$485,000
SOLD DEC 3, 2019
Last list price

2733 Patricia Ln Garland, TX 75041

English Neighborhood
8 Beds
8 Baths
4,944 Sq Ft
0.36 Acres

Recently Sold

$98 Per Sq Ft

3 Days on Market

Highlights

  • Corner Lot
  • Home Security System
  • Vinyl Plank Flooring
  • Patio
  • Energy-Efficient Appliances
  • Central Heating and Cooling System

About This Home

As of December 2019

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.

Last Agent to Sell the Property

Susie Goad

Call It Closed International, Inc. License #0665782 Listed on: 10/22/2019

Co-Listed By

Jhon Garcia

Gingrich Group, LLC License #0621300

Last Buyer's Agent

Leonard Thomas

RE/MAX Premier License #0419613

RE/MAX Premier

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1984

Lot Details

  • 0.36 Acre Lot
  • Wood Fence
  • Corner Lot
  • Few Trees

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof
  • Siding

Interior Spaces

  • 4,944 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Window Treatments

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl Plank

Bedrooms and Bathrooms

  • 8 Bedrooms

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • 8 Car Garage
  • Rear-Facing Garage
  • On-Street Parking
  • Open Parking

Schools

  • Choice Of Elementary And Middle School
  • Choice Of High School

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Energy-Efficient Appliances
  • Patio

Community Details

  • 4,944 Sq Ft Building
  • English Estates 6 Wimbledon Garden Subdivision

Listing and Financial Details

  • Legal Lot and Block 1 / 1
  • Assessor Parcel Number 26-17361-001-001-0000
  • $10,711 per year unexempt tax

Property Details

Home Type

Multi-Family

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Unit Levels: Two
  • Security: Security System, Smoke Detector(s)
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Net Operation Income: 34509
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Ratio Current Price By Building: 96.48058
  • Special Features: None
  • Year Built: 1984

Interior Features

  • Square Footage: 4944.00
  • Windows: Window Coverings
  • Interior Amenities: Cable TV Available, High Speed Internet Available
  • Flooring: Carpet, Vinyl
  • Appliances: Dishwasher, Disposal, Electric Range, Vented Exhaust Fan, Electric Water Heater

Beds/Baths

  • Full Bathrooms: 4
  • Half Bathrooms: 4
  • Total Bedrooms: 8

Exterior Features

  • Pool: No
  • Foundation: Slab
  • Fencing: Wood
  • Roof: Composition
  • Construction Materials: Brick, Siding
  • Waterfront: No
  • Patio And Porch Features: Patio

Garage/Parking

  • Cooling System: Ceiling Fan(s), Central Air, Electric
  • Number Of Parking Spaces: 8
  • Parking Features: Garage Faces Rear, On Street, Open
  • GarageYN: No

Utilities

  • Heating: Central, Electric
  • Utilities: Alley, City Sewer, Curbs, Sidewalk

Condo/Co-op/Association

  • Complex Name: Wimbledon Garden
  • Association Type: None

Schools

  • School District: Garland ISD
  • Elementary School: Choice of School
  • Middle School: Choice of School
  • High School: Choice of School
  • School District: Garland ISD
  • Elementary School: Choice of School
  • High School: Choice of School

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Features: Corner Lot, Few Trees
  • Lot Size Units: Acres
  • Lot Size Area: 0.3600
  • Parcel Number: 26-17361-001-001-0000
  • Lot Size Acres: 0.3600
  • Lot Size Sq Ft: 15681.6000

Green Features

  • Efficiency: Appliances
  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 1984
  • Units Total: 4

Multi Family

  • Gross Annual Expenses: 13011.00
  • Gross Annual Income: 47520.00
  • Insurance Expense: 1800
  • Unit Count: 2

Tax Info

  • Unexempt Taxes: 10711
  • TaxBlock: 1
  • Tax Lot: 1

MLS Schools

  • MiddleOrJuniorSchool: Choice of School
  • Middle School Name: Choice of School
  • Elementary School Name: Choice of School
  • High School Name: Choice of School

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2021 11/15/21 Rented $1,360 0.0% --
10/26/2021 10/26/21 Under Contract -- -- --
10/14/2021 10/14/21 For Rent $1,360 0.0% --
12/03/2019 12/03/19 Sold -- -- --
10/25/2019 10/25/19 Pending -- -- --
10/22/2019 10/22/19 For Sale $485,000 -- $98 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Susan Wilson

    Seller's Agent in 2021

    Susan Wilson

    NewGen Properties LLC

    (817) 909-6600

    20 Total Sales

    Susan Wilson
    Section Image

  • C

    Buyer's Agent in 2021

    Craig Lewis

    NewGen Properties LLC

  • S

    Seller's Agent in 2019

    Susie Goad

    Call It Closed International, Inc.

    (972) 607-6806

    60 Total Sales

    Susie Goad
    Section Image

  • J

    Seller Co-Listing Agent in 2019

    Jhon Garcia

    Gingrich Group, LLC

    (214) 514-3744

    34 Total Sales

    Jhon Garcia
    Section Image
  • Leonard Thomas

    Buyer's Agent in 2019

    Leonard Thomas

    RE/MAX

    (214) 636-6377

    221 Total Sales

    Leonard Thomas
    Section Image
See All Agents

Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 14212995

North Texas Real Estate Information Systems (NTREIS)

APN: 26-17361-001-001-00-00

Texas Dallas County Garland 75041 English

2733 Patricia Ln, Garland, TX

This home is located at 2733 Patricia Ln, Garland, TX 75041 and is currently priced at $485,000, approximately $98 per square foot. This property was built in 1984. 2733 Patricia Ln is a home located in Dallas County with nearby schools including Ignite Community School - Garland.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

North Texas Real Estate Information Systems (NTREIS) Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2025. All rights reserved

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