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2733 Patricia

Garland, TX 75041

8 beds
6 baths
4,944 sqft
15,681 sqft lot
$98 per sqft
1984 build
– on site

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Great investment opportunity! Fully occupied and cash flowing 4 plex. Cap rate of 7.11%. Each unit has spacious, functional layout with 2 beds and 1 full bath upstairs, and living, dining, kitchen and half bath down. There is parking in the driveways in alley or on street. 2 units were lightly remodeled a few years ago, the other 2 units in great condition. Pictures are of one of the units that have not been remodeled when it was vacant in August. All 4 units are currently rented out under market value. Market value rent supports rents of $1075-1125. Cap rate increases to 8.2% with increased rents. DOM has typically been under 30 days when leasing.

Listing courtesy of NTREIS / JP & Associates Plano

Last checked: Checking… • Last updated Apr 19, 2024 •

MLS# 14212995 —

The Building

Year Built:

1984
Year Built Details:

Preowned
Window Features:

Window Coverings
Patio And Porch Features:

Patio
Security Features:

Security System, Smoke Detector(s)
Accessibility Features:

No
Roof:

Composition
Foundation Details:

Slab
Stories:

2
Levels:

Two
Green Energy Efficient:

Appliances
Construction Materials:

Brick, Siding
Building Area Total:

4944.00
Building Area Source:

Assessor

Interior

Interior Features:

Cable TV Available, High Speed Internet Available
Flooring:

Carpet, Vinyl

Room Dimensions

Living Area:

4944.00

Location

Directions:

From 635, go east on 78. Turn left on Patricia. Property is to the left.
Latitude:

32.88253000
Longitude:

-96.66085300

The Property

Property Type:

Residential Income
Property Subtype:

Quadruplex
Property Attached:

No
Parcel Number:

26-17361-001-001-0000
Lot Features:

Corner Lot, Few Trees
Lot Size:

Less Than .5 Acre (not Zero)
Lot Size SqFt:

15681.6000
Lot Size Acres:

0.3600
Lot Size Area:

0.3600
Lot Size Units:

Acres
Fencing:

Wood
# of Buildings:

1
Waterfront:

No
Will Subdivide:

No

Listing Agent

Contact info:

Taxes

Tax Lot:

1
Tax Block:

1
Tax Legal Description:

ENGLISH ESTS 6/WIMBLEDON GARDENS BLK 1 LOT 1 INT20

Beds

Bedrooms Total:

8

Baths

Full Baths:

4
Half Baths:

4

The Listing

Buyer's Brokerage Compensation:

3

Heating & Cooling

Heating:

Central, Electric
Cooling:

Ceiling Fan(s), Central Air, Electric

Utilities

Utilities:

Alley, City Sewer, Curbs, Sidewalk

Appliances

Appliances:

Dishwasher, Disposal, Electric Range, Vented Exhaust Fan, Electric Water Heater

Schools

School District:

Garland ISD
Elementary School:

Choice of School
Elementary School Name:

Choice of School
Middle Or Junior School:

Choice of School
Middle School Name:

Choice of School
High School:

Choice of School
High School Name:

Choice of School

The Community

Subdivision Name:

English Estates 6 Wimbledon Garden
Pool:

No
Association Type:

None
Complex Name:

Wimbledon Garden

Parking

Garage:

No
# of Parking Spaces:

8
Parking Features:

Garage Faces Rear, On Street, Open

Explore the Area

My Commute

From

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
12/3/19 Dec 3, 2019	Sold	NTREIS

Multifamily Sold on 12/3/2019

Listing provided by broker:

Susie Jenks

JP & Associates Plano

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2733 Patricia

Garland, TX 75041