Value-add
$855,000
8-Unit Multifamily in Garland, TX
Dallas County, TX · listed Aug 18, 2026 (71 days)
Price per unit compared
This property$107K
Within ~40 mi (134)$132K
Texas median (1,196)$92K
- $/unit
- $106,875
- ▲ 16% vs TX · 60th pct
- Cap rate
- 7.7%
- ▲ 0.3 pts vs TX median
- Gross yield
- —
- Units
- 8
- 1984
Financials
- Asking price
- $855,000
- Price per unit
- $106,875
- Price per sq ft
- $116
- Gross rent / year
- Not stated
- Net operating income
- Not stated
- NOI per unit
- Not stated
- Cap rate
- 7.7%
- Gross yield
- Not stated
- Occupancy
- Not stated
As stated by the seller. Verify during due diligence.
Building
- Units
- 8
- Unit mix
- Not stated
- Buildings
- Not stated
- Year built
- 1984
- Building size
- 7,360 sq ft
- Avg unit size
- 920 sq ft
- Lot size
- 0.26 acres
- Condition
- Value-add
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Aug 18, 2026
- Days on market
- 71 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 1840
About this property
8-Unit Garland Value-Add: 40% Rental Upside in the Heart of DFW
Highlights
- Value-Add Opportunity | ~40% Post-Renovation Rental Upside
- 27% Rental Upside Pre-Renovation
- 8 Total Units | ±7,360 Total Rentable SF
- 1984 Year Built | 0.26-Acre Site
- Pro Forma Cap Rate: 7.69%
- Market Rents: $1,300 | Post-Renovation Rents: $1,450
- Situated just northeast of Downtown Dallas with convenient access to major transportation corridors including I-635, President George Bush Turnpike, and SH-78
- Dallas–Fort Worth ranks among the Top 3 U.S. multifamily markets and was named the #1 real estate market to watch in 2026
- 12 Major Employers within 1-Mile | 300+ Manufacturing Companies in Garland
- DFW Trailing 12-Month Multifamily Sales Volume: $10.4B+
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
 Garland, TX▼ 9% cutStabilized | $1.5M | $83K$83K | 7.6% |
 Garland, TXNew construction | $2.2M | $122K$122K | 0% |
 Garland, TXNew | $6.6M | $367K$367K | — |
 Dallas, TXNewHigh yield | $250K | $50K$50K | 21.9%gy |
 Dallas, TX | $775K | $78K$78K | — |
 Dallas, TXHigh yieldStabilized | $450K | $90K$90K | 15.6%gy |