5801 Marvin Loving Dr Unit 311, Garland, TX 75043

List Price
$620,000
MLS#
20966112
Status
ACTIVE
Type
Multifamily
Subtype
ResidentialIncome
Year Built
1984
Construction Status
Preowned
Acres
2.75
County
Dallas
City
Garland
Subdivision
Faulkner Point 9 Hillpoint Ph 02
Building Name
Hillpoint

Property Description

Wonderful opportunity to start or build your rental portfolio with this group of easy to lease, easy to maintain condos. This package includes 5 units in a small complex of 60 giving you the opportunity to lead the board if you would like and to be as involved as you might choose to be with the HOA. Great location near major highways and just across from Lake Ray Hubbard. Each unit has washer and dryer connections, fireplace, and a balcony or patio with additional storage. Open floor plans with kitchen overlooking the living. 4 of the five units can easily be converted to two bedrooms giving you increased rent or instant additional equity. These condos are listed at a 7 cap. You won't find a better deal. Partner is a licensed TX Real Estate Broker. Text for fastest response. See media section for financial details.

Additional Information

Unexempt Taxes
$2,486
HOA Fees
$1,215
HOA Freq
Monthly
Amenities
Pool
Lot Size
119,572
Acres
2.75
Interior Features
Decorative Designer Lighting Fixtures
Flooring
Other
Foundation
Slab
Roof
Asphalt
Stories
2
Pool
Yes
Pool Features
Pool
Parking Garage
Additional Parking
School District
Garland Isd
Elementary School
Choice Of School
Middle School
Choice Of School
High School
Choice Of School
Possession
CloseOfEscrow
Possession
CloseOfEscrow

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Robin Tomberlin Johnson from Row Real Estate LLC. Contact: