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Lakefront Apartment Building Portfolio
For Sale
$3,600,000

4448 Chaha Road, Garland, TX 75043

ResidentialIncome, Garland, TX

Property SizeContact for details
Lot Size13.55 Acres
Days on Market27

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 13, Bedroom 37, Bathroom 37, Bathroom 25, Bathroom 3, Bedroom 21, Bedroom 32, Bathroom 9, Bedroom 36, Bathroom 22, Bathroom 20, Bathroom 24, Bathroom 30, Bedroom 11, Bathroom 19, Bedroom 33, Bedroom 12, Bedroom 24, Bedroom 8, Bedroom 35, Bathroom 2, Bathroom 13, Bedroom 29, Bedroom 6, Bathroom 27, Bathroom 17, Bathroom 29, Bathroom 21, Bedroom 16, Bedroom 26, Bedroom 14, Bedroom 31, Bedroom 4, Bathroom 28, Bathroom 7, Bathroom 8, Bedroom 15, Bathroom 11, Bathroom 1, Bedroom 10, Bedroom 30, Bathroom 15, Bedroom 23, Bathroom 23, Bathroom 35, Bedroom 7, Bedroom 20, Bedroom 18, Bedroom 22, Bedroom 3, Bedroom 27, Bathroom 18, Bathroom 33, Bedroom 1, Bathroom 31, Bedroom 5, Bedroom 19, Bedroom 28, Bedroom 2, Bedroom 25, Bathroom 16, Bedroom 9, Bathroom 12, Bedroom 34, Bathroom 14, Bathroom 4, Bathroom 32, Bathroom 10, Bathroom 36, Bathroom 26, Bathroom 34, Bedroom 17, Bathroom 5, Bathroom 6
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

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

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 #0803700
Added: Aug 11 Changed: Sep 6 Last Checked: Sep 6 at 3:06AM
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.

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

Current Use

Apartment buildings

Suggested Use

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

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

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?
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
More about this property
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