Garland, TX 75043 5505 Key Bend
$219,995



10 more











Presented By: Antonio Gipson with JoGip Property Management; 972-293-5575
Home Details
INVESTORS ONLY: Prime Garland, TX Investment Property! This 3-bedroom, 2-bathroom home with a 2-car garage in Garland, TX, is an excellent investment opportunity. Located near the desirable Lake Ray Hubbard area and offering quick access to I-30, this property combines convenience and practicality. The home features an open floor plan, all-electric appliances, a spacious kitchen with skylights that bring in natural light, and a cozy wood-burning fireplace. Ceiling fans throughout the home provide a refreshing atmosphere, while full washer and dryer connections add to its functionality. The property boasts a mix of laminate, ceramic tile, and carpet flooring, as well as a large backyard with a patio perfect for outdoor gatherings. Currently generating $1,700 per month in rental income—slightly below market rate—this property offers potential for future rent adjustments. With a long-term tenant of over 10 years already in place, this home provides immediate rental income and stability for investors. Its location in a growing area near Lake Ray Hubbard makes it an attractive option for tenants and ensures strong demand in the future. Don’t miss out on this exceptional opportunity to add a reliable income-generating property to your portfolio.
Presented By: Antonio Gipson with JoGip Property Management; 972-293-5575
Interior Features for 5505 Key Bend
Bedrooms
Total Bedrooms3
Bathrooms
Half Baths0
Total Baths2
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Fireplace Y/NNo
FlooringCarpet, Laminate
Heating Y/NYes
Interior AmenitiesCableTv
Total Fireplaces
General for 5505 Key Bend
Additional Parcels Y/NNo
AppliancesDishwasher, ElectricRange, Disposal
Attached Garage Yes
AttributionContact972-293-5575
Cap Rate0.0
Carport Y/NNo
CityGarland
Community FeaturesSidewalks
Construction MaterialsBrick
CoolingCentralAir
CountyDallas
DirectionsFrom I-30, Turn right onto Seaport Dr, Turn left onto Locust Grove Rd. Turn left onto Key Bend
Electric On Property Y/NNo
Elementary SchoolChoice Of School
Elementary School DistrictGarland ISD
Full Baths2
Garage Spaces2.0
Garage Y/NYes
Gross Income204000.0
HOANo
HeatingCentral
High SchoolChoice Of School
High School DistrictGarland ISD
Home Warranty Y/NNo
Insurance Expense1.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Legal DescriptionHALCYON VILLAS REP BLK 6 LT 14
LevelsOne
Lot Size Square Feet4486.68
Lot Size UnitsAcres
Middle/Junior High SchoolChoice Of School
Middle/Junior School DistrictGarland ISD
MobileHomeRemainsYNNo
ModificationTimestamp2025-04-09T16:29:48.647-00:00
Net Operating Income1.0
New ConstructionNo
Number Of Units Total1
Occupancy TypeTenant
Pool FeaturesNone
PossessionCloseOfEscrow
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NNo
RoofShingle
Security FeaturesSmokeDetectors
Senior Community Y/NNo
SewerPublicSewer
Standard StatusActive
StatusActive
Stories1
Subdivision NameHalcyon Villas Rep
Tax Annual Amount4257.0
Tax Lot14
UtilitiesSewerAvailable, WaterAvailable, CableAvailable
Virtual TourClick here
Waterfront Y/NNo
Year Built1983
Year Built DetailsPreowned
Exterior for 5505 Key Bend
Building Area Total1334.0
Covered Spaces2.0
Crops Included Y/NNo
FencingWood
Foundation DetailsSlab
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.103
Lot Size Area0.103
Number of Buildings1
Open Parking Y/NNo
Parking FeaturesGarage
SpaNo
Total Parking2.0
Water SourcePublic