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22-Unit Multifamily Portfolio
New
For Sale
$3,600,000

4448 Chaha Rd, Garland, TX 75043

The unit mix includes one- and two-bedroom residences, with gated parking and community access to Lake Ray Hubbard.

Property Size1 SF
Price / SF$3,600,000
Days on Market4

Property Features for 4448 Chaha Rd

General Information

Standard status Active
Size 1 SF
Property subtype Multi-Family

Units

Unit Mix 15 x 2BR, 7 x 1BR
Multifamily Units 22

Additional Details

Gross Income $362,049
Highway Access Yes

Amenities

gated parking
waterfront access

Building Details

Year Built 1981
Listing Agency: Woodall and Co. Realty, LLC
Listed By: Cooper Johnson · License #0803700
Source: Christenberrygroup
Added: Sep 24 Last Checked: Sep 26 at 11:29AM

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

Investment Insights

Based on property information with market context.

This 22-unit multifamily portfolio in a Lake Ray Hubbard community contains 15 two-bedroom units and 7 one-bedroom units. Twenty units are leased on 12-month terms, one has a month-to-month lease, and one is vacant. The HOA allows short-term rentals. Recent updates include water heaters approximately 1–2 years old in most units, HVAC systems of similar age in 7 units, and waterproof flooring installed in roughly 80% of units within the past two years. Many residences also have newer refrigerators.

Community features include gated parking and waterfront access to Lake Ray Hubbard. The property also offers highway access and proximity to Rockwall Harbor, shopping, dining, and other retail destinations.

Key Highlights

  • 22‑unit portfolio with 15 two‑bedroom units and 7 one‑bedroom units
  • 20 units leased on 12‑month terms, one month‑to‑month, and one vacant
  • HOA permits short‑term rentals

Property Analytics

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Current Use

Multifamily properties

Suggested Use

Top Pick Hair Salon Electrical Service (Bike/Boat/Book/etc) Store Auto Parts Store Grocery & Convenience Store Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

22
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

177
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - The unit mix includes one- and two-bedroom residences, with gated parking and community access to Lake Ray Hubbard.
Where is this multifamily property located?
The property is located at 4448 Chaha Rd Garland, TX.
What is the asking price?
The asking price for this property 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, one month‑to‑month, and one vacant; HOA permits short‑term rentals
More about this property
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