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$3,600,000
37 Beds 37 Baths 21356792 MLS
Rare investment opportunity to acquire a 22-unit portfolio in a lakefront community on Lake Ray Hubbard, offering substantial ownership within the HOA. The portfolio consists of 15 two-bedroom units and 7 one-bedroom units, with 20 units currently leased on 12-month terms, one unit leased month-to-month, and just one vacancy. Current monthly rental income totals approximately $30,170.75, providing strong in-place cash flow with additional upside through filling the vacant unit and future rent increases across several leases. The portfolio has also benefited from significant recent capital improvements. Most water heaters are approximately 1–2 years old, 7 units have HVAC systems approximately 1–2 years old, and roughly 80% of the units have received waterproof flooring within the past two years. Many units also feature recently replaced refrigerators. The HOA permits short-term rentals, providing investors with additional flexibility and the potential to generate premium rental income through alternative leasing strategies. Community amenities include gated parking and waterfront access to Lake Ray Hubbard, while the location offers convenient highway access and close proximity to Rockwall Harbor, shopping, dining, and other major retail destinations. School choice is another notable benefit of the location, with access to several highly rated schools and educational programs. With strong existing occupancy, long term tenants, immediate cash flow, recent improvements, rental upside, and flexible leasing options, this portfolio presents a rare opportunity to acquire significant scale within a single lakefront community.

4448 Chaha Rd, Garland

$144,900
2 Beds 2 Baths 21349765 MLS
Enjoy peaceful water views from the covered private balcony, framed by mature trees and surrounding greenery. Inside, the open living and dining area features wood-look flooring, abundant natural light, and a fireplace with a mirrored surround. The adjoining kitchen includes warm wood cabinetry, black appliances, ample counter space, and a breakfast bar for casual dining. The bedrooms include ceiling fans and generous windows, while the full bathroom features a tub-and-shower combination and vanity storage. Additional highlights include in-unit laundry, mirrored closet doors, and built-in storage. Vacant and ready for its next owner, this condo combines a functional layout, comfortable living spaces, and a relaxing view rarely found at this price point.

4452 Chaha Rd Unit 202, Garland

$185,000
2 Beds 3 Baths 21339680 MLS
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!

5810 Marina Dr Unit 12, Garland

$125,000
1 Beds 1 Baths 21333183 MLS
This beautiful condo offers more than just a home, it offers a lifestyle. Nestled along the shores of Lake Ray Hubbard, you'll enjoy easy access to boating, fishing, kayaking, waterfront parks, walking trails, and beautiful Texas sunsets. Close to the highly anticipated Sapphire Bay waterfront development, located just 5 minutes away. Partial water view corner lot, updated 1-bed, 1-bath end unit situated in the gated Faulkner Point. Features a luxury vinyl plank flooring, contemporary light fixtures, and a fresh neutral paint palette throughout that enhances the open layout and abundant natural light. The eat-in kitchen has been tastefully updated with granite countertops, white shaker cabinetry, and stainless-steel appliances, making it both stylish and functional. Step outside to your oversized covered patio, complete with an extra storage closet — great for outdoor lounging or grilling.The bathroom features modern fixtures, a new vanity, and a refreshed shower-tub combination. Great rental potential or move-in ready residence with just about 16 miles to downtown Dallas. . SCHEDULE IN ADVANCE. All the furniture and decor items are negotiable.

4560 Chaha Rd Unit 101, Garland

$169,000
2 Beds 2 Baths 21317142 MLS
Enjoy lakefront living on beautiful Lake Ray Hubbard, where you can step right out from your private patio and take in the peaceful lake views and the sound of the waves along the shore. This first-floor condo offers an ideal setting for those who love the lake lifestyle, with nearby fishing areas, two community pools, a full-service marina, jet ski rentals, restaurants, shopping, and convenient access to I-30 and President George Bush Turnpike. This 2-bedroom, 2-bath condo features 958 square feet of open living space, a cozy fireplace, ceramic tile flooring, and several recent updates throughout. Improvements include an updated heating system approximately 1 year old, water heater approximately 2 years old, updated kitchen, dining area and bathrooms, light fixtures, electrical plugs, kitchen faucet, kitchen backsplash, and patio ceiling fan. Refrigerator is included. Whether you are looking for a relaxing primary residence, a weekend getaway, or a lakefront retreat after a long workday, this condo offers comfort, location, and lifestyle all in one. A must-see opportunity to own a lakefront property on Lake Ray Hubbard!

4472 Chaha Rd Unit 104, Garland

$109,900
1 Beds 1 Baths 21285474 MLS
Priced to sell, this is your chance to secure a turnkey, move-in ready home at an exceptional value, don't miss out on a property that combines convenience, comfort, and aggressive pricing in one perfect package, a beautifully updated corner lot first floor condo. Thoughtfully updated with modern finishes, luxury vinyl plank flooring, white granite countertops, stainless-steel appliances, a wood burning fireplace, and an oversized covered patio with storage. Include refrigerator, washer and dryer and the HOA covers water, sewer, trash and outdoor maintenance. New AC in 2025. MOVE IN READY for you to enjoy relaxing mornings or evening sunsets! In a gated community just steps from the shores of Lake Ray Hubbard and close to the Sapphire Bay Resort. Community amenities include a pool, walking trails with easy access to I-30, shopping, dining, and downtown Dallas. Great opportunity for homeowners, investors, or anyone seeking low-maintenance lakeside living.

4460 Chaha Rd Unit 101, Garland

$245,000
3 Beds 4 Baths 21280511 MLS
Welcome to 5860 Marina Drive Unit #24, just a short walk away from Lake Ray Hubbard. This thoughtfully designed 3-bedroom, 3.5-bath condo offers exceptional flexibility with rare dual primary suites, each featuring private en-suite bathrooms, one with a Jacuzzi tub and both offer walk-in closets for added comfort and convenience. The main living area is anchored by a dual-sided fireplace that seamlessly connects the living and dining spaces, creating a warm, open flow that’s perfect for both everyday living and entertaining. Multiple outdoor spaces set this home apart, including a private balcony overlooking the community pool and a rooftop deck with relaxing views an uncommon feature that adds valuable additional space for entertaining or unwinding.

5860 Marina Dr Unit 24, Garland

$109,900
1 Beds 1 Baths 21226690 MLS
Experience relaxed lakeside living in this beautifully updated condo, located just steps from Lake Ray Hubbard! Combining comfort, convenience, and a highly desirable location, this inviting home offers an excellent opportunity for full-time living, a weekend retreat, or an investment property. Inside, you'll find a spacious primary bedroom along with tasteful updates throughout that create a fresh, modern feel while maintaining warmth and comfort. The functional layout and welcoming atmosphere make the space easy to enjoy and easy to call home. Living near the lake means outdoor recreation, scenic walking paths, waterfront dining, and peaceful water views are just moments away. Whether you enjoy morning walks by the water, boating, dining nearby, or simply appreciating the surroundings, this location offers a lifestyle that’s hard to beat. Conveniently situated near I-30 and George Bush Turnpike, this property provides quick access to Dallas while remaining close to shopping, dining, and entertainment in Rowlett and Rockwall. Enjoy low-maintenance living in a location that offers both everyday convenience and the charm of lakeside living.

4602 Chaha Rd Unit 207, Garland

$124,000
1 Beds 1 Baths 21185834 MLS
Discover the ultimate turnkey investment at 4460 Chaha Rd, Unit 201. Offering a level of comfort and convenience that is rarely found on the market. From the living room to the bedroom, every detail is ready and waiting for you to move in, unpack, and start living. This property arrives fully furnished and professionally decorated, making it a seamless, income-generating asset ready for immediate short-term rental or Airbnb hosting. With HOA dues covering water, sewer, trash, exterior maintenance, and access to the pool, trails, and gated security. Situated in the gated community just off I-30 and steps from Lake Ray Hubbard. Boasts luxury vinyl plank flooring, contemporary light fixtures, and a fresh neutral paint palette throughout that enhances the open layout and abundant natural light. The eat-in kitchen has been tastefully updated with granite countertops, white shaker cabinetry, and stainless-steel appliances, making it both stylish and functional. Step outside to your oversized covered patio, complete with an extra storage closet — great for outdoor lounging or grilling.The bathroom features modern fixtures, a new vanity, and a refreshed shower-tub combination. Great rental potential for investors or first time buyers. Just about 16 miles to downtown Dallas. . SCHEDULE IN ADVANCE. (condo is currently functioning as Airbnb) All the furniture is INCLUDED, Don't miss out!

4460 Chaha Rd Unit 201, Garland

Listings provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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