4448 Chaha RD Garland, TX 75043
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 1 sqft
Price per Sqft $3,600,000
Subdivision Faulkner Point 2
MLS Listing ID 21356792
Bedrooms 37
Full Baths 37
HOA Fees $6,246/mo
HOA Y/N Yes
Year Built 1981
Lot Size 13.545 Acres
Acres 13.545
Property Description
The portfolio has also benefited from significant recent capital improvements. Most water heaters are approximately 1–2 years old, 7 units have HVAC systems approximately 1–2 years old, and roughly 80% of the units have received waterproof flooring within the past two years. Many units also feature recently replaced refrigerators.
The HOA permits short-term rentals, providing investors with additional flexibility and the potential to generate premium rental income through alternative leasing strategies. Community amenities include gated parking and waterfront access to Lake Ray Hubbard, while the location offers convenient highway access and close proximity to Rockwall Harbor, shopping, dining, and other major retail destinations. School choice is another notable benefit of the location, with access to several highly rated schools and educational programs.
With strong existing occupancy, long term tenants, immediate cash flow, recent improvements, rental upside, and flexible leasing options, this portfolio presents a rare opportunity to acquire significant scale within a single lakefront community.
Location
State TX
County Dallas
Direction GPS!
Interior
Interior Features Built-in Features
Heating Electric
Cooling Central Air
Flooring Vinyl
Fireplaces Number 1
Fireplaces Type None
Fireplace No
Appliance Dishwasher, Electric Cooktop, Gas Cooktop, Disposal, Microwave, Refrigerator
Exterior
Parking Features Additional Parking, Assigned
Pool Pool
Utilities Available Sewer Available, Water Available
Amenities Available Maintenance Front Yard
Waterfront Description Lake Front
Water Access Desc Public
Roof Type Shingle
Total Parking Spaces 30
Private Pool No
Building
Foundation Slab
Sewer Public Sewer
Water Public
Level or Stories Two
Schools
Elementary Schools Choice Of School
Middle Schools Choice Of School
High Schools Choice Of School
School District Garland Isd
Others
HOA Name Breanne Baldermann, Ceo Lavalle & Co
HOA Fee Include Association Management,Insurance,Maintenance Grounds,Maintenance Structure,Pest Control,Sewer,Security,Trash,Water
Tax ID 261784800R2050000
Acceptable Financing Assumable, Cash, Conventional, 1031 Exchange, See Agent
Listing Terms Assumable, Cash, Conventional, 1031 Exchange, See Agent
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