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$135,000

4540 Chaha Road 201, Garland, TX, 75043

On MarketInfo
Beds1 Beds
Baths1 Bath
Baths626 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$215.65 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher

Exterior

Lot Size13.54 acres

Building Information

Year Built1981
Stories1
Roof Type105

Land Information

APN26178560000017100
Lot Number1
SubdivisionFaulkner Point 1/Faulkner Point
Land UseResidential
Legal DescriptionFAULKNER POINT 1/FAULKNER POINT LT 1 BLDG F UNIT 201 CE 0.2886% INT202300033543 DD02172023 CO-DC 1785600000171 32617856000
Census Tract018141
Assessed Land Value$17,050
Assessed Improvement Value$155,100
Assessment Year2025

About this property

Welcome to this beautifully renovated 1-bedroom, 1-bath condo, located on the 2nd floor and perfectly positioned to take in breathtaking views of Lake Ray Hubbard. Imagine enjoying sunsets from your window or stepping out to experience the lake lifestyle with fishing opportunities, canoe storage nearby, and scenic walking trails just steps away. This move-in ready home boasts modern upgrades, including granite countertops, an updated bathroom, and a refrigerator that conveys with the property. Enjoy access to a sparkling community pool and the flexibility of short-term rentals. Conveniently located close to shopping, restaurants, and with easy access to I-30 and President George Bush Tollway, this condo is a rare find for lake lovers and savvy investors alike. Don’t miss the chance to call this lake-view paradise your own!

Investor Tools

Property Icon
$172,150
Estimated Property Value
$0Estimated Mortgage Balance
$12,612Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,033 /month
Positive
Cash Flow Estimate:
$344 /month

Interested in this property?

Michelle Barnes

eXp Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$148/month
$215/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$919
$172,150
2025
$17,050
$155,100
$172,150
No

Tax History

Year
Tax Paid
Assessed Value
2025
$919
$172,150

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Research Center Llc
Va
$170,000
Yes
First
Feb 17, 2023
Mar 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$159,538
$12,612
7%
93%
$1,020/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,326/mo
$1,235/mo
+$91/mo
9.2%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Garland

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4540 Chaha Road 201 | Property Details | No Agent List