Woodlands Estate, Mansfield - Phase 4
Out of the 3 subdivisions we were building in this past 12 months, only a handful of available inventory remains. However, I wanted to let you know about the new duplex subdivision we are starting.
This subdivision has some of strongest long term upside that we have seen in a long time, due to its location and lack of competition, and the fact that it boasts features such as:
This project is in the city of Mansfield, TX which is spoken of as being "the next Plano". If you've done much business in TX you will know what that means. Another developer is presently selling 1700 S.F. attached town-home duplexes starting at $296,000, per duplex.
We are currently building out 30 duplexes in phases. We have the opportunity to build out a potential 80 duplexes in this subdivision.
We have been told by the company that will be available to handle the leasing and management on this project that we should expect to obtain $1150-$1200 rents per door.
All of our units will be approximately 1200 S.F. and have three bedrooms, two baths and a two car garage. Sprinkler systems, full yard sod with landscaping package, privacy fencing and mini-blinds will be provided with each unit, along with our standard high grade of finish throughout.
Sales Price: $230,000 + Taxes
About Mansfield
Mansfield is featured in the 2007 - Top100 Best Places To Live list compiled by CNN. This list focussed on towns with a population of between 5,000 and 50,000 residents. CNN Reported, "For this year's list we focused on smaller places that offered the best combination of economic opportunity, good schools, safe streets, things to do and a real sense of community."
With a very positive community profile, so much employment being created in the town, and a swell in the population forecast for Mansfield, there is likely to be significant potential for great rental returns and occupancy rates. If required, we can recommend local Letting Agents to manage the property at very competitive rates.
Note: Town planners are actively dissuading developers from building more rental properties in this town, so this is a great opportunity to purchase a property in an exclusive neighbourhood, with limited competition!
Please call us on 0845 643 0260 to request more information