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$165,940

NAL Estimated Property Value

5722 Marvin Loving Drive 226, Garland, TX, 75043

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths950 Sq Ft
price_per_sqft$136.84 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave, Plumbed For Ice Maker, Refrigerator
FlooringCarpet, Ceramic Tile, Laminate, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony
Lot Size4.16 acres

Building Information

Year Built1982
Stories1
Roof Type105

Land Information

APN261785300G2260000
Lot Number4
SubdivisionHighpoint Landing Condos
Land UseResidential
Legal DescriptionHIGHPOINT LANDING CONDOS 4 BLK 2 PT LT 4 BLDG G UNIT 226 CE% 1.20 INT202100233904 DD08032021 CO-DC 1785300G22600 3261785300G
Census Tract018141
Assessed Land Value$32,590
Assessed Improvement Value$133,350
Assessment Year2025

About this property

Wow! You can view Lake Ray Hubbard, the Marina AND the community Pool from your private balcony! Hard to find, Cute & Cozy updated 2 Bedroom 2 Full Bath Condo located minutes from Lake Ray Hubbard, the marina, the coming soon Bayside Development, the Bass Pro Store, Restaurants & Entertainment, I-30 and the George Bush Tollway. Just 20 minutes from Downtown Dallas and only 5 minutes from the Rockwall Harbor district. 2018 updates: New AC handler inside, new water heater, replaced electric panel + added 5 GFCI outlets, new dishwasher, new front door & frame. All info deemed reliable but should be verified by buyer or buyer's agent.

Investor Tools

Property Icon
$165,940
Estimated Property Value
$0Estimated Mortgage Balance
$165,940Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$996 /month
Positive
Cash Flow Estimate:
$332 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$348/month
$270/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,348
$165,940
2025
$32,590
$133,350
$165,940
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,348
$165,940

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$165,940
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
$270/mo
+$1,295/mo
11.3%

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.

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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5722 Marvin Loving Drive 226 | Property Details | No Agent List