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24-Unit Apartment Building
For Lease
$509/Mo

104 South 11th Street, Garland, TX 75040

Multifamily community with one- and two-bedroom layouts, recent capital improvements, and established occupancy.

Space SizeContact for details
Days on Market1137

Property Features for 104 South 11th Street

General Information

Standard status Active
Property subtype Residential Lease / Apartment
Occupancy 90%
Lease Term Lease Length: 12 Months

Additional Details

Multifamily Units 24

Amenities

Other
1
2
No
Apartment

Building Details

Year Built 1983
Listing Agency: Lakeshore Real Estate
Listed By: Angel Flores · License #0669899
Source: Compass
Added: Jul 25, 2023 Changed: Sep 2 Last Checked: Sep 2 at 12:05AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lakeshore Real Estate

Investment Insights

Based on property information with market context.

Town Central Apartments is a 24-unit multifamily community at 104 South 11th Street in Garland, Texas. Built in 1983, the 14,720-square-foot property includes a mix of one- and two-bedroom residences. Interior features include carpet, ceramic tile, vinyl flooring, dishwashers, disposals, electric ovens, electric ranges, and cable and high-speed internet availability. Electric heating and wall/window air-conditioning units serve the apartments.

Recent work includes a new shingle roof, exterior carpentry, and rehabilitation of several units. Current management maintains 90% occupancy. The property is one block east of Garland High School, with access to S. Garland Road and public transit. Downtown Garland dining, entertainment, and other amenities are within walking distance. An assumable Freddie Mac loan is available to qualified buyers.

Key Highlights

  • 24‑unit apartment property totaling 14,720 square feet
  • One- and two‑bedroom unit mix
  • Built in 1983

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Computer & Electronic Repair Skin Care Clinic Acupuncture (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

24
Residential units
90%
Occupancy
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,187
Businesses Nearby

Demographics for 75040, TX

64,035
Population
21,629
Households
3
Avg Household Size
36
Median Age
23%
College-Educated
77%
High-School Grad
15.7 sq mi
ZIP Area
4,079
Density / Sq Mi
$73,537
Median Household Income
$39,019
Median Earnings
$1,670
Median Rent
$245,400
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Multifamily community with one- and two-bedroom layouts, recent capital improvements, and established occupancy.
Where is this apartment building located?
The property is located at 104 South 11th Street Garland, TX.
What is the lease rate?
The lease rate is $509/Mo.
What are key features of this property?
This property features: 24‑unit apartment property totaling 14,720 square feet; One- and two‑bedroom unit mix; Built in 1983
More about this property
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