Garland, TX 75043 5801 Marvin Loving Drive # 311
$620,000



3 more




Presented By: Robin Tomberlin Johnson with Row Real Estate LLC;
Disclaimer: The information contained in this listing has not been verified by Bold Real Estate and should be verified by the buyer.
Home Details
Wonderful opportunity to start or build your rental portfolio with this group of easy to lease, easy to maintain condos. This package includes 5 units in a small complex of 60 giving you the opportunity to lead the board if you would like and to be as involved as you might choose to be with the HOA. Great location near major highways and just across from Lake Ray Hubbard. Each unit has washer and dryer connections, fireplace, and a balcony or patio with additional storage. Open floor plans with kitchen overlooking the living. 4 of the five units can easily be converted to two bedrooms giving you increased rent or instant additional equity. These condos are listed at a 7 cap. You won't find a better deal. Partner is a licensed TX Real Estate Broker. Text for fastest response. See media section for financial details.
Presented By: Robin Tomberlin Johnson with Row Real Estate LLC;
Interior Features for 5801 Marvin Loving Drive # 311
Bathrooms
Total Baths
Other Interior Features
FlooringOther
Interior FeaturesDecorative Lighting
Lock Box TypeNone
Total Units5
Unit Count1
General for 5801 Marvin Loving Drive # 311
# of Buildings6
AppliancesDishwasher, Disposal, Electric Oven, Electric Range
Assoc Fees1215
Association Fee FrequencyMonthly
Capitalization Rate7.17
CityGarland
Complex NameHillpoint
Construction MaterialsBrick
CoolingElectric
CountyDallas
DirectionsBass Pro Drive to Chaha to Marvin Loving. Hillpoint Condominums
Elementary SchoolChoice Of School
Elementary School NameChoice Of School
Exclusionstenants possessions
Gross Annual Expenses6192.00
HOA Fee IncludesBack Yard Maintenance, Front Yard Maintenance, Full Use of Facilities, Insurance, Maintenance Grounds, Maintenance Structure, Management Fees, Sewer, Trash, Water
HOA TypeMandatory
HeatingElectric
High SchoolChoice Of School
Insurance Expense0
LevelsTwo
Pool Y/NYes
PossessionClosing/Funding
Property SubtypeMultiple Single Units
Property TypeResidential Income
RoofAsphalt
School DistrictGarland ISD
Standard StatusActive
StatusActive
Subdivision NameFaulkner Point 9 Hillpoint Ph 02
Unexempt Taxes2486
Unit Number311
UtilitiesCity Sewer, City Water
Virtual Tour URL UnbrandedClick here
Will SubdivideNo
Year Built1984
Year Built DetailsPreowned
Exterior for 5801 Marvin Loving Drive # 311
Building Area Total669.00
Foundation Slab
Lot Size Acres2.7450
Lot Size Area2.7450
Lot Size Square Feet119572.2000
Lot Size UnitsAcres
Number Of Parking Spaces6
Parking FeaturesAdditional Parking
Additional Details
Price History
Schools
Elementary School
Choice of School Elementary School
High School
N/A
Middle School
N/A

Suzanne Smith
Broker/Owner