The Investor’s Dream
Instant Equity & Cash Flow – Priced for Quick Sale!
Rare chance to acquire a waterfront unit at a significant discount. While the CAD tax value is $195,000, we are asking only $159,900. This allows the buyer to build instant equity of over $35,000 while generating rental income from day one.
• Turnkey Opportunity: Renew the existing lease and start collecting rent immediately.
• Prime Waterfront: Shaded porch with lake views in a gated community behind Bass Pro Shop.
• Low Overhead: Not in a flood zone; insurance is remarkably low at ~$25/mo.
• Location: 20 mins to Dallas/Plano; 5 mins to Rockwall/Rowlett.
For sale by owner
$159,900
4452 Chaha Rd APT 202, Garland, TX 75043
2beds
956sqft
Est.:
Condo
Built in 1981
-- sqft lot
$-- Zestimate®
$167/sqft
$386/mo HOA
What's special
Gated communityPrime waterfrontWaterfront unit
What the owner loves about this home
1. True Waterfront Living — Not Just a Water View,
(* For details, send email to graceloveshiking@gmail.com with your questions and your phone for us to call you back.* )
Imagine fishing right from your own backyard and enjoying cool lake breezes from the back porch. With mature shade trees and side views of Lake Ray Hubbard, this home feels like a private lakeside retreat. Add the new city trail and world-class fishing just steps away, and it’s a dream setting for outdoor lovers.
Bonus: This unit is street-level—no downstairs access required.
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2. Unbeatable “20-Minute” Location
Exceptional connectivity puts everything within easy reach:
• 20 minutes to Downtown Dallas (via I-30)
• 20 minutes to Plano, Frisco & McKinney (via PGBT / Hwy 190)
• 5 minutes to Rowlett & Rockwall shopping and dining
• Walkable access to Bass Pro Shops, retail stores, and everyday amenities right outside your back door
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3. Rare “Off-Market” opportunity
Waterfront units in this gated community are extremely rare and seldom available for sale or lease. Finding one at this price point is truly a needle-in-a-haystack opportunity.
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4. Investor’s Goldmine — or a Smart End-User Opportunity
The numbers make this property especially compelling:
• Instant Equity: Offered at $159,900 vs. CAD tax value of $195,000
• Day-One Income Potential: Ideal for investors—renew the existing lease and generate immediate returns
• For owner-occupants, the tenant converts to month-to-month after May
• Low Holding Costs: Outside the flood zone, with insurance around just $25/month
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Additional Details
• Sold as-is; cosmetic updates needed
• Kitchen and bathroom feature durable Mexican slate flooring; laminate plank flooring throughout the rest of the unit
• Washer, dryer, and refrigerator convey
• HVAC system replaced in 2018 and in good working condition
• Priced well below market value
• Buyer to pay closing costs (approximately $2,500)
- 21 days |
- 372 |
- 16 |
Listed by:
Property Owner (818) 669-4496
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced air, Electric
Cooling
- Central
Appliances
- Included: Dishwasher, Garbage disposal, Microwave, Range / Oven, Refrigerator
Features
- Flooring: Tile, Laminate, Slate
- Basement: None
- Has fireplace: Yes
Interior area
- Total interior livable area: 956 sqft
Property
Parking
- Total spaces: 10
- Parking features: Off-street
Features
- Exterior features: Brick
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
Lot
- Size: 13.54 Acres
Details
- Parcel number: 261784800T2020000
Construction
Type & style
- Home type: Condo
Materials
- Frame
- Foundation: Slab
- Roof: Composition
Condition
- New construction: No
- Year built: 1981
Community & HOA
HOA
- Has HOA: Yes
- HOA fee: $386 monthly
Location
- Region: Garland
Financial & listing details
- Price per square foot: $167/sqft
- Tax assessed value: $195,670
- Annual tax amount: $16
- Date on market: 2/18/2026
Estimated market value
Not available
Estimated sales range
Not available
$1,568/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/18/2026 | Listed for sale | $159,900$167/sqft |
Source: Owner Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $16 | $195,670 +6.4% |
| 2024 | -- | $183,890 +2.6% |
| 2023 | -- | $179,170 |
| 2022 | $28 +103.9% | $179,170 +81.8% |
| 2021 | $14 | $98,540 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$1,370/mo
Principal & interest
$761
HOA Fees
$386
Property taxes
$223
More affordability tools
Climate risks
Neighborhood: 75043
Nearby schools
GreatSchools rating
- 1/10Glen Couch Elementary SchoolGrades: 2-5Distance: 1.6 mi
- 3/10Lyles Collegiate Middle SchoolGrades: 6Distance: 2.9 mi
- 5/10Rowlett High SchoolGrades: 9-12Distance: 1.9 mi



