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$125,000

5913 Lake Hubbard Parkway 221, Garland, TX, 75043

On MarketInfo
Beds2 Beds
Baths2 Bath
Baths920 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$135.87 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater
FlooringCeramic Tile, Laminate

Exterior

Private PoolPrivate Pool
Lot Size3.26 acres

Building Information

Year Built1981
Stories1
Roof Type105

Land Information

APN261785100B2210000
SubdivisionFaulkner Pt 4/Westwind At The Pt
Land UseResidential
Legal DescriptionFAULKNER PT 4/WESTWIND AT THE PT WESTWIND AT THE POINT BLDG B UNIT 221 CE 1.6073% INT202100346741 DD11132021 CO-DC
Census Tract018141
Assessment Year2025

About this property

Wonderful home. Views of Lake Ray Hubbard!! Enjoy the trails. Bask in Lakeside living in this 2-bedroom 2-bath 2nd-floor condo featuring laminate wood flooring, ceramic tile. Snuggle around the wood-burning fireplace. Design your home around neutral fresh paint. Sip on a beverage from the, patio which has extra storage. Cool down and enjoy the day. Ceiling fans throughout. New refrigerator and full size washer & dryer connections. Primary suite includes sitting area, dual closets and dual sinks, shower and separate tub. This condo is conveniently located a short distance from the lake. Easy commute to Interstate 30 and 190. Grab a meal at any of the wonderful diners near buy, Bass Pro, Villa Brazil, Flying Saucer, and Captains Cove Marina. Don't miss the opportunity to own a condo near the lake.

Investor Tools

$106,811Estimated Mortgage Balance
$67,989Estimated Equity
38% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,049 /month
Positive
Cash Flow Estimate:
$350 /month

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Kendra Norwood

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$149/month
$407/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$919
$174,800
2025
N/A
N/A
$174,800
No

Tax History

Year
Tax Paid
Assessed Value
2025
$919
$174,800

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lower Llc
Conventional
$107,910
No
First
Nov 21, 2025
Dec 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$106,811
$67,989
38%
61%
$647/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
$1,054/mo
+$511/mo
10.7%

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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5913 Lake Hubbard Parkway 221 | Property Details | No Agent List