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$129,970

5809 Lake Hubbard Parkway 307, Garland, TX, 75043

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths674 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$170.62 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListHigh EquityCash Buyers

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Refrigerator
FlooringCarpet, Tile

Exterior

Lot Size2.48 acres

Building Information

Year Built1983
Stories1
Roof Type105

Land Information

APN261785200C3070000
Lot Number5
SubdivisionFaulkner Point 5/Lake Point Condo
Land UseResidential
Legal DescriptionFAULKNER POINT 5/LAKE POINT CONDO BLK 2 PT LOT 5 ACS 1.832 BLDG C UNIT 307 CE 2.2271% INT202400092635 DD05062024 CO-DC
Census Tract018141
Assessed Land Value$36,040
Assessed Improvement Value$93,930
Assessment Year2025

About this property

This one-bedroom condo has built in shelving. Large bedroom. Spacious bath. 2 closets one in bedroom and one in bath. Both closets are large in size for extra storage. Wood burning fireplace. New carpet. Covered patio with views of Lake Ray Hubbard. There is a greenway where you can walk your pet and enjoy the breeze off the lake. This is a bottom floor unit and a bonus as it is an end unit! Located near Bass Pro Shop and surrounding restaurants. Quiet complex. This is a unit to see!

Investor Tools

Property Icon
$129,970
Estimated Property Value
$0Estimated Mortgage Balance
$129,970Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$780 /month
Positive
Cash Flow Estimate:
$260 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$300/month
$171/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,955
$129,970
2025
$36,040
$93,930
$129,970
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,955
$129,970

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$129,970
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,326/mo
$171/mo
+$1,155/mo
12.2%

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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5809 Lake Hubbard Parkway 307 | Property Details | No Agent List