For Sale
$600,000

2713 Wimbledon CtGarland, TX 75041

Fourplex, High-Yield Potential, Texas

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional two-story, fourplex apartment building presents a compelling investment opportunity in the desirable Garland, Texas market. Located at 2713 Wimbledon Court, 75041, this 4,160 square foot property sits on a 0.2-acre lot (8,886 square feet) and boasts a prime location near Garland Road and I-635, ensuring convenient access to major thoroughfares. Built in 1986, the property comprises four townhouse-style units, each featuring two bedrooms and 1.5 bathrooms. Current gross monthly rent totals $3,895, with individual unit rents starting at $950 and reaching $1,005. Tenants are responsible for all utilities. Recent improvements include the replacement of two HVAC units within the last two years, and units feature updated ceramic tile or luxury vinyl plank (LVP) flooring. Comparable remodeled units in the area command rents exceeding $1,300, indicating significant potential for rental income growth. This property offers an excellent opportunity for immediate cash flow and long-term appreciation, making it an ideal addition to any investment portfolio. The property's strong location and recent upgrades combine to create a compelling investment opportunity with significant upside potential.

Highlights

  • Exceptional fourplex investment opportunity in Garland, TX.
  • 4,160 sq ft building on an 8,886 sq ft lot (0.2 acres) at 2713 Wimbledon Court, 75041.
  • Prime location near Garland Road and I-635.
  • Four two-bedroom, 1.5-bathroom townhouse-style units.
  • $3,895 gross monthly rent; units rent for $950-$1,005. Tenants pay all utilities.
  • Recent upgrades include two new HVAC units and updated flooring (ceramic tile or LVP).

Property Details for 2713 Wimbledon Ct

Property type
Apartment buildings
Square Feet
4,160 SF
Year Built
1986
Stories
2
Lot Size (sq. ft)
8,712 SF

Location Insight

City
Garland
County
Dallas
State
Texas
Latitude
32.8815438
Longitude
-96.6605438
2713 Wimbledon Ct, Garland, Texas

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2713 Wimbledon Ct
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