The BEST opportunity to own a group of condos right on Lake Ray Hubbard. Included in this package 25 individual units. 22 of the 25 units are lakefront making them the most desirable units in the entire complex. The location is ideal and just seconds away from I30, George Bush HWY, Bass Pro Shop, Restaurants and more! All units have either tile flooring through out or luxury vinyl plank flooring. All carpet has been removed from every unit. There are 17 units that are 2 bedroom, 2 full bath and 8 units are 1 bedroom, 1 full bath. Short term rentals are allowed by the HOA so Airbnb is allowed. All units are currently leased out providing immediate cash flow. All units have a wood burning fireplace, full size washer dryer connections, appliances, covered patio and outdoor storage closet. Tenants pay electricity, cable and internet. All other utilities and exterior maintenance are covered by the HOA dues. A MUST SEE!
For sale
$3,999,900
4492 Chaha Rd APT 102, Garland, TX 75043
--beds
3baths
943sqft
Est.:
Multi Family
Built in 1981
-- sqft lot
$-- Zestimate®
$4,242/sqft
$7,170/mo HOA
What's special
Wood burning fireplaceTile flooringCovered patioOutdoor storage closet
- 206 days |
- 448 |
- 19 |
Zillow last checked: 8 hours ago
Listing updated: October 06, 2025 at 08:18am
Listed by:
Matthew Johns 0616310 972-772-7000,
Keller Williams Rockwall 972-772-7000
Source: NTREIS,MLS#: 20988754
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 3
Heating
- Electric
Cooling
- Electric
Appliances
- Included: Dishwasher, Disposal
Features
- Granite Counters, High Speed Internet, Cable TV
- Flooring: Ceramic Tile, Luxury Vinyl Plank
- Number of fireplaces: 1
- Fireplace features: Wood Burning
Interior area
- Total structure area: 943
- Total interior livable area: 943 sqft
Video & virtual tour
Property
Parking
- Total spaces: 42
- Parking features: Open
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Balcony, Covered
- Exterior features: Balcony
- Pool features: In Ground, Pool, Community
- On waterfront: Yes
- Waterfront features: Lake Front
Lot
- Size: 13.55 Acres
Details
- Parcel number: 261785500W1020000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
- Foundation: Slab
- Roof: Composition
Condition
- Year built: 1981
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Sewer Available, Water Available, Cable Available
Community & HOA
Community
- Features: Pool
- Security: Smoke Detector(s)
- Subdivision: Faulkner Point 01
HOA
- Has HOA: Yes
- Services included: Association Management, Maintenance Grounds, Water
- HOA fee: $7,170 monthly
- HOA name: Faulkner Point HOA
- HOA phone: 000-000-0000
Location
- Region: Garland
Financial & listing details
- Price per square foot: $4,242/sqft
- Tax assessed value: $178,000
- Annual tax amount: $4,181
- Date on market: 7/8/2025
- Cumulative days on market: 177 days
- Listing terms: Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 10/6/2025 | Price change | $3,999,900-5.9%$4,242/sqft |
Source: NTREIS #20988754 Report a problem | ||
| 7/8/2025 | Listed for sale | $4,250,000$4,507/sqft |
Source: NTREIS #20988754 Report a problem | ||
| 1/23/2020 | Listing removed | $1,200$1/sqft |
Source: Kim Roulias Realty #14259742 Report a problem | ||
| 1/15/2020 | Listed for rent | $1,200+9.1%$1/sqft |
Source: Kim Roulias Realty #14259742 Report a problem | ||
| 4/8/2016 | Listing removed | $1,100$1/sqft |
Source: Keller Williams - Rockwall #13306584 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $951 -3% | $178,000 -3.2% |
| 2024 | $980 +0.3% | $183,890 +2.6% |
| 2023 | $977 -5.9% | $179,170 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$33,969/mo
Principal & interest
$19832
HOA Fees
$7170
Other costs
$6966
Climate risks
Neighborhood: 75043
Nearby schools
GreatSchools rating
- 3/10Couch Collegiate Prep Elementary SchoolGrades: PK-1Distance: 1.6 mi
- 3/10Lyles Collegiate Middle SchoolGrades: 6Distance: 2.9 mi
- 5/10Rowlett High SchoolGrades: 9-12Distance: 1.9 mi
Schools provided by the listing agent
- District: Garland ISD
Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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