GARLAND, TX 75043

FULL REHAB - RENTAL - FIRST TIME HOME OWNER -DOWNSIZE

LOTS OF BEFORE AND AFTER PICS LOADED

Investment opportunity: Turn-key townhouse in high-demand Garland location4907 Rollingwood Ct, Garland, TX 75043Unlock the potential of this 3-bedroom, 2-bathroom, 1,235-square-foot townhouse, perfectly positioned in a stable and growing area of Garland, TX. With a strong track record of appreciation and consistent rental demand, this property offers a solid investment for both seasoned and new investors looking for reliable cash flow and long-term value.Key investment highlights

• Positive market momentum: Garland is experiencing moderate but steady real estate appreciation, with home values up year-over-year. The median sales price for homes in Garland is trending upward, suggesting strong capital growth potential for this property.
• Strong rental demand: Located in the high-demand 75043 zip code, this area benefits from a robust rental market with competitive rates. A modest renovation offers significant upside, allowing for a substantial increase in rental income and a strong cash flow position.
• Low maintenance for landlords: As a townhouse, the property requires minimal exterior upkeep compared to single-family homes, with the HOA covering common area maintenance. This translates to fewer operational headaches and expenses for the owner, making it an ideal passive investment.
• High-demand features: The property includes several highly desirable features for renters, such as a wood-burning brick fireplace, vaulted living room ceilings with exposed beams, and a community pool for residents. The two-car covered carport with storage also provides a significant competitive advantage in the rental market.

Property details for analysisProperty information

• Type: Townhouse
• Year built: 1973
• Square footage: 1,235 sq ft
• Bedrooms: 3
• Bathrooms: 2
• Lot size: 3,789 sq ft
• Stories: 1

Location advantages

• Mature, green surroundings: The townhouse is nestled in a mature neighborhood with a private, park-like setting featuring large trees and green space. This desirable ambiance appeals to quality long-term tenants.
• Community amenities: Residents have access to a community pool, a valuable draw that can increase rental demand and allow for premium pricing.
• Adjacent to a greenbelt: The property backs up to a greenbelt, providing added privacy and a scenic view, which is a key selling point for tenants.
• Highly rated schools: Located in the Garland Independent School District, the property is close to well-regarded schools such as the Classical Center at Vial Elementary, attracting families seeking quality education.
• Convenient access: Situated in a residential pocket with convenient access to major thoroughfares, the property provides residents with easy commutes and access to local amenities.

Financial snapshot and potentialIncome potential:

• Rental income: Current market trends and a conservative renovation estimate suggest strong potential for increased rental revenue.
• Capital appreciation: A combination of a stable, appreciating market and strategic updates offers a strong opportunity for significant long-term capital growth.

Expense analysis:

• HOA fees: The mandatory $460 monthly HOA fee covers essential services, including management, reserves, front yard maintenance, and common area upkeep, reducing unpredictable expenses.
• Property taxes: Recent tax assessment data is available and should be factored into cash flow projections.
• Insurance: Investors should budget for standard homeowners insurance; the property is located in Dallas County, where natural disaster risk should be evaluated.

Ideal investment strategy:

• Buy-and-hold: Acquire and perform strategic updates to maximize long-term rental income and benefit from steady market appreciation.

This townhouse provides a clear, financially sound opportunity in a desirable Garland submarket. The blend of a solid location, desirable features, and a low-maintenance profile makes it a compelling acquisition for any serious real estate investor.