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$599,900

5210 Lake Terrace Ct, Garland, TX, 75043

Under ContractInfo
Beds4 Beds
Baths3 Bath
Baths2,953 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$203.15 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Refrigerator

Exterior

Lot Size6,136 sqft

Building Information

Year Built2023
Stories2
Roof Type105
Garage Spaces2

Land Information

APN26303760020120000
Lot Number12
SubdivisionLake Terrace Rep
Land UseResidential
Legal DescriptionLAKE TERRACE REP BLK 2 LT 12 INT202300099868 DD05192023 CO-DC 3037600201200 3CG30376002
Census Tract018141
Assessed Land Value$135,000
Assessed Improvement Value$420,560
Assessment Year2025

About this property

Gorgeous Lakefront property located in a private gated community overlooking beautiful Lake Ray Hubbard! A grand two-story foyer welcomes you into this well-designed home with stunning panoramic lake views. Enjoy a modern open floor plan complete with luxury vinyl plank flooring throughout the entire home. The kitchen features quartz counters, soft closing cabinetry, a spacious walk-in pantry, stainless-steel appliances and a large waterfall island-breakfast bar. Plenty of options with dual primary suites, one up and one down, & spacious auxiliary bedrooms along with two upstairs flexible living areas. Oversized garage offers plenty of storage and is equipped with plug for an EV. Relax and watch the sunrise from the terrace or enjoy the breeze while you grill on the outdoor covered patio. Within walking distance to Windsurf Bay Park, the marina and minutes from 1-90 George Bush Turnpike and I-30. Don’t miss the opportunity to enjoy lakeside living at its best!

Investor Tools

$368,749Estimated Mortgage Balance
$188,644Estimated Equity
33% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,599 /month
Positive
Cash Flow Estimate:
$1,200 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,284/month
$935/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,632
$555,560
2025
$135,000
$420,560
$555,560
No

Tax History

Year
Tax Paid
Assessed Value
2024
$12,632
$555,560

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$385,000
No
First
Jan 26, 2024
Feb 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$368,749
$186,811
33%
66%
$2,309/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$3,244/mo
$-1,272/mo
4.3%

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.

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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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5210 Lake Terrace Ct | Property Details | No Agent List