2104 Richland Dr.,
Garland, TX 75044

Project Location:

 2104 Richland Dr., Garland, TX 75044

About the Project:

The Investors Pool provides a comprehensive investment analysis based on open-source data for the single-family home located at 2104 Richland Dr., Garland, TX 75044. The analysis indicates that this property presents a significant investment opportunity, primarily through a value-add strategy. The property appears to be undervalued by the appraisal district, with comparable sales and market data suggesting a market value between $366,000 and $431,000.

The recommended strategy involves purchasing the property at a negotiated price, investing in strategic renovations, and leveraging the strong rental demand in the 75044 zip code to generate positive cash flow and long-term appreciation. The value-add scenario projects a 7.31% cash-on-cash return and an immediate equity gain of approximately $79,000 post-renovation.

Property Overview:

The subject property is a 5-bedroom, 2-bathroom single-family home with 2,092 square feet of living space, built in 1972 and newly renovated in 2025. It is located in the Richland Meadows subdivision in Garland, Dallas County, Texas.

Key Features and Financial Advantages:

The property has been strategically positioned to outperform conventional rental assets. The following table summarizes the key financial metrics and operational benefits associated with this property:

Project Highlights:

This property is not a mere traditional rental unit; it is a high-performing asset engineered for superior returns. The recent renovations and new furnishings ensure a premium experience for guests, justifying higher rental rates and attracting a discerning clientele. The ability to pivot between multiple rental strategies provides a unique competitive advantage, making 2104 Richland Ave. a highly attractive and secure investment for any portfolio.

Market Analysis

The Garland, TX real estate market is currently somewhat competitive, with homes selling in an average of 47 days. The overall market has seen modest price growth, but the 75044 zip code, where the subject property is located, has demonstrated significantly stronger performance.

Garland vs. 75044 Zip Code

The 75044 zip code outperforms the broader Garland market, with a median sale price 21.4% higher and more robust year-over-year price growth. This indicates that the subject property is situated in a desirable, premium area within Garland.

Rental Market

The rental market in Garland is strong, with high demand driven by its affordability compared to nearby Dallas. Average rental rates vary by source, but the 5-bedroom configuration of the subject property positions it to command premium rental income, estimated between $2,400 and $3,200 per month.

Valuation and Comparable Sales

The property's 2024 appraisal district value of $250,000 appears to be significantly lower than its market value. Third-party automated valuation models (AVMs) and recent comparable sales support a much higher valuation.

Comparable Sales Analysis

Recent sales of similar properties on Richland Drive indicate a price per square foot ranging from $197 to $215. Applying these metrics to the subject property's 2,092 square feet yields a market value estimate between $412,000 and $431,000.

Based on 2024 appraisal district value

Comparative Analysis of Rental Strategies

1. Corporate Rental Strategy

Corporate rentals target business travelers, relocating employees, and project teams requiring furnished, short-to-medium-term housing.

Market Analysis

Based on Dallas area corporate housing data, furnished properties command premium rates:

•1-Bedroom Corporate Housing: $2,700-$4,000/month

•2-Bedroom Corporate Housing: $3,500-$5,500/month

•3-Bedroom Corporate Housing: $4,000-$8,000/month

Corporate Rental Projections for 2104 Richland Dr

Setup Investment: $45,000-$60,000 for full furnishing and corporate-grade amenities

•High-quality furniture and appliances: $35,000

•Professional setup and staging: $5,000

•Technology package (high-speed internet, smart TV, workspace): $5,000

•Initial marketing and certification: $5,000-$15,000

Monthly Rental Income: $5,500-$7,200 (based on 4 & 5-bedroom configuration)

2. Insurance Relocation Rental Strategy

Insurance relocation rentals serve families displaced by disasters, providing temporary housing while repairs are completed.

Market Analysis

Insurance relocation housing typically pays:

•Daily Rates: $150-$366 for family homes

•Monthly Rates: $4,500-$11,000 for furnished homes

•Average Stay: 3-9 months per placement

Insurance Relocation Projections

Setup Investment: $35,000-$45,000 for family-friendly furnishing

•Durable, family-appropriate furniture: $25,000

•Child-safe amenities and features: $5,000

•Insurance company compliance setup: $5,000-$15,000

Monthly Rental Income: $7,000-$10,667 (insurance company direct pay)

3. Co-Living Rental Strategy

Co-living maximizes rental income by renting individual bedrooms to young professionals, with shared common areas.

Market Analysis

Based on Dallas co-living data:

•Average Co-living Rate: $588/month per room

•Garland Specific Rate: $811-1100/month per room

•Premium Location Rate: $900-$1,200/month per room

Co-Living Projections for 2104 Richland Dr

Setup Investment: $25,000-$35,000 for co-living optimization

•Individual room furnishing (5 rooms): $15,000

•Shared space enhancement: $5,000

•Security and privacy upgrades: $5,000-$15,000

Monthly Rental Income: $4,050-$6,000 (4-5 rooms × $810-$1,200 each)

Strategy Comparison Summary

Corporate rental offers the 2nd highest returns but requires significant upfront investment and management expertise. Experienced investors with corporate housing knowledge fare the best.

Insurance relocation offers the highest return but provides a less predictable income stream with moderate setup costs and lower management complexity. Ideal for investors seeking high returns with a slightly less predictable vacancy rate.

Co-living has the lowest barrier to entry and good returns relative to investment but requires active tenant management. Suitable for hands-on investors comfortable with higher turnover.

All strategies benefit from the property's excellent 75044 zip code location and strong Dallas-Fort Worth market fundamentals.

The Investment Dashboard above and the Comparison Summary show that while corporate rental generates the 2nd highest and most predictable returns, insurance relocation offers the highest returns, with slightly higher risk with moderate setup costs, but gives the highest income streams year over year.

By combining all 3 strategies, we have been able to reduce risks and increase profits, and decrease vacancy rates.

All strategies benefit from the property's excellent location in the 75044 zip code and consistent 3% annual appreciation in the strong Dallas-Fort Worth market.

Offering Details:

• 2104 Richland TX LLC transferred its property's deed to a new SPV LLC and is selling a portion of the SPV LLC on the Investors Pool Marketplace. This property is the only asset owned by the LLC.

• Tokens represent direct ownership in the LLC that owns the property. 2104 Richland TX LLC will maintain at least 20-30% ownership in the LLC indefinitely.

• To view proof of 2104 Richland TX LLC ownership prior to the title transfer, view proof of the title transfer, or view the current SPV LLC documents, simply click the "CREATE ACCOUNT" button and sign up for a new account.

Investment Overview:

Why Invest in 2104 Richland Dr.?

• Strong Cash Flow: backed by a strong rental market for corporate, insurance & co-living rentals.

• Mid-Term Play: with the ability to utilize 3 different rental strategies allowing for maximized returns, decreased vacancy rates, and increased stability.

• No HOA

• Regular Passive Monthly Income: Rent distributed directly to your account—no lockup, peer-to-peer liquidity

• Ability to Trade or Sell your Tokens: peer-to-peer or on the Secondary Market

• Documented transparency: Every report and contract available for review

• Professional oversight & management by active management company specializing in Insurance, corporate, and co-living rentals

• Fractional Access: Own a piece of the next major mode in Fractional Syndication's real estate evolution starting between $100 and $250 per token.

Projections—Holding Period: 5-7 yrs

• Cash-on-Cash (1st Yr): 13.75%

• ROI (Cumulative): 202%

• Projected Annual Rental Income: $110,664.00

• Projected Gross Rental Yield: 27.29%

• Projected NET Rental Yield: 17.70%

• I.R.R. (Annual, Pre-Tax): 18.76%

• Capitalization Rate: 14.16%

Property Leverage

• This property has a loan balance of $340,000. View the loan documents and other supporting project documents by clicking "HERE" and creating an account.

• As the seller, 2104 Richland TX, LLC is selling off 70% of its ownership rights and will pay off the current loan balance of $340,000 with a portion of the funds raised. 2104 Richland TX equity percentage in the property will decrease, and the levered rental yield of investors will increase over time as more shares are acquired.

Location Data

• "A-" Rating for Zip Code on Niche

Due Diligence Documents:

•Title Report

•Appraisal

•Inspection Report

•Operating Agreement

•View All Documents

To access the above due diligence documents and all other important project documents, click the blue “CREATE ACCOUNT” button and set up your account. Once your account is set up, you’ll also be able to link your wallet or set up a new one so you can purchase shares/ownership of this and other active and ongoing projects.