Garland, TX 75043 5505 Key Bend
$219,995
10 more
- MLS# 20878527
- 03/21/2025
Presented By: Antonio Gipson with JoGip Property Management; 972-293-5575
Disclaimer: The information contained in this listing has not been verified by Bold Real Estate and should be verified by the buyer.
Beds • 3
Baths • 2
SQFT • 1,334
Garage • 2
Year Built • 1983
Home Details
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.
Presented By: Antonio Gipson with JoGip Property Management; 972-293-5575
Interior Features for 5505 Key Bend
Bedrooms
Total Bedrooms3
Bathrooms
Half Baths0
Total Baths2
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Fireplace Y/NNo
FlooringCarpet, Laminate
Heating Y/NYes
Total Fireplaces
General for 5505 Key Bend
Additional Parcels Y/NNo
AppliancesDishwasher, ElectricRange, Disposal
Attached Garage Yes
AttributionContact972-293-5575
Cap Rate0.0
Carport Y/NNo
CityGarland
Community FeaturesSidewalks
Construction MaterialsBrick
CoolingCentralAir
CountyDallas
DirectionsFrom I-30, Turn right onto Seaport Dr, Turn left onto Locust Grove Rd. Turn left onto Key Bend
Electric On Property Y/NNo
Elementary SchoolChoice Of School
Elementary School DistrictGarland ISD
Full Baths2
Garage Spaces2.0
Garage Y/NYes
Gross Income204000.0
HOANo
HeatingCentral
High SchoolChoice Of School
High School DistrictGarland ISD
Home Warranty Y/NNo
Insurance Expense1.0
Interior FeaturesCableTv
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Legal DescriptionHALCYON VILLAS REP BLK 6 LT 14
LevelsOne
Lot Size Square Feet4486.68
Lot Size UnitsAcres
Middle/Junior High SchoolChoice Of School
Middle/Junior School DistrictGarland ISD
MobileHomeRemainsYNNo
ModificationTimestamp2025-04-09T16:29:48.647-00:00
Net Operating Income1.0
New ConstructionNo
Number Of Units Total1
Occupancy TypeTenant
Pool FeaturesNone
PossessionCloseOfEscrow
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NNo
RoofShingle
Security FeaturesSmokeDetectors
Senior Community Y/NNo
SewerPublicSewer
Standard StatusActive
StatusActive
Stories1
Subdivision NameHalcyon Villas Rep
Tax Annual Amount4257.0
Tax Lot14
UtilitiesSewerAvailable, WaterAvailable, CableAvailable
Virtual TourClick here
Waterfront Y/NNo
Year Built1983
Year Built DetailsPreowned
Exterior for 5505 Key Bend
Building Area Total1334.0
Covered Spaces2.0
Crops Included Y/NNo
FencingWood
Foundation DetailsSlab
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.103
Lot Size Area0.103
Number of Buildings1
Open Parking Y/NNo
Parking FeaturesGarage
SpaNo
Total Parking2.0
Water SourcePublic
Additional Details
Price History
Schools
High School
Choice of School High School
Middle School
Choice of School Middle School
Elementary School
Choice of School Elementary School
Suzanne Smith
Broker/Owner