Selected for the Terner Labs Housing Venture Lab

2725 Patricia Lane, Garland, TX 75041

Active
Listed 127 days ago
Owner-Occupant Eligible
$615,000

About $1,195 a month to live here, after the rent from the other homes.

Quadplex3,564 sqft8 beds4 bathsListed Jul 8, 2026

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

Live here for about

$1,195a month

The other homes rent for $4,281. We hold back $771 of that for repairs and an empty month, and the rest goes toward a $4,705 monthly payment.

Income to qualify: about $93,000 a year

With how much down?

At 20% down ($123,000) 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 $80,000 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.

$30,750 minimum down payment. The cost above is at 20% down, and at the minimum it is higher. Set your own

ABOUT THIS HOME

This well-positioned quadplex offers investors the opportunity to acquire a four-unit multifamily property in an established Dallas County location. The property consists of four 2bedroom 1bath units, providing an efficient and highly functional unit mix for an income producing investment.Each residence features a practical floor plan with comfortable living spaces. The property also offers off street rear parking and convenient access to major thoroughfares, Downtown Garland, shopping, dining, public transportation, parks, and employment centers throughout Garland and East Dallas. For the next owner, this property presents an opportunity to evaluate current rents versus market potential, operating performance, and future value add opportunities. Whether you're expanding an established portfolio or looking for a manageable multifamily investment in the DFW market, 2725 Patricia Lane offers four separate income streams and the potential to strengthen performance over time. Whether you are expanding an existing portfolio or looking for a manageable four-unit asset in the DFW market, this property offers the fundamentals investors look for: multiple income streams, efficient unit mix, established rental demand, and a central Garland location. Buyer and buyer’s agent to verify all property details, leases, expenses, rent roll, schools, measurements, and condition.

Quadplex

Property Type

10,237 sqft

Lot Size

1981

Year Built

Listing Date: 07/08/2026

Listed by: Lucia Rushton

Listing office: eXp Realty LLC

Source: NTREIS #21323869

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%
$615,000

List Price

+15%

FINANCIALS

How much do you want to put down?

Purchase price$615,000
Your Down Payment$123,000
Financed$492,000
Estimated Monthly Payment$4,705

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 ($123,000) and 6.0%, 30-year fixed. Your rate and down payment change this.

Estimated Monthly Payment (Before Rental Income)
$4,705/month
Principal + Interest
$2,950
Property Taxes
$1,049
Home Insurance
$706
Rental Income (3 Units)
$4,281/month

From the listing description.

Rental Expenses
-$771
Cost to live here
$1,195/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# 21323869 · Listing office: eXp Realty LLC

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.