www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
33925698
33925699

4328 Duck Creek Drive, Garland, TX 75043

Marcus & Millichap - Dallas
Marcus & Millichap - Dallas
Marcus & Millichap - Dallas
KT
TX 807942
Marcus & Millichap - Dallas
Listed by Marcus & Millichap - Dallas
Unpriced
6 days on market
Updated 6 days ago
Opportunity zone

Serena Vista

Details
APN 26180460020230000
Property Type Multifamily
Sub Type Apartment Building
Square Footage 114,235
Net Rentable (SqFt) 114,233
Units 130
NOI $1,288,853
Occupancy 99%
Tenancy Multi
Year Built 1986
Buildings 12
Stories 2
Acreage 7.190
Zoning Garden
Parking Spaces 95 spaces
Parking per 1,000 SqFt 0.83
Investment Type Value Add

$2.26M CapEx Completed | $43K Internet Upside | 90 Units to Renovate

Marketing description

Marcus & Millichap is pleased to present the exclusive listing of Serena Vista, a 130-unit apartment community located in Garland, Texas. The property offers multiple avenues for value creation, including continuation of a successful interior renovation program across 90 remaining classic units, where upgraded residences currently achieve approximately $100 monthly rent premiums. Additional upside exists through implementation of a bulk cable and internet program projected to generate more than $43,000 in annual net income, as well as the introduction of covered reserved parking to capitalize on demonstrated resident demand. Ownership has already invested approximately $2.26 million in property-wide improvements, including extensive interior and exterior upgrades and a complete rebranding effort, significantly reducing execution risk and near-term capital requirements. Serena Vista also benefits from a desirable unit mix with 64% two- and three-bedroom floor plans and a highly accessible location near Lake Ray Hubbard, Duck Creek Trail, major employers, and key transportation corridors throughout the Dallas-Fort Worth Metroplex.

Investment highlights

Desirable Unit Mix with Broad Market Appeal

64% two- and three-bedroom floor plans support strong demand and resident retention

Introduce Covered Reserved Parking

High-demand amenity with attractive return potential and meaningful ancillary income upside

Bulk Cable & Internet Program Opportunity

Potential to generate more than $43K in annual net income through a technology package

Continue Interior Renovation Program

90 remaining classic units offer significant revenue growth potential through proven upgrades

Extensive Capital Improvements Completed

$2.26 million invested in property-wide enhancements and community rebranding

Exceptional Garland Location with Strong Connectivity

Convenient access to major employment centers, recreation, and regional transportation corridors

Listing Contacts

Marcus & Millichap - Dallas
Marcus & Millichap - Dallas
Marcus & Millichap - Dallas
KT
TX 807942
Marcus & Millichap - Dallas
Listed by Marcus & Millichap - Dallas

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$--
Annual Debt Service
$--
$--
Annual Cash Flow
$1,288,853.00
$107,404.42/mo

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Map

Zoning

Intelligence Badge
PD/MF-1 PlannedPlanned Development And Multifamily
View municipality zoning documents
Upgrade to see the zone description and what's allowed on this property
Upgrade to search and view land use codes
View all 214 uses
View all 214 uses
Last updated Jun 22, 2026 For deeper zoning details, reports are available at Zoneomics

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591