1311 Madrigall Parkway
Dallas, TX, 75206 $ 2,596,000
Bedrooms12 Baths8.4 Sq 7,080 Monthly Estimate*
$ 17,930
for $2,596,000 with 12 bedrooms and 8 full baths, 4 half baths. This 7,080 square foot home was built in 2026 on a lot size of 0.166.
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.
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FeaturesInteriorInterior Features Built-in Features Kitchen Island Open Floorplan Pantry Walk-In Closet(s) Wired for Data
Flooring Luxury Vinyl Plank Tile
Basement Y/N 0
Total Units 4
Half Baths 4
Total Bedrooms 12
Total Baths 12
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GeneralHeating Heat Pump
Complex Name Greenville Terrance
Cooling Heat Pump
Utilities Asphalt City Sewer City Water Curbs Electricity Connected Individual Water Meter Sidewalk Underground Utilities
Possession Closing/Funding
Roof Flat Synthetic
Appliances Dishwasher Disposal Electric Range Electric Water Heater Microwave Refrigerator Vented Exhaust Fan
Assoc Fees 275
Number of Garage Spaces 8
School District Dallas ISD
HOA Fee Includes Back Yard Maintenance Front Yard Maintenance Maintenance Grounds Maintenance Structure
Pool Y/N 0
Year Built 2026
Levels Three Or More
Property Subtype Multiple Single Units
Subdivision Name GREENVILLE TERRACE
Occupant Type Tenant
County Dallas
Property Type Residential Income
Construction Materials Unknown
Year Built Details New Construction - Complete
HOA Type Mandatory
Special Notes Aerial Photo
# of Buildings 4
Full Baths 8
Status Active
Directions USE GPS and enter 5512 Bryan Parkway. The units are still not in the GPS system this was the old lot address
City Dallas
Elementary School Name Geneva Heights
High School Woodrow Wilson
Elementary School Geneva Heights
Standard Status Active
Listing Terms Cash Conventional Other
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ExteriorWaterfront 0
Exterior Features Permeable Paving
Fencing Back Yard
Garage Length 22
Garage Width 21
Lot Size Source Builder
Parking Features Additional Parking Concrete Garage Door Opener Garage Double Door Garage Faces Side Shared Driveway
Lot Size Condo/Townhome Lot
Foundation Slab
Building Area Total 7080.00
Garage Y/N 1
Attached Garage Y/N 1
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* Excluded FeaturesList ByGlenda FabregasListing Agent
Affordability Calculator
- Monthly Principal & Interest
- $17,930
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Dallas, TX
Average List Price $1,089,037
Percent of Sale Price 58%
About Dallas, TX 1,325,420 Population
11% Since 2002
$ 49,155 Median Income
34.63 Median Age
28% Households with Children
Trends Information provided by ATTOM Data Solutions.
2346718 Elementary School
286523 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 9/13/2026 | $2,596,000 | | Listed Price |