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Sold 75042 Garland

325 Rita Dr

Garland, TX 75042

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Sold

$325,001 - $370,000

Sold on March 19, 2024

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5 Bedroom(s)

3 Full & 1 Half Bath(s)

0.24 Lot Acres

Multi-Family - Duplex

2 Day(s) on HAR.com

Home value comparables

Using a REALTOR is the best way to determine the market price of a home. Start this process by viewing the third-party valuations and then contact a Realtor to determine a reasonable purchase price for a home.

Current Valuations

Home Value Comparables

AVM Value $346K	AVM Value $346K	AVM Value $351K	AVM Value $260K
Value Range $315K - $377K	Value Range $323K - $370K	Value Range $323K - $383K	Value Range $ 259,650
Confidence Score 91% Margin of Error*: 9%	Confidence Score 95% Margin of Error*: 7%	Confidence Score NA	Confidence Score NA

$346K

$351K

$260K

Limitations: This represents an estimated sales price for this property. It is not the same as the opinion of value in an appraisal developed by a licensed appraiser under the Uniform Standards of Professional Appraisal Practice. The values do not include a physical or visual inspection of the subject property. User shall not use the values in lieu of an appraisal by a licensed appraiser or as a basis for making any financial decision.

Zestimate Home Values are provided by Zillow, Inc. Use is subject to Zillow Terms of Use and are provided as-is, as-available.

Description

****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!

MLS#

NTREIS-20552164

Sold Price Range

$325,001 - $370,000

Listing Status

Sold

Address

325 Rita Dr

City

Garland

State

Zip Code

75042

County

Dallas County

Subdivision

College Manors

Legal Description

COLLEGE MANORS BLK 1 LOT 7 VOL98148/7929 DD07

Property Type

Multi-Family - Duplex

Bedroom

5 Bedroom(s)

Bath

3 Full & 1 Half Bath(s)

Stories

Year Built

1969 / Appraisal District

Lot Size

0.24 Lot Acres./Appraisal District

Property map

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view

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directions

Thomas Ricci

Coldwell Banker Apex, REALTORS

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Exterior

Roof

Composition

Foundation

Slab

Private Pool

Private Pool Desc

Fenced

Exterior Type

Brick

Lot Description

Few Trees, Interior Lot, Landscaped

Parking

Carport, Covered

Fencing

Chain Link

Porch

Deck

Utility

Cable Available, City Sewer, City Water, Electricity Connected

Interior

Floors

Carpet

Cooling

Electric

Heating

Electric

Appliances

Electric Oven, Electric Range

Security System

Smoke Detector(s)

Interior

Cable TV Available, High Speed Internet Available

Lot information

Lot Size

0.24 Lot Acres /Appraisal District

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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy

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Property tax

Cost/Sqft based on tax value

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Down Payment Assistance

Mortgage

Create and estimate your monthly mortgage payment and property taxes, based on past rates.

Estimated Monthly Payments

LIST PRICE

DOWN PAYMENT

Amount

Percentage

Loan Term

Months

Years

Annual Interest Rate Estimated Monthly Principal & Interest

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Estimated Monthly Property Tax

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More Options

Monthly Homeowner's Insurance Monthly PMI (Private Mortgage Insurance) Monthly HOA fees

Full Page

Listing Tax	Numbers
Principal & Interest	2,841
Taxes	1,242

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Subdivision Facts

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Market update video

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Schools

School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.