
- 12 Baths
8 full baths + 4 half baths
7,080sqft
1311 Madrigall Pkwy, Dallas, TX 75206
$2,596,000
$12,921/moEst:
Get Pre-Approved
Multi Family
Built in 2026
$275/mo HOA
7,233 sqft lot
$367/sq.ft
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.
- Houzeo last checked: 0 minutes ago
- Listing updated: September 13, 2026 at 11:10 pm
- Listing Provided by: Glenda Fabregas | Monument Realty (214) 705-7827
- Source: NTREIS MLS-TX | MLS#: 21385091

Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
2026
HOA Fees
$275/mo
Finished Area
7,080 sqft
Lot Size
7,233 sqft lot
Basement Area
- sqft
MLS Name
NTREIS MLS
MLS Number
21385091
MLS Status
Active

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Location
HOA Management
TBD
HOA Fees
$275/ Monthly
Amenities
Amenities and services may be covered by one or multiple associations and service providers.
Lawn Care
Maintenance
Disclaimer: Amenities are based on third-party information and may vary; buyers must independently verify all amenities, as information is deemed reliable but not guaranteed.
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 12
Bathrooms: 12
Interior
Heating
Heat Pump
Appliances
Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Vented Exhaust Fan
Exterior Features
Permeable Paving
Interior Features
Built In Features, Kitchen Island, Open Floorplan, Pantry, Wired For Data, Walk In Closets
Sewer
Public Sewer
Cooling
Heat Pump
Flooring
Luxury Vinyl Plank, Tile
Construction
Year Built
Year Built: 2026
Home type
Multi Family
Foundation Details
Slab
Construction Materials
Unknown
Property Condition
New Construction
Roof
Flat, Synthetic
Utilities & Energy
Utilities
Electricity Connected, Sewer Available, Separate Meters, Underground Utilities, Water Available
Parking Features
Additional Parking, Concrete, Door Multi, Garage, Garage Door Opener, Shared Driveway, Garage Faces Side
Security Features
Carbon Monoxide Detectors, Firewalls, Smoke Detectors
Water Source
Public
Association Amenities
Maintenance Front Yard
Pool Features
None
Other Features
Community Features
Curbs, Sidewalks
Lot Features
Native Plants
Subdivision Name
Greenville Terrace
Price History
| Date | Event | Price |
|---|---|---|
09/13/2026 Source: | Listed for Sale | $2,596,000 $367/sqft |
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Based on information from the North Texas Real Estate Information Systems, Inc., through Nov 01, 2026, 03:45PM. Information is provided exclusively for consumers’ personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. ©2026 North Texas Real Estate Information Systems, Inc. All Rights Reserved.
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