Selected for the Terner Labs Housing Venture Lab

2821 Wimbledon Court, Garland, TX 75041

Active
Listed 168 days ago
Owner-Occupant Eligible
$625,000

About $934 a month to live here, after the rent from the other homes.

Quadplex4,160 sqft2 beds2 bathsListed May 28, 2026

A fourplex. Live in one home and rent out the other three. How it works

Live here for about

$934a month

The other homes rent for $4,824. We hold back $868 of that for repairs and an empty month, and the rest goes toward a $4,890 monthly payment.

Income to qualify: about $93,000 a year

With how much down?

At 20% down ($125,000) and 6.0%, 30-year fixed. Your rate and down payment change this.

Get rich slow: keep this loan ten years and the payments pay off about $82,000 of it. See the ten-year math

See which homes fit your numbers
How we work this out

The cost to live here is the loan payment, taxes, insurance and any dues, less the rent, with a little held back for repairs and an empty month. Income to qualify uses a 43% debt-to-income limit, counts 75% of the rent, and none of your other debts.

$31,250 minimum down payment. The cost above is at 20% down, and at the minimum it is higher. Set your own

ABOUT THIS HOME

Investor’s dream opportunity in the heart of Garland, Texas! This well-maintained quadplex features four spacious 2-bedroom, 2-bath units, each offering approximately 1,040 square feet of comfortable living space. Located in a desirable area with strong rental demand, the property offers immediate cash flow potential with high occupancy and proven rental performance. What truly sets this property apart is the significant capital improvements already completed by ownership. Major systems have been proactively addressed, including updated HVAC systems in 6 of the 8 units across both neighboring quadplexes, completed foundation work, and updated plumbing, helping reduce future maintenance expenses and providing peace of mind for investors. Individual utility meters allow tenants to pay their own utilities, further maximizing owner efficiency and returns. This property may also be purchased alongside the neighboring quadplex, creating a rare opportunity to acquire eight total income-producing units side by side. Whether you’re expanding an existing portfolio or entering the multifamily market, this is an exceptional opportunity to own a stabilized asset with major mechanical and structural improvements already in place, strong rental demand, and long-term upside potential.

Quadplex

Property Type

14,026 sqft

Lot Size

1984

Year Built

Listing Date: 05/28/2026

Listed by: Rachel Knight

Listing office: Seek Real Estate

Source: NTREIS #21274690

Series Homes is committed to full compliance with the Fair Housing Act and the Equal Credit Opportunity Act.

CHOOSE YOUR UNIT

Tap the one you would live in. The rest pay rent, and that rent comes off your monthly cost.

If someone lives in the unit you want, or a lease comes with the home, ask how moving in works on this one.

CHECK OUR MATHEvery line of the monthly cost is in here. Change the price or the down payment and watch it move.

OFFER PRICE

Change your offer and watch the monthly cost move.

Purchase Price

-15%
$625,000

List Price

+15%

FINANCIALS

How much do you want to put down?

Purchase price$625,000
Your Down Payment$125,000
Financed$500,000
Estimated Monthly Payment$4,890

Before rent: principal and interest at 6.0% on a 30-year fixed loan, taxes, insurance and any HOA dues. Your rate and down payment change this.

MONTHLY BREAKDOWN

Estimate at 20% down ($125,000) and 6.0%, 30-year fixed. Your rate and down payment change this.

Estimated Monthly Payment (Before Rental Income)
$4,890/month
Principal + Interest
$2,998
Property Taxes
$1,068
Home Insurance
$824
Rental Income (3 Units)
$4,824/month

From the listing description.

Rental Expenses
-$868
Cost to live here
$934/month

Payment estimates shown by Series are illustrative only. Final loan terms, monthly payments, and eligibility will be determined by your mortgage loan originator.

BEFORE YOU OFFER

Now run it on your paycheck.

This page is priced at one down payment and one rate. Send the address and we run it at yours: what you would pay each month after rent, and which loan works on this home.

Free. No credit pull.

NTREIS logo

MLS# 21274690 · Listing office: Seek Real Estate

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the NTREIS Multiple Listing Service. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.