3202 Wexford DrGarland, TX 75043

For Sale
$2,200,000

Luxury Townhomes, High ROI Potential

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional investment opportunity presents a portfolio of three newly constructed, six-unit townhome buildings totaling eighteen units, situated on a spacious 5.04-acre lot in Garland, Texas. Each building offers a mix of three unit types: two units of 1743 square feet (Unit A), two units of 1600 square feet (Unit B), and two units of 1594 square feet (Unit C), providing diverse rental options. The buildings boast a total of 9,874 square feet and are priced at $2,200,000 per building. Constructed in 2022, these Class B properties are located in a Qualified Census Tract (QCT), offering potential tax advantages. The prime location is just 1.5 miles from Lake Ray Hubbard and 7 miles from the Dallas Arboretum, providing residents with convenient access to recreational amenities and cultural attractions. The property's address is 3202 Wexford Drive, Garland, TX 75043, with the APN 26C68000000003202. This is a rare chance to acquire a substantial multifamily investment in a desirable location with strong rental demand. The price per square foot is $222.81. Individual building purchases are possible.

Highlights

  • 18-unit townhome portfolio on a 5.04-acre lot in Garland, TX.
  • Three newly constructed buildings (2022), each with six units.
  • Unit sizes: 1743 sq ft (2 units/building), 1600 sq ft (2 units/building), 1594 sq ft (2 units/building).
  • Total building area: 9,874 sq ft; $2,200,000 per building ($222.81/sq ft).
  • Located in a Qualified Census Tract (QCT), near Lake Ray Hubbard and the Dallas Arboretum.
  • Address: 3202 Wexford Drive, Garland, TX 75043; APN 26C68000000003202.

Property Details for 3202 Wexford Dr

Property type
Multifamily properties, Apartment buildings
Square Feet
9,874 SF
Class
B
Year Built
2022
Lot Size (sq. ft)
219,542 SF
Units
18

Location Insight

City
Garland
County
Dallas
State
Texas
Latitude
32.8797052
Longitude
-96.6165641
3202 Wexford Dr, Garland, Texas

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3202 Wexford Dr
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