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Leased Fourplex with Private Entries

2709 Wimbledon Court Garland, TX 75041

2709 Wimbledon Court, Garland, TX, 75041
$699,000
For Sale
$699,000

MULTI_FAMILY - Garland, TX

Property Size4,160 SF
Lot Size0.22 Acres
Price / SF$168.03
Days on Market33

Property Features for 2709 Wimbledon Court

General Information

Property type
Residential Multi Family
Property subtype
Quadruplex
Bedrooms
4
Bathrooms
8
Rooms
Bedroom 3, Bedroom 1, Bathroom 3, Bedroom 4, Bathroom 6, Bathroom 7, Bathroom 8, Bathroom 2, Bathroom 1, Bathroom 5, Bathroom 4, Bedroom 2
Parking
2
Parking features
Alley
Interior features
GraniteCounters, OpenFloorplan
Fireplace
1
Appliances
Dishwasher, ElectricRange, ElectricWaterHeater
Standard status
Active
APN
26173610020030000
Size
4,160 SF
Lot size
0.22 Acres

Utilities

Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public

Building Details

Year built
1984
Floors in Building
2
Number of units
4
Flooring type
Engineered, Carpet
Building materials
Brick
Roof type
Composition
Listing Agency Jacqueline Green
Dallas, TX
Listed by Jacqui Green · License #0408050
Added: Jun 16 Checked: Jul 18 at 10:06 am
MLS# 21287870 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.


Investment Insights

Based on property information with market context.

This fourplex offers four separate units in a single property, built in 1984. Each unit is configured with two bedrooms and 1.5 bathrooms, with an open layout and private entry. Washer-dryer connections are available in each unit, supporting day-to-day convenience for tenants.

The property is located at 2709 Wimbledon Court in Garland, Texas, within the English Estates–Wimbledon Gardens subdivision. It is served by Garland ISD and is described as providing convenient access to major employers, retail, and recreation.

The asset is currently 100% leased, making it straightforward for investors seeking an occupied, turn-key residential income property. Rent increases are scheduled for Unit B effective Aug. 1 and for Unit C effective Dec. 2026, and the current unit mix provides consistent 2-bedroom/1.5-bath layouts across all four units. For owner-occupants, the quadplex format also supports a house-hack approach while maintaining separate units.

Key Highlights

  • 100% leased 4‑plex at 2709 Wimblehas with four 2‑bed, 1.5‑bath units
  • 1,040 sq. ft. per unit for a total of 4,160 sq. ft. under one roof
  • Year built 1984 brick construction with central heating and central air

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $128.8k $30.96
− Vacancy −$13.8k −$3.31
EGI $115.0k $27.65
− OpEx −$51.8k −$12.44
NOI $63.3k $15.21
4,160 SF · lease $30.96/SF/yr · vacancy 10.70% · expense 45.00%

Alternative Uses

Best Use
Multifamily LT 5
$1.04M
$914.3K – $1.22M (±1% cap)
NOI $73,147 @ 7.0% cap · market cap 10.46%
Second Best
Apartment 5plus
$903.7K
$790.7K – $1.05M (±1% cap)
NOI $63,257 @ 7.0% cap · market cap 9.05%
Theoretical Best
Office A
$4.99M
$4.37M – $5.82M (±1% cap)
NOI $349,416 @ 7.0% cap · market cap 49.99%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Real Estate Agency Parking Lot & Garage Daycare Center Dental Office (Bike/Boat/Book/etc) Store Acupuncture Butcher Electrical Service Cosmetic Store Law Firm

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

FAQs

What type of property is this?
Quadplex - 100% leased fourplex with four 2-bedroom units and in-unit washer-dryer connections.
Where is this quadplex located?
The property is located at 2709 Wimbledon Court Garland, TX.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: 100% leased 4‑plex at 2709 Wimblehas with four 2‑bed, 1.5‑bath units; 1,040 sq. ft. per unit for a total of 4,160 sq. ft. under one roof; Year built 1984 brick construction with central heating and central air
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