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1311 Madrigall Parkway Dallas, Texas 75206

For Sale

$2,596,000

Smart Buyer Rebate $25,960

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.

Listed by Glenda Fabregas

·

Monument Realty

·

214-773-9669

Last updated September 13, 2026

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Source: NTREIS #21385091

Listing Facts

  • TypeMulti-family
  • NeighborhoodOld East Dallas
  • Bedrooms12
  • Bathrooms12
  • Days on Prevu2
  • HOA/Maint. Fees$275/month
  • Size7,080 sqft
  • Price per sqft$367

Amenities

  • Dishwasher
  • Pets Allowed
  • Parking

Location

Mortgage Calculator

Listing History

09/13/2026
Listed by Monument Realty
$2,596,000
  1. 09/13/2026$2,596,000
    Listed by Monument Realty

Property Details for 1311 Madrigall Parkway

Association

Fees

  • Association Fee: $275.00 Monthly
  • Association Fee Includes: Back Yard Maintenance, Front Yard Maintenance, Maintenance Grounds, Maintenance Structure

Exterior

Construction

  • Number Of Units Total: 4
  • Roof: Flat, Synthetic
  • Year Built: 2026
  • Year Built Details: New Construction - Complete
  • Exterior Features: Permeable Paving

Features

  • Fencing: Back Yard

Measurements

  • Building Area Total: 7,080
  • Lot Size Acres: 0.16
  • Lot Size Area: 7,233
  • Lot Size Source: Builder
  • Lot Size Square Feet: 7,233
  • Lot Size Units: Square Feet

Financial

Taxes

  • Parcel Number: 0679 00G 00400 1000679 00G, 000679000G04D0000

Interior

Features

  • Appliances: Dishwasher, Disposal, Electric Range, Electric Water Heater, Microwave, Refrigerator, Vented Exhaust Fan
  • Flooring: Luxury Vinyl Plank, Tile
  • Interior Features: Built-in Features, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s), Wired For Data

Measurements

  • Living Area: 7,080

Rooms

  • Bathrooms Full: 8
  • Bathrooms Half: 4
  • Bathrooms Total Integer: 12
  • Bedrooms Total: 12

Other

Environmental

  • Green Energy Efficient: Appliances,Construction,Doors,HVAC,Insulation,Waterheater,Windows

Location

  • Subdivision Name: GREENVILLE TERRACE
  • Tax Block: G/679
  • Tax Lot: 4B

Parking

Parking

  • Attached Garage: Yes
  • Covered Spaces: 8
  • Garage Spaces: 8
  • Garage: Yes
  • Parking Features: Additional Parking, Concrete, Garage Door Opener, Garage Double Door, Garage Faces Side, Shared Driveway

Schools

Elementary School

  • Elementary School: Geneva Heights

Utilities

Equipment

  • Cooling: Heat Pump
  • Heating: Heat Pump
  • Utilities: Asphalt, City Sewer, City Water, Curbs, Electricity Connected, Individual Water Meter, Sidewalk, Underground Utilities

Frequently Asked Questions

How many bedrooms and bathrooms does this multi-family home have?

There are 12 bedrooms and 12 bathrooms in this multi-family home at 1311 Madrigall Parkway .

What schools are nearby to 1311 Madrigall Parkway ?

Nearby schools include the Geneva Heights Elementary School.

Does this multi-family home have parking?

Yes, there are 8 parking spaces available for 1311 Madrigall Parkway .

How does 1311 Madrigall Parkway compare to other multi-family homes in Old East Dallas?

This multi-family home is listed 35% above the average price for multi-family homes in Old East Dallas and has been on the market for 95 less days than the typical home in this area.

What building or home owners association is the multi-family home part of?

This multi-family home is in the Greenville Terrance building.

What is the square footage on this multi-family home?

According to the MLS, this listing is 7,080 sqft.

1311 Madrigall Parkway is a 12-bedroom, 12-bath multi-family home for sale in Dallas Texas 75206. On Prevu for 2 days at $2,596,000. This home features 7,080 square feet of living space, located in Old East Dallas. The median listing price for multi-family homes in this area is $549,000. Nearby schools include Geneva Heights Elementary School. Property amenities include dishwasher, pets allowed, and parking. Browse more multi-family home listings in Dallas.

Based on information from NTREIS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.