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$195,000

5810 Marina Drive 12, Garland, TX, 75043

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths3 Bath
Baths1,800 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$108.33 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Water Heater, Vented Exhaust Fan
FlooringBamboo, Tile, Wood

Exterior

Private PoolPrivate Pool
Lot Size4.66 acres

Building Information

Year Built1977
Stories2
Roof Type105

Land Information

APN26077500020120000
SubdivisionCaptains Quarters Condominiums
Land UseResidential
Legal DescriptionCAPTAINS QUARTERS CONDOMINIUMS CAPTAINS QUARTERS NO 1 ACS 4.655 BLDG B UNIT 12 CE 2.831% OR 1/38 VOL97114/1719 DD060697
Census Tract018141
Assessed Land Value$48,030
Assessed Improvement Value$216,450
Assessment Year2025

About this property

Wake up every day to stunning Lake Ray Hubbard views in this beautifully updated condo located in the sought after Captain’s Quarters community. Offering approximately 1,800 square feet, this spacious 2-bedroom, 2.5 bath home blends modern updates with a relaxing waterfront lifestyle. The open concept floor plan features a remodeled kitchen complete with a brand-new stove, generous living and dining areas, and oversized windows that fill the home with natural light while showcasing breathtaking lake views. Upstairs, beautiful bamboo flooring leads to two spacious bedrooms, including a secondary bedroom with its own private balcony overlooking the water making it the perfect place to enjoy your morning coffee or unwind at the end of the day. A custom designed fireplace with stacked stone, steel accents, and integrated lighting creates a striking centerpiece in the living room, while tasteful upgrades throughout the home add warmth, style, and character rarely found in similar properties. Enjoy low-maintenance lakeside living with HOA dues covering exterior insurance, water, trash, and exterior maintenance, allowing you to spend more time enjoying everything Lake Ray Hubbard has to offer. Conveniently located near shopping, dining, entertainment, and major highways, this move-in-ready home is ideal as a primary residence, weekend retreat, or investment opportunity. Don’t miss your chance to own a unique waterfront property in one of the area’s most desirable communities!

Investor Tools

Property Icon
$264,480
Estimated Property Value
$0Estimated Mortgage Balance
$264,480Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,587 /month
Positive
Cash Flow Estimate:
$529 /month

Interested in this property?

Shalom Maldonado

RE/MAX DFW Associates

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$209/month
$483/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,184
$264,480
2025
$48,030
$216,450
$264,480
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,184
$264,480

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$264,480
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
$483/mo
+$1,082/mo
7.1%

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.

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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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5810 Marina Drive 12 | Property Details | No Agent List