59-Unit Apartment
3810 W Walnut St, Garland, TX 75042
For Sale
New
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Residents have access to two laundry rooms and a landscaped courtyard with outdoor gathering areas.
Property Size44,570 SF
Lot Size2.31 Acres
Days on Market2
Property Features for 3810 W Walnut St
General Information
Standard status
Size
Total Parking Spaces
Lot size
Property subtype
Occupancy
Net Operating Income
Site & Location
Neighborhood
Units
Unit Mix
Multifamily Units
Additional Details
Tenant in Place
Amenities
central courtyard
pergolas
picnic tables
grills
laundry rooms
59-unit, all-bills-paid community in northwest Garland, 1.2 miles from the Forest/Jupiter DART station, with pro forma NOI of $407,461, up from $213,237.
Lease-up upside: 16 of 59 units were vacant on the September 2026 rent roll. Bringing vacancy to 7.0% and credit loss to 1.0% is the largest lever behind NOI growth.
In-place rents below market: occupied units average $1,222 against a $1,276 average market rent, and renewals are priced to bring residents up to market.
Central courtyard with paver-and-turf hardscape, pergolas, picnic tables and grills, plus two laundry rooms and 19 covered parking spaces.
Building Details
Building Size
Year Built
Buildings
Stories
Units
Listing Agency:
Dallas Office
Listed By:
Matt Waskow · License #License(s): TX: 667376-SA
(972) 755-5175
Source:
Marcusmillichap
Added: Nov 8
Last Checked: Nov 8 at 5:41PM
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Investment Insights
Based on property information with market context.
Built in 1975, the 59-unit community occupies two two-story buildings on 2.31 acres in Garland. Its six floor plans average 755 square feet and include 26 one-bedroom and 33 two-bedroom apartments. All bills are paid, and the property has two laundry rooms and 78 parking spaces, including 19 covered spaces.
A central courtyard features paver and turf surfaces, pergolas, picnic tables, and grills. Occupancy is 72.9%.
A central courtyard features paver and turf surfaces, pergolas, picnic tables, and grills. Occupancy is 72.9%.
Key Highlights
- 59 apartments across two two‑story buildings, built in 1975
- 26 one‑bedroom and 33 two‑bedroom units across six floor plans
- Average unit size of 755 square feet; all bills paid
Property Analytics
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Lease Details
59
Residential units
Location Intelligence
Trade Area within ½ mile
1,000
Businesses Nearby
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Business Placement
Demographics for 75042, TX
39,148
Population
11,791
Households
3.3
Avg Household Size
33
Median Age
16%
College-Educated
69%
High-School Grad
7.6 sq mi
ZIP Area
5,151
Density / Sq Mi
$63,531
Median Household Income
$32,476
Median Earnings
$1,336
Median Rent
$221,300
Median Home Value
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Market
Average Price Trend$/SF for Apartment buildings in Dallas County, TX
Properties on Market for Apartment buildings in Dallas County
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Apartment building - Residents have access to two laundry rooms and a landscaped courtyard with outdoor gathering areas.
Where is this apartment building located?
The property is located at 3810 W Walnut St Garland, TX.
What are key features of this property?
This property features: 59 apartments across two two‑story buildings, built in 1975; 26 one‑bedroom and 33 two‑bedroom units across six floor plans; Average unit size of 755 square feet; all bills paid
