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PRICE $2,596,000 dsIDX morgage calculator
BEDS 12
BATHS 12
HOME SIZE 7,080 sqft
LOT SIZE 7,231 sqft

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.

LAST UPDATED 9/13/2026 TRACT GREENVILLE TERRACE
YEAR BUILT 2026 GARAGE SPACES 8.0
COUNTY Dallas STATUS Active
PROPERTY TYPE(S) Multi Family

SCHOOLS
School District Dallas ISD
Elementary School Geneva Heights
Jr. High School Long
High School Woodrow Wilson


ADDITIONAL DETAILS
AIR Heat Pump
AIR CONDITIONING Yes
AMENITIES Maintenance Grounds, Maintenance Structure
APPLIANCES Dishwasher, Disposal, Electric Range, Electric Water Heater, Microwave, Refrigerator, Vented Exhaust Fan
CONSTRUCTION Unknown
EXTERIOR Permeable Paving
GARAGE Yes
HEAT Exhaust Fan, Heat Pump
HOA DUES 275|Monthly
INTERIOR Built-in Features, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s), Wired for Data
LOT 7231 sq ft
LOT DESCRIPTION Landscaped
PARKING Additional Parking, Concrete, Garage Door Opener, Garage Faces Side, Shared Driveway, Attached
SEWER Public Sewer
STORIES 3+
SUBDIVISION GREENVILLE TERRACE
UTILITIES Electricity Connected, Underground Utilities
WATER Public
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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CONTACT US ABOUT 1311 MADRIGALL PARKWAY
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Listing provided by Glenda Fabregas, Monument Realty
NTREIS LogoYou may not reproduce or redistribute this data, it is for viewing purposes only. This data is deemed reliable, but is not guaranteed accurate by the MLS or NTREIS.
This data was last updated on: 9/13/26 3:42 PM PDT

This IDX solution is (c) Diverse Solutions 2026.