****MULTIPLE OFFERS RECEIVED AS OF MARCH 7th 2024, 6pm ****
In this charming rare DUPLEX, in Garland,TX just 25 minutes NE of Dallas Metro area. Currently at a 8.2% gross cap rate,5.3% net cap rate with room to grow! 100% occupied and value add for year two. Your tenants will have the option of choosing between two beautiful units. Unit 325 boasts a cozy 2-bedroom, 1.5-bathroom layout, perfect for those seeking a comfortable and inviting space to call home. Meanwhile, Unit 327 offers a spacious 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!
Sold
Price Unknown
325 Rita Dr, Garland, TX 75042
5beds
2,248sqft
Duplex, Multi Family
Built in 1969
10,410.84 Square Feet Lot
$438,100 Zestimate®
$--/sqft
$2,579 Estimated rent
Home value
$438,100
$394,000 - $486,000
$2,579/mo
Zestimate® history
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Floor plan
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:
Pam Henderson
Redfin Corporation
Source: NTREIS,MLS#: 20552164
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Heating
- Electric
Cooling
- Central Air
Appliances
- Included: Electric Oven, Electric Range
Features
- High Speed Internet, Cable TV
- Flooring: Carpet
- Has basement: No
Interior area
- Total structure area: 2,248
- Total interior livable area: 2,248 sqft
Property
Parking
- Total spaces: 2
- Parking features: Covered, Carport
- Carport spaces: 2
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck
- Pool features: Fenced, None
- Fencing: Chain Link
Lot
- Size: 10,410 sqft
- Features: Interior Lot, Landscaped, Few Trees
Details
- Parcel number: 26095500010070000
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Duplex, Multi Family
Materials
- Brick
- Foundation: Slab
- Roof: Composition
Condition
- Year built: 1969
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Sewer Available, Water Available, Cable Available
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Location
- Region: Garland
- Subdivision: College Manors
Other
Other facts
- Listing terms: Cash,Conventional,1031 Exchange,VA Loan
Price history
| Date | Event | Price |
|---|---|---|
| 3/19/2024 | Sold | -- |
Source: NTREIS #20552164 Report a problem | ||
| 3/11/2024 | Pending sale | $350,000$156/sqft |
Source: NTREIS #20552164 Report a problem | ||
| 3/8/2024 | Contingent | $350,000$156/sqft |
Source: NTREIS #20552164 Report a problem | ||
| 3/6/2024 | Listed for sale | $350,000$156/sqft |
Source: NTREIS #20552164 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,771 +0.2% | $331,530 |
| 2024 | $1,767 +24.8% | $331,530 +27.7% |
| 2023 | $1,416 -5.9% | $259,650 |
| 2022 | $1,505 +61.1% | $259,650 +71.4% |
| 2021 | $934 -3.7% | $151,520 |
| 2020 | $969 -1% | $151,520 |
| 2019 | $980 -1.5% | $151,520 |
| 2018 | $995 -70.7% | $151,520 +26.1% |
| 2017 | $3,390 +0.1% | $120,140 |
| 2016 | $3,387 +26.6% | $120,140 |
| 2015 | $2,676 | $120,140 +17.7% |
| 2014 | $2,676 | $102,060 |
| 2013 | -- | -- |
| 2012 | -- | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
| 2009 | -- | -- |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
| 2003 | -- | -- |
| 2002 | -- | -- |
| 2001 | -- | -- |
Find assessor info on the county website
Neighborhood: 75042
Nearby schools
GreatSchools rating
- 8/10Golden Meadows Elementary SchoolGrades: PK-5Distance: 0.6 mi
- 3/10Bussey Middle SchoolGrades: 6-8Distance: 0.9 mi
- 5/10Garland High SchoolGrades: 9-12Distance: 0.7 mi
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
$438,100
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
$438,100
- Texas
- Dallas County
- Garland
- 75042
- 325 Rita Dr
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