Lakefront Multifamily
For Lease
$3,600,000
4448 Chaha Rd, Garland, TX 75043
Multi-unit community offering one- and two-bedroom residences, gated parking, and permitted short-term leasing.
Space SizeContact for details
Days on Market24
Property Features for 4448 Chaha Rd
General Information
Standard status
Active
Property subtype
Commercial
Building Details
Year Built
1981
Stories
2
Listing Agency:
Woodall and Co. Realty, LLC. Contact:
(469) 797-4003
Listed By:
Cooper Johnson
(318) 658-0345
Source:
Settleindfw
Added: Aug 14
Changed: Aug 26
Last Checked: Sep 5 at 8:23AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Woodall and Co. Realty, LLC. Contact:
Investment Insights
Based on property information with market context.
This multifamily portfolio includes 22 units within a single lakefront community on Lake Ray Hubbard. The unit mix comprises 15 two-bedroom residences and 7 one-bedroom residences. Twenty units are leased on 12-month terms, one is leased month-to-month, and one is vacant. Recent improvements include water heaters that are approximately 1–2 years old in most units, HVAC systems of similar age in 7 units, and waterproof flooring installed within the past two years in roughly 80% of the units. Many residences also have replacement refrigerators.
The HOA permits short-term rentals and provides gated parking with waterfront access to Lake Ray Hubbard. The property has highway access and is near Rockwall Harbor, shopping, dining, and other major retail destinations. The surrounding area also offers access to several highly rated schools and educational programs.
The HOA permits short-term rentals and provides gated parking with waterfront access to Lake Ray Hubbard. The property has highway access and is near Rockwall Harbor, shopping, dining, and other major retail destinations. The surrounding area also offers access to several highly rated schools and educational programs.
Key Highlights
- 22‑unit portfolio with 15 two‑bedroom units and 7 one‑bedroom units
- 20 units leased on 12‑month terms, 1 month‑to‑month lease, and 1 vacancy
- Approximately 80% of units received waterproof flooring within the past two years
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
177
Businesses Nearby
Explore this area
Business Placement
Demographics for 75043, TX
63,973
Population
23,439
Households
2.7
Avg Household Size
36
Median Age
25%
College-Educated
84%
High-School Grad
14.7 sq mi
ZIP Area
4,352
Density / Sq Mi
$75,454
Median Household Income
$39,062
Median Earnings
$1,467
Median Rent
$253,300
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Multifamily property - Multi-unit community offering one- and two-bedroom residences, gated parking, and permitted short-term leasing.
Where is this multifamily property located?
The property is located at 4448 Chaha Rd Garland, TX.
What is the lease rate?
The lease rate is $3,600,000.
What are key features of this property?
This property features: 22‑unit portfolio with 15 two‑bedroom units and 7 one‑bedroom units; 20 units leased on 12‑month terms, 1 month‑to‑month lease, and 1 vacancy; Approximately 80% of units received waterproof flooring within the past two years
