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3951 N Garland Avenue #1

Garland, Texas 75040
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Bed 10

Bed

Bath 8

Bath

SqFt4,089

Sqft

Acres3.65

Acres(Lot)

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 completi ng 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.

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Detail Ic Property Details

Property Type : Residential Income

Price : $668,000

AD Id : 89120511

MLS Id : 569831198

Beds : 10

Lot Size : 3.65 Acres

Living Area Size : 4,089

Year Built : 1984

County : Dallas

Subdivision: Tomlinson Square Winter Park

  • Map Map

Map

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Feature Features

  • Bedroom Information

    Total Bedrooms: 10

    Bathroom Information

    Total Baths: 4.5 Full Baths: 4 Half Baths: 4
  • Interior Features

    Cable TV Available

    Appliances

    Dishwasher,Disposal,Electric Cooktop,Electric Oven

    Utilities

    City Sewer,City Water
  • Cooling Features

    Central Air

    Heating Source

    Central

  • Building Information

    Built Year: 1984 Building Area Total: 4,089 Construction: Brick,Siding Roof Type: Composition
  • Foundation

    Slab
  • Construction Materials

    Brick,Siding

  • Lot Information

    Lot Size (Acr): 3.6460 Lot Size Units: Acres Lot Size Square Feet: 158,820
  • Property Information

    SQ ft (Living Area): 4,089 Property Type: Residential Income Property Sub Type: Quadruplex Subdivision: Tomlinson Square-Winter Park City: Garland State: Texas Directions: Head northeast on US-75 N Take exit 25 toward Arapaho Rd Merge onto N Central Expy Turn right onto E Arapaho Rd Continue onto N Garland Ave Property Status: Active Levels: Two Property Age: 42 Year Built Details: Preowned

  • Listing Price Information

    Original List Price: $668,000 List Price Tot SqFt: $163
  • Listing Information

    Possession: Lease Outstanding

  • Tax Information

    Parcel Number: 26611550000F00001 Tax Block: 1 Tax Legal Description: TOMLINSON SQUARE/WINTER PARK BLK 1 LT 1 ACS 3 Tax Lot: 1 Unexempt Taxes: $4,076

  • Parking Information

    Garage Space: 0 Carport Spaces: 0 Parking: 8 Parking Features: Parking Lot
  • Homeowners Association Information

    Included Fees: Front Yard Maintenance,Maintenance Grounds,Maintenance Structure,Management Fees HOA Type: Mandatory HOA: $295.00 HOA Frequency: Monthly

  • School Information

    Elementary School: Choice Of School Middle School: Choice Of School High School: Choice Of School School District: Garland ISD
  • Utility Information

    Utilities: City Sewer,City Water
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
4013 N Garland Avenue #1, Garland, TX, 75040 $668,000 10 8 4,089 4,089 SqFt
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Disclosure: 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 2026. All rights reserved

ByOwner last updated this listing 08/16/2026 @ 17:40

MLS: 569831198 LISTED BY: Cristina Rosenthal, Redfin Corporation 817-858-0055 SOURCE: NTREIS - North Texas Real Estate Information

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