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Multi family home for sale at 1311 Madrigall Pkwy, Dallas, TX 75206 | MLS# 21385091 | Listing updated on 2026-09-13
Photo 1 of Multi family home for sale at 1311 Madrigall Pkwy, Dallas, TX 75206 | MLS# 21385091 | Listing updated on 2026-09-13
Photo 2 of Multi family home for sale at 1311 Madrigall Pkwy, Dallas, TX 75206 | MLS# 21385091 | Listing updated on 2026-09-13
Photo 3 of Multi family home for sale at 1311 Madrigall Pkwy, Dallas, TX 75206 | MLS# 21385091 | Listing updated on 2026-09-13
Photo 4 of Multi family home for sale at 1311 Madrigall Pkwy, Dallas, TX 75206 | MLS# 21385091 | Listing updated on 2026-09-13
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$2,596,000

Monthly Est:$12,921

  • Beds Icon12 Beds
  • Beds Icon
    12 Baths
  • Beds Icon7,080sqft

1311 Madrigall Pkwy, Dallas, TX 75206

$12,921/moEst:

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  • 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 stee
l 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 NTREIS MLS-TX

Property Details

  • Status

    Active

  • Type

    Multi Family

  • No. of Stories

    -

  • County

    Dallas County

  • City

    Dallas

  • 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 Lawn Care

Maintenance 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

DateEventPrice

09/13/2026

Source: mls_logoNTREIS MLS-TX #21385091

Listed for Sale

$2,596,000

$367/sqft

Nearby Homes

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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