$214,995

5505 Key, Garland, TX 75043

  • 3 beds |
  • 2 baths |
  • 1,334 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1983
  • Property Lot Size Icon4,487sqft lot
  • Property Parking Icon 2 car garage
  • Property Price Per Square Feet Icon $161/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

INVESTORS ONLY: Prime Garland, TX Investment Property! This 3-bedroom, 2-bathroom home with a 2-car garage in Garland, TX, is an excellent investment opportunity. Located near the desirable Lake Ray Hubbard area and offering quick access to I-30, this property combines convenience and practicality. The home features an open floor plan, all-electric appliances, a spacious kitchen with skylights that bring in natural light, and a cozy wood-burning fireplace. Ceiling fans throughout the home provide a refreshing atmosphere, while full washer and dryer connections add to its functionality. The property boasts a mix of laminate, ceramic tile, and carpet flooring, as well as a large backyard with a patio perfect for outdoor gatherings. Currently generating $1,700 per month in rental income—slightly below market rate—this property offers potential for future rent adjustments. With a long-term tenant of over 10 years already in place, this home provides immediate rental income and stability for investors. Its location in a growing area near Lake Ray Hubbard makes it an attractive option for tenants and ensures strong demand in the future. Don’t miss out on this exceptional opportunity to add a reliable income-generating property to your portfolio.

Listing Status:
Active
Listing Office:
JoGip Property Management : 972-293-5575
Listing Agent:
Antonio Gipson : 972-293-5575
MLS ID:
20929076
  • General: Cable TV
  • Appliances: DishwasherElectric RangeDisposal
  • Flooring: CarpetLaminate
  • A/C: Central Air
  • Heating: Central
  • Fireplace: Fireplaces: 0

This listing courtesy of Antonio Gipson, JoGip Property Management

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

C

Couch Elementary School

4349 Waterhouse Blvd, Garland, TX, 75043

Grades 2-5

1.01 miles away

L

Lyles Middle School

4655 S Country Club Rd, Garland, TX, 75043

Grades 7-8

2.39 miles away

L

Lakeview Centennial High School

3505 Hayman Dr, Garland, TX, 75043

Grades 9-12

1.54 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

Similar Listings Nearby