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$1,650

5805 Lake Hubbard Parkway 202, Garland, TX, 75043

On MarketInfo
LeaseInfo
Beds2 Beds
Baths2 Bath
Baths1,012 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$1.63 / sqft
Year BuiltBuilt in 1983

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator
FlooringTile, Vinyl

Exterior

Exterior FeaturesBalcony
Lot Size2.48 acres

Building Information

Year Built1983
Stories1
Roof Type105

Land Information

APN261785200B2020000
SubdivisionFaulkner Point 5/Lake Point Condo
Land UseResidential
Legal DescriptionFAULKNER POINT 5/LAKE POINT CONDO ABST 791 1.832 ACS FAULKNER PT #5 BLDG B UNIT 202 CE 3.3439% VOL99044/7566 DD022699
Census Tract018141
Assessed Land Value$54,110
Assessed Improvement Value$151,150
Assessment Year2025

About this property

Remodeled 2-Bed, 2-Bath Condo with stunning Lake Views and park trails along Lake Ray Hubbard - This beautifully updated second-floor corner unit offers both privacy and breathtaking views of Lake Ray Hubbard—just a stone’s throw from the water's edge. Enjoy serene lake scenery from the front porch and breakfast area, or relax on your own private balcony, complete with an extra storage closet. The spacious floor plan features stylish laminate wood flooring, a charming brick wood-burning fireplace, and a well-appointed kitchen with new stainless steel appliances, sleek white cabinetry, ample storage, and a functional breakfast bar. Unit comes equipped with kitchen refrigerator, dryer and new washer. The split-bedroom design ensures comfort and privacy, with the primary suite boasting dual vanities, upgraded light fixtures, and a built-in garden tub. Newly installed electrical panel box. Conveniently located near I-30, this home is just west of Bass Pro Shops and close to a variety of local dining and shopping options. Application Details: Prospective tenants must submit a completed TAR application, a $50 non-refundable application fee (paid to the listing agent), proof of income, and prior rental history with references. Self-employed applicants should provide two years of tax returns. Pet restrictions apply; pet deposit and monthly pet fees required.

Interested in this property?

Frank Lu

Coldwell Banker Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$143/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$689
$205,260
2025
$54,110
$151,150
$205,260
No

Tax History

Year
Tax Paid
Assessed Value
2025
$689
$205,260

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prime Lending Inc
Conventional
$101,437
No
First
Aug 4, 2025
Sep 2040

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$99,651
$105,609
51%
49%
$609/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
$609/mo
+$956/mo
9.1%

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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5805 Lake Hubbard Parkway 202 | Property Details | No Agent List