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Two Quadplex Income Property

2813 & 2821 Wimbledon Court Garland, TX 75041

Claim this Listing
For Sale
Under Contract
$1,350,000

MULTI_FAMILY - Garland, TX

Property size:
4,160 SF
Lot size:
0.32 Acres
Price / SF:
$324.52/SF
Added:
Jun 30, 2026
Days on Market:
15
Last Refresh:
Jul 14 at 4:06 am

Property Features for 2813 & 2821 Wimbledon Court

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
16
Bathrooms
16
Rooms
Bedroom 9, Bedroom 8, Bathroom 4, Bathroom 2, Bathroom 14, Bathroom 7, Bedroom 4, Bedroom 14, Bedroom 3, Bathroom 6, Bathroom 13, Bathroom 10, Bathroom 16, Bedroom 7, Bedroom 16, Bathroom 9, Bedroom 2, Bedroom 5, Bedroom 13, Bedroom 15, Bedroom 1, Bedroom 11, Bedroom 12, Bathroom 5, Bathroom 11, Bathroom 1, Bedroom 10, Bedroom 6, Bathroom 3, Bathroom 8, Bathroom 12, Bathroom 15
Parking
3
Parking features
Parking Lot
Patio and Porch features
Porch, Patio
Interior features
BuiltInFeatures, DecorativeDesignerLightingFixtures, DoubleVanity, OpenFloorplan, Pantry, CableTv
Exterior features
PrivateYard
Fencing
Fenced
Fireplace
1
Appliances
ConvectionOven, Dishwasher, ElectricRange, GasWaterHeater, Refrigerator
Standard status
Active Under Contract
APN
26173610020060000
Size
4,160 SF
Lot size
0.32 Acres

Taxes and HOA fees

Tax Description
ENGLISH ESTS 6/WIMBLEDON GARDENS BLK 2 LOT 6 & 8

Utilities

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

Building Details

Year built
1984
Floors in Building
2
Number of units
8
Flooring type
Vinyl, Tile, Carpet
Building materials
Brick
Roof type
Composition

Listing agent Rachel Knight License #0805533

Listing office Seek Real Estate Arlington, TX

Listing date Jun 30, 2026

MLS# 21274510 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 listing consists of two quadplex buildings totaling eight residential units, with each unit laid out as 2-bedroom, 2-bath living space. The property is described as well maintained, and it has individual utility meters so tenants pay their own utilities. Ownership has also completed major capital improvements, including updated HVAC systems in 6 of the 8 units, foundation work, and updated plumbing intended to address key building systems.

The buildings are located at 2813 & 2821 Wimbledon Court in Garland, Texas, in Dallas County (75041). The configuration presented here supports a side-by-side ownership approach for buyers seeking a larger multifamily asset in a single offering.

For investors and buyers focused on income property ownership, this asset provides eight units of the same 2-bedroom, 2-bath product type, along with documented improvements to mechanical and building components. The individual metering feature is also practical for day-to-day operations by separating tenant utility responsibility. The current offering may align with buyers looking to expand an existing portfolio or enter the multifamily market with an asset that already has notable HVAC, foundation, and plumbing work completed.

Key Highlights

  • Four 2‑bedroom, 2‑bath units in a quadplex, each with approximately 1,040 SF of living space
  • Built in 1984 with brick construction and a composition roof
  • Central heating and central air with electric cooling; ceiling fans included

Local Financial Insights For Multifamily LT 5

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 $116.3k $27.96
− Vacancy −$11.8k −$2.84
EGI $104.5k $25.12
− OpEx −$31.3k −$7.54
NOI $73.1k $17.58
4,160 SF · lease $27.96/SF/yr · vacancy 10.16% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$1.04M
$914.3K – $1.22M (±1% cap)
NOI $73,147 @ 7.0% cap · market cap 5.42%
Second Best
Apartment 5plus
$903.7K
$790.7K – $1.05M (±1% cap)
NOI $63,257 @ 7.0% cap · market cap 4.69%
Theoretical Best
Office A
$4.99M
$4.37M – $5.82M (±1% cap)
NOI $349,416 @ 7.0% cap · market cap 25.88%
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 Electrical Service Dental Office (Bike/Boat/Book/etc) Store Acupuncture Butcher Cosmetic Store Law Firm

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

FAQs

What type of property is this?
Quadplex - Two well-maintained quadplexes offering eight 2-bedroom, 2-bath units with individual utility metering and prior HVAC, plumbing, and foundation work.
Where is this quadplex located?
The property is located at 2813 & 2821 Wimbledon Court 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: Four 2‑bedroom, 2‑bath units in a quadplex, each with approximately 1,040 SF of living space; Built in 1984 with brick construction and a composition roof; Central heating and central air with electric cooling; ceiling fans included
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