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$3,600,000
37 Beds 37 Baths 21356792 MLS
Rare investment opportunity to acquire a 22-unit portfolio in a lakefront community on Lake Ray Hubbard, offering substantial ownership within the HOA. The portfolio consists of 15 two-bedroom units and 7 one-bedroom units, with 20 units currently leased on 12-month terms, one unit leased month-to-month, and just one vacancy. Current monthly rental income totals approximately $30,170.75, providing strong in-place cash flow with additional upside through filling the vacant unit and future rent increases across several leases. The portfolio has also benefited from significant recent capital improvements. Most water heaters are approximately 1–2 years old, 7 units have HVAC systems approximately 1–2 years old, and roughly 80% of the units have received waterproof flooring within the past two years. Many units also feature recently replaced refrigerators. The HOA permits short-term rentals, providing investors with additional flexibility and the potential to generate premium rental income through alternative leasing strategies. Community amenities include gated parking and waterfront access to Lake Ray Hubbard, while the location offers convenient highway access and close proximity to Rockwall Harbor, shopping, dining, and other major retail destinations. School choice is another notable benefit of the location, with access to several highly rated schools and educational programs. With strong existing occupancy, long term tenants, immediate cash flow, recent improvements, rental upside, and flexible leasing options, this portfolio presents a rare opportunity to acquire significant scale within a single lakefront community.

4448 Chaha Rd, Garland, TX

$269,999
2 Beds 2 Baths 21341703 MLS
Net Positive Revenue Generator Here! Original Owner, after remodel, and original buyer(s) agent and listing agent responsible for tenants with proven use case and net positive revenue. Units stay filled year after year with quick turn around leases. Perfect for first-time landlords or seasoned. Stay onsite, upstairs and lease a tenant downstairs or vice versa. Solar panel energy replenishment taken into consideration for annual expenses. Property does have Rainsoft water treatment system included. Net includes insurance expense. Please review listing data; you do not want to miss this opportunity. Come experience an adorable property tucked back in a charming, quiet neighborhood. Having had only one owner since the remodel; this rare find has a large yard to enjoy with a newly updated interior including; fixtures, stove, built-in microwave, beautiful tile accompanying granite countertops, quality cabinets and flooring, refrigerator, and more! Both mounted televisions stay with the unit unless the new buyer or tenant wants them removed. Minutes from I 635, this property allows for quick access to the neighboring cities of Dallas and Mesquite.

1320 Briarwood Cir, Garland, TX

$668,000
10 Beds 8 Baths 21349483 MLS
Rare Investment Opportunity – Entire Income-Producing Fourplex Four Individually Deeded Condominium Units Sold Together, all being sold together in one transaction. Unlike a traditional fourplex, this unique ownership structure offers investors additional flexibility through separate deeds while maintaining ownership of the entire building. Buyer to verify future resale, leasing, and HOA requirements. This fully leased multifamily investment property presents an excellent opportunity for investors seeking stable rental income in one of Garland's established residential communities. One purchase acquires four income-producing residences, making it an attractive addition to an investment portfolio or a potential 1031 Exchange acquisition. Strategically located just minutes from the Garland VA Medical Center and the expanding Valoris HealthPark Medical District, the property benefits from proximity to one of North Texas' largest healthcare and government employment centers. The ongoing redevelopment of the former Baylor campus into Valoris HealthPark continues to bring new medical offices, healthcare facilities, and public and private investment to the area, supporting long-term economic growth and housing demand. Ideally positioned near DART Rail, President George Bush Turnpike, I-635, and major employment corridors, the property offers convenient access to Downtown Dallas, Richardson, Plano, and surrounding business centers. Nearby hospitals, healthcare campuses, universities, corporate employers, shopping, dining, and entertainment further enhance the property's appeal to tenants. Whether you're expanding your multifamily portfolio, completing a 1031 Exchange, or seeking a North Texas investment property in a high-demand rental market, this is a rare opportunity to acquire an entire four-unit building with individually deeded ownership in a prime Garland location.

4013 N Garland Ave Unit 1, Garland, TX

$668,000
10 Beds 8 Baths 21349490 MLS
Distinctive Investment Opportunity! 1031 Exchange! Entire Fourplex Four Individually Deeded Condominium Units Sold Together. Unlike a traditional fourplex, this unique ownership structure offers investors added flexibility through separate deeds while maintaining ownership of the entire building. Buyer to verify future resale, leasing, and HOA requirements. Delivered vacant and ready for its next owner, this property offers the flexibility to lease all four units at current market rents, renovate and reposition the asset, occupy one or more units while generating rental income from the others, or customize an investment strategy to meet your goals. One purchase acquires four separately deeded residences, making it an attractive opportunity for investors, owner-investors, or those completing a 1031 Exchange. Strategically located just minutes from the Garland VA Medical Center and the expanding Valoris Medical District, the property benefits from proximity to one of North Texas' largest healthcare and government employment centers. The continued redevelopment of the former Baylor campus into Valoris Park is bringing new medical offices, healthcare facilities, and public and private investment to the area, supporting long-term economic growth and housing demand. Ideally positioned near DART Rail, President George Bush Turnpike, I-635, and major employment corridors, the property offers convenient access to Downtown Dallas, Richardson, Plano, and surrounding business centers. Nearby hospitals, healthcare campuses, universities, corporate employers, shopping, dining, and entertainment further enhance the property's long-term investment appeal. Whether you're expanding your multifamily portfolio, completing a 1031 Exchange, or seeking a North Texas investment property with the flexibility to establish your own leasing strategy from day one, this is a rare opportunity to acquire an entire four-unit building with individually deeded ownership in a prime Garland location.

3951 N Garland Ave Unit 1, Garland, TX

$620,000
8 Beds 4 Baths 21323869 MLS
Excellent investment opportunity in bustling city of Garland! 2725 Patricia Lane is a well-positioned quadplex offering four 2-bedroom, 1-bath units, creating a strong setup for an investor seeking income-producing multifamily in an established Dallas County location. Each unit offers a practical floor plan with comfortable living space, functional kitchens, and rental-friendly finishes. Select units have been previously marketed with wood-look flooring, updated light fixtures, bright kitchens, appliance packages, and washer-dryer connections. The property features off-street rear parking and a convenient location near major routes, with access to Downtown Garland, shopping, dining, public transit options, area parks, and employment centers throughout Garland and East Dallas. Great opportunity for the next owner evaluate current vs market leases, and future value-add potential. Whether you are expanding an existing portfolio or looking for a manageable four-unit asset in the DFW market, this property offers the fundamentals investors look for: multiple income streams, efficient unit mix, established rental demand, and a central Garland location. Buyer and buyer’s agent to verify all property details, leases, expenses, rent roll, schools, measurements, and condition.

2725 Patricia Ln, Garland, TX

$660,000
2 Beds 2 Baths 21274690 MLS
Investor’s dream opportunity in the heart of Garland, Texas! This well-maintained quadplex features four spacious 2-bedroom, 2-bath units, each offering approximately 1,040 square feet of comfortable living space. Located in a desirable area with strong rental demand, the property offers immediate cash flow potential with high occupancy and proven rental performance. What truly sets this property apart is the significant capital improvements already completed by ownership. Major systems have been proactively addressed, including updated HVAC systems in 6 of the 8 units across both neighboring quadplexes, completed foundation work, and updated plumbing, helping reduce future maintenance expenses and providing peace of mind for investors. Individual utility meters allow tenants to pay their own utilities, further maximizing owner efficiency and returns. This property may also be purchased alongside the neighboring quadplex, creating a rare opportunity to acquire eight total income-producing units side by side. Whether you’re expanding an existing portfolio or entering the multifamily market, this is an exceptional opportunity to own a stabilized asset with major mechanical and structural improvements already in place, strong rental demand, and long-term upside potential.

2821 Wimbledon Ct, Garland, TX

$660,000
2 Beds 2 Baths 21274695 MLS
Investor’s dream opportunity in the heart of Garland, Texas! This well-maintained quadplex features four spacious 2-bedroom, 2-bath units, each offering approximately 1,040 square feet of comfortable living space. Located in a desirable area with strong rental demand, the property offers immediate cash flow potential with high occupancy and proven rental performance. What truly sets this property apart is the significant capital improvements already completed by ownership. Major systems have been proactively addressed, including updated HVAC systems in 6 of the 8 units across both neighboring quadplexes, completed foundation work, and updated plumbing, helping reduce future maintenance expenses and providing peace of mind for investors. Individual utility meters allow tenants to pay their own utilities, further maximizing owner efficiency and returns. This property may also be purchased alongside the neighboring quadplex, creating a rare opportunity to acquire eight total income-producing units side by side. Whether you’re expanding an existing portfolio or entering the multifamily market, this is an exceptional opportunity to own a stabilized asset with major mechanical and structural improvements already in place, strong rental demand, and long-term upside potential. OFFER DEADLINE SET FOR FRIDAY AT 6PM!

2813 Wimbledon Ct, Garland, TX

$1,320,000
16 Beds 16 Baths 21274510 MLS
Investor’s dream opportunity in the heart of Garland, Texas! This well-maintained quadplex features four spacious 2-bedroom, 2-bath units, each offering approximately 1,040 square feet of comfortable living space. Located in a desirable area with strong rental demand, the property offers immediate cash flow potential with high occupancy and proven rental performance. What truly sets this property apart is the significant capital improvements already completed by ownership. Major systems have been proactively addressed, including updated HVAC systems in 6 of the 8 units across both neighboring quadplexes, completed foundation work, and updated plumbing, helping reduce future maintenance expenses and providing peace of mind for investors. Individual utility meters allow tenants to pay their own utilities, further maximizing owner efficiency and returns. This property may also be purchased alongside the neighboring quadplex, creating a rare opportunity to acquire eight total income-producing units side by side. Whether you’re expanding an existing portfolio or entering the multifamily market, this is an exceptional opportunity to own a stabilized asset with major mechanical and structural improvements already in place, strong rental demand, and long-term upside potential.

2813 & 2821 Wimbledon Ct, Garland, TX

$459,900
6 Beds 4 Baths 21218914 MLS
Prime income-producing full duplex in Rowlett—just minutes from the emerging Lakeview Business District, expected to bring over 1,000 new jobs, and the $1B Sapphire Bay mixed-use development. Perfect house hack — occupy one unit and lease the other for immediate income. Each unit features 3 bedrooms, 2 bathrooms, a 1-car garage, and approximately 1,362 square feet of living space. Recent improvements include a NEW ROOF and fresh interior paint. Interiors offer durable vinyl plank and tile flooring, floor-to-ceiling brick fireplaces, and separate laundry areas. Both units also include spacious, privately fenced backyards. Unit A is vacant (available for showings), Unit B is currently leased at $1,995 per month through April 2027, providing immediate and stable cash flow for investors. Property is Section 8 approved through the Housing Authority.

7506 Amherst Dr Unit A & B, Rowlett, TX

Listings provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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