1311 Madrigall Parkway
1311 Madrigall Parkway
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1311 Madrigall Parkway
For Sale

1311 Madrigall Parkway

1311 Madrigall Parkway, Dallas, TX 75206

$2,596,000
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.

12
beds

12
baths

7,080 Sq.Ft. LIVING AREA

7,233 Sq.Ft. lot

Glenda Fabregas

Glenda Fabregas

Features & Amenities

Interior

  • total bedrooms12
  • Total bathrooms12
  • full bathrooms8
  • half bathrooms4
  • Flooring Luxury Vinyl Plank, Tile
  • APPLIANCES Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Vented Exhaust Fan
  • other interior Features Built-in Features, Kitchen Island, Open Floorplan, Pantry, Wired for Data, Walk-In Closet(s)

Area & Lot

  • Status For Sale
  • Living Area7,080 Sq.Ft.
  • Total Area7,080 Sq.Ft.
  • Lot Area7,233 Sq.Ft.
  • MLS® ID21385091
  • TypeResidential
  • YEAR BUILT2026
  • Elementary SchoolGeneva Heights
  • Middle SchoolLong
  • High SchoolWoodrow Wilson
  • School DistrictDallas ISD

Exterior

  • STORIES3
  • Garage Space8.0
  • water SourcePublic
  • utilitiesElectricity Connected, Sewer Available, Separate Meters, Underground Utilities, Water Available
  • PoolNone
  • roofFlat, Synthetic
  • lot featuresNative Plants
  • parkingAdditional Parking, Concrete, Door-Multi, Garage, Garage Door Opener, Shared Driveway, Garage Faces Side
  • HEAT TYPEHeat Pump
  • AIR CONDITIONINGHeat Pump
  • sewerPublic Sewer
  • SubstructureSlab
  • HOA AmenitiesMaintenance Front Yard
  • security FeaturesCarbon Monoxide Detector(s), Firewall(s), Smoke Detector(s)
  • other exterior FeaturesPermeable Paving

Financial

  • Sales Price$2,596,000
  • HOA $275/mo
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