#20878527, Antonio Gipson, Listing Office: JoGip Property Management
Property details
About 4540 Chaha Rd Unit 203
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 airbnbs as well, just remind your guests to bring their fishing poles and Kayaks to enjoy right off the banks of the complex! Short term rentals are allowed by the HOA. Well managed HOA and high occupancy rates make this an appealing 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 5.5 cap rate inclusive of all expenses including management. Owner may be willing to finance with a 25% down payment. No showings until substantial agreement on price and terms. Tenants pay electric. All other utilities and exterior maintenance are covered by the HOA dues. 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.
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: $3,440,000
- HOA Amount: $6,246
- HOA Frequency: Monthly
- Directions: use navigation
- Year Built: 1981
- Lot Size: 13.545 Acres
- MLS Number: 20923413
- 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: 5/3/2025, 12:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$3,440,000
4540 Chaha Rd Unit 203
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Price information
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Nearby schools
4
Couch Elementary School
Public District 2-5
1.6 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
2.7 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. Residents of Garland, TX typically earn between $35k-100k each year. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.
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Frequently asked questions
About 4540 Chaha Rd Unit 203
The listing price of 4540 Chaha Rd Unit 203 property is $3,440,000.
The property 4540 Chaha Rd Unit 203 is a house located in Garland, Texas, 75043.
Active Listing: 4540 Chaha Rd Unit 203 is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 4540 Chaha Rd Unit 203 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 4540 Chaha Rd Unit 203 has 2 bedrooms and 2 bathrooms.
The year of construction for 4540 Chaha Rd Unit 203 is 1981.
This home is located at 4540 Chaha Rd Unit 203 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 May 2, 2025 and is currently priced at $3,440,000.
The number of listings in Garland, TX increased by 15% between March and April 2025. While the average time on the market in April 2025 was 65 days, the median list price was $319,992.