Garland, TX 75043 4492 Chaha Road # 102
$4,250,000



35 more




































Presented By: Matthew Johns with Keller Williams Rockwall; 972-772-7000
Home Details
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!
Presented By: Matthew Johns with Keller Williams Rockwall; 972-772-7000
Interior Features for 4492 Chaha Road # 102
Bathrooms
Total Baths
Other Interior Features
Fireplace FeaturesWood Burning
Unit Count2
Fireplaces Total1
Lock Box TypeCombo
FlooringCeramic Tile, Luxury Vinyl Plank
Interior FeaturesCable TV Available, Granite Counters, High Speed Internet Available
Total Units25
General for 4492 Chaha Road # 102
# of Buildings5
AppliancesDishwasher, Disposal
Assoc Fees7170
Association Fee FrequencyMonthly
Capitalization Rate4.64
CityGarland
Community FeaturesCommunity Pool
Complex NameFaulkner Point
Construction MaterialsBrick
CoolingElectric
CountyDallas
DirectionsFollow GPS
Elementary SchoolChoice Of School
Elementary School NameChoice Of School
Gross Annual Expenses177889.00
HOA Fee IncludesMaintenance Grounds, Management Fees, Water
HOA TypeMandatory
HeatingElectric
High SchoolChoice Of School
Insurance Expense0
LevelsTwo
Listing TermsCash, Conventional
Pool Y/NYes
PossessionClosing/Funding
Property SubtypeMultiple Single Units
Property TypeResidential Income
RoofComposition
School DistrictGarland ISD
Security FeaturesSmoke Detector(s)
Standard StatusActive
StatusActive
Subdivision NameFaulkner Point 01
Unexempt Taxes4181
Unit Number102
UtilitiesCable Available, City Sewer, City Water
Virtual Tour URL UnbrandedClick here
Will SubdivideNo
Year Built1981
Year Built DetailsPreowned
Exterior for 4492 Chaha Road # 102
Building Area Total943.00
Exterior FeaturesBalcony, Covered Patio/Porch
Foundation Slab
Lot SizeCondo/Townhome Lot
Lot Size Acres13.5450
Lot Size Area13.5450
Lot Size Square Feet590020.2000
Lot Size UnitsAcres
Number Of Parking Spaces42
Parking FeaturesOpen
Pool FeaturesIn Ground
WaterFront FeaturesLake Front
WaterfrontYes