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  • Price Unknown

    305 Rita Dr, Garland, TX 75042

    5beds
    2,181sqft
    Duplex, Multi Family
    Built in 1966
    10,802.88 Square Feet Lot
    $378,500 Zestimate®
    $--/sqft
    $2,562 Estimated rent

    Home value

    $378,500

    $341,000 - $416,000

    $2,562/mo

    Zestimate® history
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    $2,562/mo

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    $2,562/mo

    Rent Zestimate®

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    What's special

    Floor plan
    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!

    Zillow last checked:

    Listing updated:

    Listed by:

    Thomas Ricci 0627050 980-333-3175,

    Coldwell Banker Apex, REALTORS 214-237-4500,

    Shelby Johnston 0630536 972-322-8562,

    Coldwell Banker Apex, REALTORS

    Bought with:

    Jeffrey Loiacono

    United Real Estate Frisco

    Source: NTREIS,MLS#: 20601895

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Heating
    • Central, Electric
    Cooling
    • Central Air, Ceiling Fan(s), Electric
    Appliances
    • Included: Dishwasher, Electric Oven, Electric Range, Disposal, Refrigerator
    Features
    • Decorative/Designer Lighting Fixtures, High Speed Internet, Kitchen Island, Pantry, Cable TV, Walk-In Closet(s)
    • Flooring: Ceramic Tile
    • Windows: Window Coverings
    • Has basement: No
    Interior area
    • Total structure area: 2,181
    • Total interior livable area: 2,181 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached Carport
    • Carport spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Covered
    • Pool features: None
    • Fencing: Chain Link
    Lot
    • Size: 10,802 sqft
    • Features: Interior Lot, Few Trees
    Details
    • Parcel number: 26095500010020000

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Duplex, Multi Family
    Materials
    • Brick, Wood Siding
    • Foundation: Slab
    • Roof: Composition
    Condition
    • Year built: 1966

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Sewer Available, Water Available, Cable Available

    Community & neighborhood

    Security
    • Security features: Smoke Detector(s)
    Location
    • Region: Garland
    • Subdivision: College Manor

    Other

    Other facts
    • Listing terms: Cash,Conventional,1031 Exchange,FHA,VA Loan

    Price history

    DateEventPrice
    5/10/2024Sold--
    Source: NTREIS #20601895 Report a problem
    5/1/2024Pending sale$355,000$163/sqft
    Source: Coldwell Banker Apex, Realtors #20601895 Report a problem
    5/1/2024Contingent$355,000$163/sqft
    Source: NTREIS #20601895 Report a problem
    5/1/2024Listed for sale$355,000$163/sqft
    Source: NTREIS #20601895 Report a problem
    5/11/2018Listing removed$1,140$1/sqft
    Source: Zillow Rental Network Report a problem
    4/28/2018Listed for rent$1,140$1/sqft
    Source: Zillow Rental Network Report a problem
    3/10/2008Sold--
    Source: Public Record Report a problem
    1/7/2008Sold--
    Source: Public Record Report a problem
    4/6/2007Sold--
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,730 +0.2%$323,980
    2024$1,727 +24.7%$323,980 +27.6%
    2023$1,385 -5.9%$253,950
    2022$1,472 +72.7%$253,950 +83.6%
    2021$853 -3.7%$138,300
    2020$885 -1%$138,300
    2019$894 -1.5%$138,300
    2018$908 -72.6%$138,300 +17.8%
    2017$3,312 +0.1%$117,390
    2016$3,310 +31.8%$117,390
    2015$2,510 $117,390 +22.6%
    2014$2,510 $95,750
    2013-- --
    2012-- --
    2011-- --
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    Find assessor info on the county website

    Neighborhood: 75042

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Garland ISD

    Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $378,500
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $378,500