Available DFW · FOURPLEX

4818-4824 Gatewood Rd Reveal Address

Garland, TX 75043

$898,596

8 bd · 5 ba · 4,333 sqft · Built 1982

Notes

Occupied fourplex in Garland. 1982 construction, 4,039 sq ft, current combined rent $5,435/mo.

4818-4824 Gatewood Rd, Garland, TX 75043

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Annual, at default assumptions.

Property Tax $22,651

Insurance $4,493

HOA $0

Property Management $5,218

Vacancy Reserve $3,261

Maintenance + CapEx $5,218

Total Operating Expenses

$40,840

Annual NOI

$24,380

Cash Flowing Day One

Occupied with a paying tenant. Rent hits your account month one.
Lease already in place. No tenant search, no leasing fee, no vacancy month.
Professionally managed end-to-end. We stay on post-close so you don't have to.
Full tax and rent history available on request. Underwrite on real numbers, not pro-forma.

Fair-Market Snapshot

5% Below Market

Asking

$898,596

Consensus Value

$945,890

Consensus of county tax valuation, Zillow Zestimate, HomeCanvasser AVM, and broker BPO. Not an appraisal.

Model your return

How the metrics work

Gross Yield: Annual rent ÷ asking price. Pre-expense, pre-debt. Best for scanning income across properties.
Cap Rate: NOI ÷ asking price. Same idea as Yield, but after operating expenses (tax, insurance, HOA, 8% management, 5% vacancy, 5% maintenance). Doesn't include financing.
Monthly Cash Flow (CF/mo): What hits your account after operating expenses and mortgage. Depends on down payment and interest rate — use the sliders.
Cash-on-Cash (CoC): Annual cash flow ÷ cash required at close. Your return on the money you actually put down. Also moves with the sliders.