305 Rita Drive
Garland, TX 75042

  • 5 beds
  • 4 baths
  • – sqft
  • 10,802 sqft lot
  • 1966 build
  • on site

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In this charming rare full DUPLEX, in Garland,TX just 25 minutes NE of Dallas Metro area. Currently at a 9.4% gross cap rate,6.6% net cap rate with room to grow! 100% occupied and value add! Your tenants will have the option of choosing between two beautiful units. Unit 307 boasts a cozy 950 sq ft 2-bedroom, 1.5-bathroom layout, perfect for those seeking a comfortable and inviting space to call home. Meanwhile, Unit 305 offers a spacious 1231 sq ft. 3-bedroom, 2-bathroom floor plan, ideal for those in need of a bit more room to stretch out and relax. Both units are thoughtfully designed to provide your tenants with a peaceful and stylish living environment or possibly for first time home buyers or investors, live in one side lease the other in year two. This is a great opportunity to add this income producing property to your real estate portfolio. These rarely come on market for sale so don’t miss out on this great value!

North Texas Real Estate Information Systems, Inc. logo Listing courtesy of NTREIS / Coldwell Banker Apex, REALTORS

Last checked: Checking… • Last updated May 10, 2024 •

MLS# 20601895 —

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Sale history

Date Event Source Price % Change
5/10/24
Sold NTREIS
5/1/24
Pending NTREIS $355,000
5/1/24
Sold Subject To Contingencies NTREIS $355,000

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Multifamily Sold on 5/10/2024

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Listing provided by broker:

Thomas Ricci

Coldwell Banker Apex, REALTORS

980-333-3175

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