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12 Beds
12 Baths
7,080 sqft

$2,596,000

1311 Madrigall Parkway, Dallas TX, 75206

Price per sqft$366.67
Built in2026
Property size7,080 sqft
Property typeResidential

Overview

Active

Updated 3 days ago

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.

$17,271/mo

Est. mortgage payment based on a $2,596,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
21385091

Interior Features

Bedrooms
12
Bathrooms
12
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.17 Acres

Other Property Details

Association Fee Frequency
Monthly
Garage
Yes
55+/Senior Community
No

Listed by Glenda Fabregas with Monument Realty
Listing Contact: 214-773-9669 

The IDX display contains information sourced from the North Texas Real Estate Information Systems, Inc. as of 9/14/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 9/14/2026 at 12:42 PM UTC

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