104 S 11TH STREET, GARLAND, TX 75040

Homes for sale in Garland.

Homes for sale in 75040.


104 S 11th Street

Garland, TX 75040

Active

List Price$2,350,000

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

Listing #21154218

14,720

Square Feet

24

Number of Units

Multi-Unit Residential

Type

About This Property

Town Central Apartments is a 24-unit multifamily property located in the downtown Garland area of the Dallas--Fort Worth metroplex. Constructed in 1983, the community offers a 1 and 2 bedroom unit mix. The value add opportunity for future owners exists through interior enhancements. The property is situated one block east of Garland High School with convenient access to S. Garland Road, providing strong visibility and connectivity to major employment centers, retail, and public transit. Walking distance to downtown Garland amenities, dining, and entertainment. Freddy Mac assumable loan available for qualified buyers. Recent ownership has completed multiple capital improvements such as a new roof, exterior carpentry and rehabbed a handful of units that prove the pro forma market rent. Current property management is able to maintain 90% occupancy to help buyer secure financing. The asset presents a stable asset with value add potential. Town Central Apartments is well positioned within a supply-constrained submarket and benefits from established residential demand. Property tours are available by appointment. Buyer to independently verify all information, including unit count, square footage, condition, and zoning.

Property Features

Location Information

County

Dallas

Subdivision

JOYCE & ALEXANDER

Interior Features

Interior

High Speed Internet, Cable TV

Cooling

Electric, Wall/Window Unit(s)

Has Fireplace

No

Floors

Carpet, Ceramic Tile, Vinyl

Number of Fireplaces

0

Appliances

Dishwasher, Electric Oven, Electric Range, Disposal

Heating

Electric

Total Number of Units

24

Exterior Features

Stories

2

Lot Description

Subdivision

Construction

Brick, Wood Siding

Lot Size in Acres

0.689

Foundation

Slab

Lot Size in Sq. Ft.

30,012

Roof

Shingle

Buildings

2

Utilities

Sewer Available, Separate Meters, Water Available, Cable Available

Building Total Area (Sq. Ft.)

14,720

Security System

Fire Alarm

Road Description

Asphalt

Parking Description

Concrete

Is One Story

No

Garage Spaces

0

Lot Description

Subdivision

Pool Description

None

School

Elementary School District

Garland ISD

Jr. High School

Choice Of School

Elementary School

Choice Of School

High School

Choice Of School

Additional Information

Year Built Details

Preowned

Status

Active

Property Type

RI

Has a Home Owners Association

No

Property SubType

Apartment

Community Features

Curbs

Year Built

1983

Lot Acres Source

Assessor

Similar Listings

Mortgage Calculator

$10,974

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$8,468

Monthly Tax

$1,958

Monthly Insurance

$548

yrs

%

$

$

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.

Schools

Walk Score

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