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$129,900

5901 Lake Hubbard Pkwy Apt 263, Garland, TX, 75043

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths969 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$134.06 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

Off-Market ListDeal 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, Refrigerator
FlooringLaminate, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony
Lot Size3.26 acres

Building Information

Year Built1982
Stories1
Roof Type105

Land Information

APN261785100C2630000
SubdivisionFaulkner Pt 4/Westwind At The Pt
Land UseResidential
Legal DescriptionFAULKNER PT 4/WESTWIND AT THE PT WESTWIND AT THE POINT BLDG C UNIT 263 CE 1.6929% INT201600315445 DD11042016 CO-DC
Census Tract018141
Assessment Year2025

About this property

WATERFRONT CHARMER! back on market at no fault of the unit, buyer changed mind. This 2nd floor, 2 bedroom, 2 bath condo offers amazing waterfront views! The home features granite countertops, warm vinyl flooring throughout, a cozy fireplace, and a fabulous covered balcony facing the lake & walk path. The primary suite includes a large bath with dual sinks, granite counters, a soaking tub, a separate shower, and dual closets. The kitchen boasts a breakfast bar, terrific counter space, and a fabulous view of the lake. $15,000 worth of new upgrades including fresh paint, new granite countertops throughout, and new tile flooring in baths make a perfect canvas for any decor. The location is ideal located minutes from I-30 and PGBT, shopping, and entertainment. The property includes one assigned parking space and unassigned guest parking. Come see what Lakeside Living has to offer!

Investor Tools

Property Icon
$184,110
Estimated Property Value
$66,150Estimated Mortgage Balance
$131,151Estimated Equity
64% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,105 /month
Positive
Cash Flow Estimate:
$368 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$416/month
$356/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,076
$184,110
2025
N/A
N/A
$184,110
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,076
$184,110

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Quest Ira Inc
Unknown
$66,150
No
First
Nov 4, 2016
Nov 2019

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$52,959
$131,151
71%
29%
$397/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
$753/mo
+$812/mo
10.2%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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5901 Lake Hubbard Pkwy Apt 263 | Property Details | No Agent List