Local realty services provided by:ERA Newlin & Company
Listed by: angel flores817-946-1458
Office: lakeshore real estate
MLS#:21154218
Source:GDAR
Price summary
- Price:$2,475,000
- Price per sq. ft.:$168.14
About this home
Town Central Apartments is a 24-unit multifamily property located in the downtown Garland area of the Dallas–Fort Worth metroplex. Constructed in 1983, the community offers a 1 and 2 bedroom unit mix. The value add opportunity for future owners exists through interior enhancements.
The property is situated one block east of Garland High School with convenient access to S. Garland Road, providing strong visibility and connectivity to major employment centers, retail, and public transit. Walking distance to downtown Garland amenities, dining, and entertainment. Freddy Mac assumable loan available for qualified buyers.
Recent ownership has completed multiple capital improvements such as a new roof, exterior carpentry and rehabbed a handful of units that prove the pro forma market rent. Current property management is able to maintain 90% occupancy to help buyer secure financing. The asset presents a stable asset with value add potential.
Town Central Apartments is well positioned within a supply-constrained submarket and benefits from established residential demand. Property tours are available by appointment. Buyer to independently verify all information, including unit count, square footage, condition, and zoning.
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Home facts
- Year built:1983
- Listing ID #:21154218
- Added:14 day(s) ago
- Updated:February 03, 2026 at 12:51 PM
Rooms and interior
- Living area:14,720 sq. ft.
Heating and cooling
- Cooling:Electric, Wall Window Units
- Heating:Electric
Structure and exterior
- Year built:1983
- Building area:14,720 sq. ft.
- Lot area:0.69 Acres
Schools
- High school:Choice Of School
- Middle school:Choice Of School
- Elementary school:Choice Of School
Finances and disclosures
- Price:$2,475,000
- Price per sq. ft.:$168.14
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