Financial
Distress signals
Property profile

104 South 11Th St Garland, TX 75040

FOR LEASE
Other apartment buildings
Property ID
US82-0175735
14,720 SF 0.69 ac lot Built 1983
Last sale Sep 2019
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Town Central Apartments is a 24-unit multifamily property constructed in 1983, located in downtown Garland within the Dallas–Fort Worth metroplex. The community consists of a mix of 1- and 2-bedroom units. The building comprises approximately 14,720 square feet and is situated on a 0.689-acre lot. It is positioned one block east of Garland High School and has access to S. Garland Road, providing connectivity to employment centers, retail, and public transit, with downtown Garland amenities,

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$48k
Tax billed · 2023
Assessed value$2.08M
Assessed land$240k
Assessed improvement$1.84M
Effective rate2.29%

Value estimate

· Sep 2026
$560k
$504k – $616k
AI approach$535k
Sales comparison$582k
NOI build-up
Gross scheduled income$456k
Vacancy & credit loss−$49k
Operating expenses−$183k
NOI · 43,974.85% cap applied$224k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
43,974.85%
$224k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
Z25
JurisdictionDALLAS

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency24.9
Parking Facility12.7
Computer & Electronic Repair11.2

Location

104 South 11Th St Garland, TX 75040
County assessor Recorded deeds · 6 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

12 properties nearby
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years. They are neighbours, not transactions.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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