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Lakefront Apartment Building Portfolio

4448 Chaha Road, Garland, TX 75043

For Sale
$3,600,000

ResidentialIncome, Garland, TX

Property SizeContact for details
Lot Size13.55 Acres
Days on Market94

Property Features for 4448 Chaha Road

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 37
Bathrooms 37
Full bathrooms 37
Rooms Bedroom 27, Bathroom 13, Bedroom 10, Bedroom 13, Bathroom 30, Bathroom 6, Bathroom 26, Bedroom 22, Bedroom 9, Bathroom 3, Bathroom 20, Bedroom 7, Bedroom 34, Bathroom 28, Bathroom 5, Bedroom 23, Bathroom 19, Bathroom 34, Bedroom 2, Bedroom 1, Bedroom 4, Bathroom 17, Bathroom 22, Bathroom 29, Bathroom 2, Bedroom 18, Bedroom 37, Bedroom 35, Bedroom 36, Bathroom 16, Bedroom 26, Bathroom 9, Bathroom 32, Bathroom 10, Bathroom 21, Bedroom 24, Bathroom 27, Bathroom 36, Bedroom 8, Bedroom 5, Bedroom 16, Bedroom 20, Bedroom 14, Bedroom 32, Bathroom 14, Bedroom 19, Bathroom 24, Bathroom 25, Bathroom 1, Bedroom 3, Bedroom 6, Bedroom 28, Bedroom 11, Bathroom 18, Bedroom 17, Bedroom 21, Bathroom 31, Bedroom 30, Bathroom 35, Bedroom 12, Bedroom 31, Bathroom 12, Bathroom 23, Bathroom 11, Bathroom 15, Bathroom 8, Bedroom 25, Bedroom 33, Bathroom 33, Bathroom 37, Bedroom 15, Bathroom 7, Bedroom 29, Bathroom 4
Parking 30
Parking features Assigned
Interior features BuiltInFeatures
Fireplace 1
Appliances Dishwasher, ElectricCooktop, GasCooktop, Disposal, Microwave, Refrigerator
Subdivision FAULKNER POINT 2
Elementary school Choice Of School
Middle school Choice Of School
High school Choice Of School
Elementary school district Garland ISD
Middle school district Garland ISD
High school district Garland ISD
Directions GPS!
Standard status Active
APN 261784800R2050000
Lot size 13.55 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

HOA Fee $6,246 Monthly

Utilities

Sewer type Public Sewer
Heating system Electric (Heating)
Cooling system Central Air
Water source Public
Water front features Lake Front
Water front 1

Amenities

gated parking
waterfront access to Lake Ray Hubbard

Building Details

Year built 1981
Floors in Building 2
Number of units 22
Flooring type Vinyl
Roof type Shingle
Listing Agency: Woodall and Co. Realty, LLC
Listed By: Cooper Johnson · License TX #0803700
Added: Aug 11 Changed: Oct 28 Last Checked: Nov 12 at 8:06PM
MLS# 21356792

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This 22-unit apartment portfolio includes 15 two-bedroom residences and 7 one-bedroom residences within a lakefront community. The property was built in 1981 and includes assigned parking, central air, electric heat, vinyl flooring, public water, and public sewer. Units feature kitchens equipped with appliances including refrigerators, dishwashers, cooktops, disposals, and microwaves. Fireplaces are also present.

Leasing includes 20 units on 12-month terms, one month-to-month tenancy, and one vacant unit. The HOA permits short-term rentals and provides gated parking and waterfront access to Lake Ray Hubbard. Capital improvements include water heaters approximately 1–2 years old in most units, HVAC systems approximately 1–2 years old in 7 units, and waterproof flooring installed within the past two years in approximately 80% of the units. Many residences also have recently replaced refrigerators.

Key Highlights

  • 22‑unit portfolio with 15 two‑bedroom and 7 one‑bedroom units
  • 20 units leased on 12‑month terms, 1 month‑to‑month lease, and 1 vacancy
  • 13.545 acres with Lake Front waterfront features

Property Analytics

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Lease Details

22
Residential units
Multi-tenant
Tenancy

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
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Market

Average Price Trend$/SF for Apartment buildings in Dallas County, TX

$251 Jul
$255 Aug
$237 Sep
$244 Oct

Properties on Market for Apartment buildings in Dallas County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Multifamily portfolio with flexible leasing options, gated parking, waterfront access, and recent updates to major building systems.
Where is this apartment building located?
The property is located at 4448 Chaha Road 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 and 7 one‑bedroom units; 20 units leased on 12‑month terms, 1 month‑to‑month lease, and 1 vacancy; 13.545 acres with Lake Front waterfront features
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