305 Rita Dr

Garland, TX 75042
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Sold
Sold
$325,001 - $370,000
Sold on May 10, 2024
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5 Bedroom(s)
3 Full & 1 Half Bath(s)
0.25 Lot Acres
Multi-Family - Duplex

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
$337K
AVM Value
$339K
AVM Value
$355K
AVM Value
$254K
Value Range
$283K - $391K
Value Range
$317K - $361K
Value Range
$327K - $384K
Value Range
$ 253,950
Confidence Score
84%

Margin of Error*: 16%
Confidence Score
94%

Margin of Error*: 6%
Confidence Score
NA
Confidence Score
NA
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.
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Description

In this charming rare full DUPLEX, in Garland,TX just 25 minutes NE of Dallas Metro area. Currently at a 9.4% gross cap rate,6.6% net cap rate with room to grow! 100% occupied and value add! Your tenants will have the option of choosing between two beautiful units. Unit 307 boasts a cozy 950 sq ft 2-bedroom, 1.5-bathroom layout, perfect for those seeking a comfortable and inviting space to call home. Meanwhile, Unit 305 offers a spacious 1231 sq ft. 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-20601895
Sold Price Range
$325,001 - $370,000
Listing Status
Sold
Address
305 Rita Dr
City
State
TX
Zip Code
County
Subdivision
College Manor
Legal Description
COLLEGE MANORS BLK 1 LT 2
Property Type
Multi-Family - Duplex
Bedroom
5 Bedroom(s)
Bath
3 Full & 1 Half Bath(s)
Stories
1
Year Built
1966 / Appraisal District
Lot Size
0.25 Lot Acres./Appraisal District

Exterior

Roof
Composition
Foundation
Slab
Private Pool
No
Exterior Type
Brick, Siding, Wood
Lot Description
Few Trees, Interior Lot
Parking
Attached Carport
Parking Space
Garage 0 / Carport 2 / Total Covered 2
Fencing
Chain Link
Porch
Covered
Utility
Cable Available, City Sewer, City Water

Interior

Floors
Ceramic Tile
Cooling
Central Air, Electric
Heating
Central, Electric
Window
Window Coverings
Appliances
Dishwasher, Disposal, Electric Oven, Electric Range, Refrigerator
Security System
Smoke Detector(s)
Interior
Cable TV Available, Decorative Lighting, High Speed Internet Available, Kitchen Island, Pantry, Walk-In Closet(s)

Lot information

Lot Size
0.25 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

DOWN PAYMENT
Loan Term
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Full Page
Presented by TimeValue Software ©2021
Principal & InterestTaxes30.4%69.6%
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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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.

Assigned schools

Nearby schools view nearby schools

Noise factors

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Source

North Texas Real Estate Information Systems, Inc.
Source last updated May 21, 2024 at 05:58 PM
Listing last updated May 10, 2024 at 03:07 PM
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305 Rita Dr, Garland, TX 75042. View photos, map, tax, nearby homes for sale, home values, school info...

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