#20878527, Antonio Gipson, Listing office: JoGip Property Management
Property details
About 4444 Chaha Rd Unit 202
Great opportunity to own an amazing group of condos on the banks of Lake Ray Hubbard. Great location near major highways I30 and 190 for easy access to anywhere in the metroplex, plus easy bus line access make these easy to lease. Being adjacent to Bass Pro Shops and just across from the emerging entertainment destination site of the Bayside Resort make these great Airbnb's as well, just remind your guests to bring their swim suits to enjoy the TWO swimming pools and their fishing poles and Kayaks to enjoy using right off the banks of the complex in beautiful Lake Ray Hubbard! Every unit has a private patio or balcony with most offering fantastic lake views!! Short term rentals are allowed by the HOA. Well managed HOA and high occupancy rates make this an appealing opportunity that you should not miss. Onsite property manager is willing to stay at a very reasonable rate making this a very low effort investment. True cap rate of around 6% inclusive of all expenses including management. Recent quick CMA shows that the price for purchasing these separately is around 500K more than these are listed for as a package, allowing you to create almost half a million of instant equity! Owner may be willing to finance with a 25% down payment at 6.5% interest. No showings until substantial agreement on price and terms. Tenants pay electric. All other utilities and exterior maintenance are covered by the HOA dues. All units have a fireplace and full size washer dryer connections as well as additional outdoor storage. Several units are currently leased at below market rates giving a nice upside opportunity for new owners. Owner is a licensed TX real estate broker. Text for fastest response. See transaction desk for more details. 15 units are two bedrooms and 7 are one bedrooms. This package is for 22 units within a 252 unit complex. Each of the 22 units have a unique parcel ID number.
Highlights
Virtual tour
Summary
- Full Bathrooms: 2
- Appliances: Dishwasher, Disposal
- Flooring Type: Combination
- Interior: Decorative/Designer Lighting Fixtures
- Total Bedroom Count: 2
- Parking: Additional Parking
- Heating: Central
- Cooling: Central Air
- List Price: $3,350,000
- HOA Amount: $6246 Monthly
- Directions: use navigation
- Year Built: 1981
- Lot Size: 13.545 Acres
- MLS Number: 20985443
- MLS Name: NTR
- Office Name: Row Real Estate LLC
- Office Phone: (214) 629-5723
- Listing Agent: Robin Tomberlin Johnson
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Last updated on: 7/22/2025, 11:45:37 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Nearby schools
4
Couch Elementary School
Public District 2-5
1.5 mi
•4349 Waterhouse Blvd
6
Herfurth Elementary School
Public District KG-5
2.1 mi
•7500 Miller Rd
4
Stephens Elementary School
Public District PK-5
2.6 mi
•3700 Cheyenne Dr
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $51,365. Most Garland, TX residents have annual incomes between $35k-100k. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.
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Frequently asked questions
About 4444 Chaha Rd Unit 202
The listing price of 4444 Chaha Rd Unit 202 property is $3,350,000.
The property 4444 Chaha Rd Unit 202 is a house located in Garland, Texas, 75043.
Active Listing: 4444 Chaha Rd Unit 202 is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 4444 Chaha Rd Unit 202 are: Couch Elementary School (GreatSchools Rating 4/10), Herfurth Elementary School (GreatSchools Rating 6/10), Stephens Elementary School (GreatSchools Rating 4/10), Education Center International Academy 2 (GreatSchools Rating 7/10), Lyles Middle School (GreatSchools Rating 3/10), Coyle Middle School (GreatSchools Rating 4/10), Lakeview Centennial High School (GreatSchools Rating 5/10), Rowlett High School (GreatSchools Rating 4/10), Rockwall - Heath High School (GreatSchools Rating 6/10).
The property at 4444 Chaha Rd Unit 202 has 2 bedrooms and 2 bathrooms.
The year of construction for 4444 Chaha Rd Unit 202 is 1981.
This home is located at 4444 Chaha Rd Unit 202 in Garland, TX and zip code 75043 in the Faulkner Point neighborhood. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 1, 2025 and is currently priced at $3,350,000.
Between May and June 2025, Garland, TX real estate market has seen increase in the number of listings by 7%. Listings spent 68 days on the market in June 2025, and had a median list price of $317,697 during the same period.