4013 N GARLAND AVENUE #1, GARLAND, TX 75040

Homes for sale in Garland.

Homes for sale in 75040.


Active

List Price$668,000

4013 N Garland Avenue #1

Garland, TX 75040

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

Listing #21349483

10

Bedrooms

4 full, 4 partial

Bathrooms

4,089

Square Feet

4

Number of Units

Multi-Unit Residential

Type

About This Property

Rare Investment Opportunity -- Entire Income-Producing Fourplex Four Individually Deeded Condominium Units Sold Together, all being sold together in one transaction. Unlike a traditional fourplex, this unique ownership structure offers investors additional flexibility through separate deeds while maintaining ownership of the entire building. Buyer to verify future resale, leasing, and HOA requirements. This fully leased multifamily investment property presents an excellent opportunity for investors seeking stable rental income in one of Garland's established residential communities. One purchase acquires four income-producing residences, making it an attractive addition to an investment portfolio or a potential 1031 Exchange acquisition. Strategically located just minutes from the Garland VA Medical Center and the expanding Valoris HealthPark Medical District, the property benefits from proximity to one of North Texas' largest healthcare and government employment centers. The ongoing redevelopment of the former Baylor campus into Valoris HealthPark continues to bring new medical offices, healthcare facilities, and public and private investment to the area, supporting long-term economic growth and housing demand. Ideally positioned near DART Rail, President George Bush Turnpike, I-635, and major employment corridors, the property offers convenient access to Downtown Dallas, Richardson, Plano, and surrounding business centers. Nearby hospitals, healthcare campuses, universities, corporate employers, shopping, dining, and entertainment further enhance the property's appeal to tenants. Whether you're expanding your multifamily portfolio, completing a 1031 Exchange, or seeking a North Texas investment property in a high-demand rental market, this is a rare opportunity to acquire an entire four-unit building with individually deeded ownership in a prime Garland location.

Property Features

Location Information

County

Dallas

Subdivision

Tomlinson Square-Winter Park

Interior Features

Interior

Cable TV

Heating

Central

Full Baths

4

Cooling

Central Air

1/2 Baths

4

Floors

Tile

Has Fireplace

No

Appliances

Dishwasher, Electric Cooktop, Electric Oven, Disposal, Microwave

Number of Fireplaces

0

Total Number of Units

4

Exterior Features

Stories

2

Pool Description

None

Construction

Brick

Lot Size in Acres

3.646

Foundation

Slab

Lot Size in Sq. Ft.

158,819

Roof

Composition

Buildings

1

Utilities

Sewer Available, Water Available, Cable Available

Building Total Area (Sq. Ft.)

4,089

Parking Description

Parking Lot

Is One Story

No

Garage Spaces

0

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

Has a Home Owners Association

Yes

Property Type

RI

HOA Fee

$295

Property SubType

Quadruplex

HOA Frequency

Monthly

Year Built

1984

HOA Includes

Association Management

Status

Active

Tax Annual Amount

4076.0

Similar Listings

Mortgage Calculator

$3,118

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$2,407

Monthly Tax

$556

Monthly Insurance

$155

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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