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A
NoAgentList RatingHow are grades calculated? Info
Days127Days on Market
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$110,000

5809 Lake Hubbard Parkway 308, Garland, TX, 75043

On MarketInfo
Beds1 Beds
Baths1 Bath
Baths674 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$163.2 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Deal ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven
FlooringLaminate

Exterior

Exterior FeaturesBalcony
Lot Size2.48 acres

Building Information

Year Built1983
Stories1
Roof Type105

Land Information

APN261785200C3080000
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 308 CE 2.2271% INT201200334492 DD08142012 CO-DC
Census Tract018141
Assessed Land Value$36,040
Assessed Improvement Value$89,360
Assessment Year2025

About this property

Inviting, updated condominium with LAKE VIEWS from the balcony. There is nothing like coming home to the peace of mind of owning your own place. This condominium offers a sense of neighborhood and community while providing you with a place to call your own. Forget leases and landlords and throwing your money away on rent. Put yourself in the investment in your own condominium! With no neighbors in your view, look out at greenery and the lake! Nothing like it! Take long walks or fish. Enjoy the marina that is next door. Condominium has been updated and includes updated fixtures in kitchen and bath, blinds and granite countertops. Stove, refrigerator and washer and dryer stay! Worth a look! Come fall in love!

Investor Tools

Property Icon
$125,400
Estimated Property Value
$0Estimated Mortgage Balance
$125,400Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$752 /month
Positive
Cash Flow Estimate:
$251 /month

Interested in this property?

Ann Parsley

Ebby Halliday, Realtors

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$108/month
$170/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$670
$125,400
2025
$36,040
$89,360
$125,400
No

Tax History

Year
Tax Paid
Assessed Value
2025
$670
$125,400

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$125,400
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,326/mo
$170/mo
+$1,156/mo
12.7%

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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