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$895,000

600 W Avenue F, Garland, TX, 75040

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths1 Bath
Baths846 Sq Ft
Year BuiltBuilt in 1947

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size6,875 sqft

Building Information

Year Built1947
Stories1
Roof Type105
Garage Spaces1

Land Information

APN26165500290030000
Lot Number3
SubdivisionEmbree
Land UseResidential
Legal DescriptionEMBREE BLK 29 PT LT 3 55 FT VOL2002183/2728 DD12181996 CO-DC 1655002900300 1CG16550029
Census Tract018700
Assessed Land Value$68,750
Assessed Improvement Value$117,580
Assessment Year2025

About this property

THE VILLAS AT 600 WEST – 51-UNIT MULTIFAMILY DEVELOPMENT OPPORTUNITY Rare opportunity to acquire a fully entitled, shovel-ready 51-unit multifamily development in the heart of Downtown Garland. The thoughtfully designed project includes five two-story residential buildings, an amenity center, and 22 attached garages, offering an attractive mix of modern rental housing and convenient amenities. Zoning is in place, and construction plans are nearing completion, providing a streamlined opportunity for a developer or investor to move forward. Ideally located within walking distance of Downtown Garland’s restaurants, retail, parks, and entertainment, the project benefits from the area’s ongoing revitalization and investment. The Villas at 600 West offers an exceptional opportunity to develop a boutique multifamily community in a growing and increasingly walkable urban environment. Buyer and buyer’s agent to independently verify all zoning, entitlements, plans, permits, dimensions, and development information.

Investor Tools

$0Estimated Mortgage Balance
$200,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,370 /month
Positive
Cash Flow Estimate:
$1,790 /month

Interested in this property?

Lalit Thakkar

Fathom Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$455/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,462
$186,330
2025
$68,750
$117,580
$186,330
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,462
$186,330

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$200,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
N/A
+$1,565/mo
9.4%

City: Garland

600 W Avenue F | Property Details | No Agent List