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    Single-Family Home Portfolio Package Title is generated by Realmo AI

    1809 Crockett Street, Garland, TX 75042

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    For Sale
    $1,350,000

    MULTI_FAMILY - Garland, TX

    Property size:
    2,022 SF
    Lot size:
    0.18 Acres
    Price / SF:
    $667/SF
    Added:
    Mar 11, 2026
    Days on Market:
    87
    Last Refresh:
    Jun 5 at 10:06 pm

    Property Features for 1809 Crockett Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    12
    Bathrooms
    8
    Rooms
    Bedroom 11, Bathroom 1, Bedroom 12, Bathroom 8, Bathroom 3, Bedroom 4, Bathroom 4, Bedroom 3, Bathroom 6, Bathroom 2, Bedroom 6, Bathroom 7, Bedroom 8, Bedroom 10, Bedroom 7, Bedroom 2, Bedroom 1, Bedroom 9, Bathroom 5, Bedroom 5
    Parking
    2
    Parking features
    Open, Driveway, On Street, Garage
    Security features
    Security
    Interior features
    BuiltInFeatures, DecorativeDesignerLightingFixtures, EatInKitchen, HighSpeedInternet, OpenFloorplan, CableTv, WalkInClosets
    Exterior features
    Lighting, PrivateYard
    Fencing
    Fenced
    Fireplace
    1
    Appliances
    Dishwasher, ElectricRange, Disposal, GasRange
    Standard status
    Active
    APN
    26246500100090000
    Size
    2,022 SF
    Lot size
    0.18 Acres

    Taxes and HOA fees

    Tax Description
    GOLDEN MEADOWS 4 BLK 10 LT 9
    Tax Annual Amount
    6457

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Electric (Heating), Central, Natural Gas
    Cooling system
    Ceiling Fan(s), Central Air, Window Unit(s), Electric
    Water source
    Public

    Building Details

    Year built
    1974
    Floors in Building
    1
    Number of units
    4
    Flooring type
    Tile, Hardwood, Simulatedwood, Carpet
    Building materials
    Brick, WoodSiding
    Roof type
    Composition, Shingle

    We can help!

    Listing Contact
    Nicole Thomas
    Nicole Thomas

    Listing agent Nicole Thomas License #0613174

    Listing office Compass RE Texas, LLC Dallas, TX

    Listing date Mar 11, 2026

    MLS# 21201261 Listing URL

    Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Sold as a package of 4 single‑family homes in Garland, including 1421 Meadowcrest, 1809 Meadowcrest, 1317 Bandera Ln, and 1809 Crockett St.
    • Reported rent range across the homes is $1,950 to $2,500.
    • Home built in 1974 with brick and wood siding exterior and a composition/shingle roof.
    • Features include a fireplace, fenced yard, and private yard space.
    • Interior highlights: eat‑in kitchen, open floorplan, built‑in features, walk‑in closets, and high‑speed internet.
    • Utilities and comfort: public water and public sewer; central heating (natural gas and electric) and central air with additional window/electric cooling.

    Overview

    This offering is a package of four single-family homes being sold together as an investment portfolio. The homes are tenant occupied and are presented as-is, giving buyers flexibility to maintain current operations or pursue value-add opportunities over time. With multiple units in close proximity to each other, the package format can support a streamlined approach to managing residential income properties as part of an existing portfolio or as a growth entry point.

    All four homes are located in Garland, Texas, within Dallas County. The primary address for this listing is 1809 Crockett Street, Garland, TX 75042, and the package also includes the additional properties identified in the remarks: 1421 Meadowcrest, 1809 Meadowcrest, 1317 Bandera Ln, and 1809 Crockett St. Current rent is stated to range from $1,950 to $2,500 across the portfolio, reflecting established income from day one.

    For investors seeking occupied units with potential upside, this package is well suited as a turnkey addition to a residential rental strategy. Since the homes are already generating rent and the sale is structured as a bundled acquisition, it may appeal to buyers focused on immediate income while considering future improvements. Prospective buyers should plan for an as-is purchase and evaluate each home’s condition as part of underwriting the overall portfolio value.
    Property Profile Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Garland
    County
    Dallas
    State
    Texas
    Longitude
    -96.6549214
    Latitude
    32.9269888

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    FAQs

    What type of property is this?
    Single family property - Package of four tenant-occupied homes sold as-is, offering immediate rental income potential in Garland, TX.
    Where is this single family property located?
    The property is located at 1809 Crockett Street Garland, TX.
    What is the asking price?
    The asking price for this property is $1,350,000.
    What are key features of this property?
    This property features: Sold as a package of 4 single‑family homes in Garland, including 1421 Meadowcrest, 1809 Meadowcrest, 1317 Bandera Ln, and 1809 Crockett St.; Reported rent range across the homes is $1,950 to $2,500.; Home built in 1974 with brick and wood siding exterior and a composition/shingle roof.
    (214) 814-8100
    We can help!
    Listing Contact
    Nicole Thomas
    Nicole Thomas
    Real Estate License ID: 0613174
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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