$637,500
●
House -
Off Market
4513 Merlin Drive
Garland, TX 75043
5 Beds
0 Bath
3,937 Ft²
$4,387
Est. Monthly
$32
HOA / Fees
4.26%
Cap Rate
About This Property
Welcome to 4513 Merlin Drive, Garland, Texas – a stunning home with
modern upgrades and timeless elegance. This 3,937 sq. ft. property
features 5 spacious bedrooms and 4 bathrooms, including a master
bath with new fixtures, a free-standing tub, game room, media room,
and modern finishes throughout. The guest bath has been tastefully
updated as well. Freshly painted interiors and recently replaced
carpet provide a bright and refreshed look. Updated light fixtures
and a gas fireplace enhance the home's charm. A private office with
one-way view doors offers a quiet workspace. The kitchen includes a
recently replaced dishwasher for added convenience. A tankless hot
water heater and water softener add efficiency. Outdoor amenities
include a new fence, a shed, a gazebo, a built-in grill, and a
covered patio for storage, relaxation, and entertaining. Situated
in a desirable Garland neighborhood near schools, shopping, and
dining, this home is move-in ready. Schedule a showing today and
make it yours! Information provided is deemed reliable, but is not
guaranteed and should be independently verified by the buyer.
Unit Size
3,937 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$165
Property Type
House
Property Taxes
$1,163
HOA Dues
$32
Year Built
2014
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 2 years ago (NTREIS #20817173)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 24, 2025 | Sold | ||
| Sold | |||
| Jan 31, 2025 | In contract | - | |
| In contract | |||
| Jan 15, 2025 | Listed by Texas Elite Realty | $650,000 | |
| Listed by Texas Elite Realty | |||
| May 12, 2022 | Sold | ||
| Sold | |||
| Mar 29, 2022 | Listed by RE/MAX DFW Associates | $575,000 | |
| Listed by RE/MAX DFW Associates | |||
| | |||
|
Gorgeous and Meticulously Maintained 5 bedroom home with a Study, Game and Media rooms. Light, bright and open plan with wood floor thru downstairs and tile in wet areas. Huge family room has a view of the peaceful yard-outdoor living and features a beautiful floor to ceiling fireplace. Gourmet kitchen boasts a gas cooktop, big island, exhaust fan that vents out, butlers pantry & bountiful pantry. Picturesque sweeping staircase leads upstairs to the cute Juliet Balcony, Generous Gameroom, Nice media Room and the 4 large, secondary bedrooms. The Lovely Backyard features a 15 x 16 extended patio with 10 x 12 Gazebo cover (conveys with home) plus an outdoor kitchen with a grill that stays. A very nice looking site built custom shed with a deck is a nice addition to the yard. Plus, the custom decorated cement edging around flower beds add to the unique beauty and tranquil feel of the awesome yard. By the way, the Study could be a 6th bedroom. This home is a 10+ and ready for new owners.
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Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Shores
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Listed by: John Martellini, Texas Elite Realty
Last Updated: 2 years ago
Data Source: NTREIS MLS, MLS# 20817173
Details provided by NTREIS and may not match the public record
Last Updated: 2 years ago
Data Source: NTREIS MLS, MLS# 20817173
Details provided by NTREIS and may not match the public record
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