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A Condo Idea in Texas - $39,000

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What can you get in Texas for $39,000? We found this Condo in Garland right by the lake - it's very well maintained and have nice layout.

Property Description

Newly remodeled 1 bedroom, 1 bathroom, first floor unit that is close to Lake Ray Hubbard and lots of shopping. The quaint condo has new tile in the dining area and new carpet through out with newer appliances.

Pool just steps away from patio with excellent view during dinner time. Condo includes fireplace and assigned parking space for your buyers convenience. Minutes from I-30 and GB Freeway for your commuting convenience.

Special Point: Very close to the lakeside – nice environment. HOA inclProperty Description

Newly remodeled 1 bedroom, 1 bathroom, first floor unit that is close to Lake Ray Hubbard and lots of shopping. The quaint condo has new tile in the dining area and new carpet through out with newer appliances.

Pool just steps away from patio with excellent view during dinner time. Condo includes fireplace and assigned parking space for your buyers convenience. Minutes from I-30 and GB Freeway for your commuting convenience.

Special Point: Very close to the lakeside – nice environment. HOA includes all the exterior maintenance, large swimming pool for the community, newly updated and close to shopping and schools.

Schools: Garland ISD can choose your own school.

SqFt: 657* / Tax

Yr Blt: 1983* / Preowned

Bedrooms: 1

Bathrooms: 1

Unexempt Taxes: $598*

HOA Fees: $189 / Month

Estimated Rental: $580 to $600 per month

Listing Price: $39,000

Financial Pro Forma (Est Only)

Gross Income (Assuming $600/mth): $7,200

Expenses:

HOA: $2,268

Tax: $598

Management Fee: $720

Insurance: $300

NOI: $3,314

**Excluding maintenance items, allowance for vacancy period**

Gross Yield: 18.4%

NOI Yield: 8.5% or Lower

Crime Rate: Low

CLICK HERE TO SEE PHOTOS

Thomas Su

Realtor

Keller Williams Realty

18383 Preston Rd. Suite 150 Dallas TX 75252

Email: rwpglobal@gmail.com

Phone: (469) 347 1839

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