mul Real Estate

mul Real Estate

Welcome to your new home in Texas, where the charm of the Lone Star State meets the convenience of modern living! This stunning multifamily property offers an exceptional investment opportunity for both seasoned investors and first-time buyers looking to enter the real estate market. Nestled in a vibrant community, this multifamily dwelling is designed to cater to a diverse range of lifestyles, providing a perfect blend of comfort and functionality.

Texas is known for its rich history, warm climate, and friendly atmosphere, making it an ideal location for families and individuals alike. The multifamily property is strategically situated near bustling urban centers, offering easy access to shopping, dining, and entertainment options. With excellent schools and parks nearby, residents will enjoy a family-friendly environment that promotes a sense of community.

Each unit within the property has been thoughtfully designed with open-concept living spaces, modern amenities, and ample natural light. Whether you’re looking to create a cozy sanctuary for yourself or provide a welcoming home for tenants, this multifamily property has it all. The outdoor spaces are equally impressive, featuring landscaped gardens and communal areas perfect for relaxation and socializing.

Investing in this multifamily property not only secures a valuable asset but also opens the door to the thriving Texas rental market. With a growing population and strong demand for housing, your investment is poised for success. Don’t miss out on this incredible opportunity to own a piece of Texas real estate that promises both comfort and profitability!

Newest Listings in mul

$3,600,000
37 Beds 37 Baths 21356792 MLS
Rare investment opportunity to acquire a 22-unit portfolio in a lakefront community on Lake Ray Hubbard, offering substantial ownership within the HOA. The portfolio consists of 15 two-bedroom units and 7 one-bedroom units, with 20 units currently leased on 12-month terms, one unit leased month-to-month, and just one vacancy. Current monthly rental income totals approximately $30,170.75, providing strong in-place cash flow with additional upside through filling the vacant unit and future rent increases across several leases. The portfolio has also benefited from significant recent capital improvements. Most water heaters are approximately 1–2 years old, 7 units have HVAC systems approximately 1–2 years old, and roughly 80% of the units have received waterproof flooring within the past two years. Many units also feature recently replaced refrigerators. The HOA permits short-term rentals, providing investors with additional flexibility and the potential to generate premium rental income through alternative leasing strategies. Community amenities include gated parking and waterfront access to Lake Ray Hubbard, while the location offers convenient highway access and close proximity to Rockwall Harbor, shopping, dining, and other major retail destinations. School choice is another notable benefit of the location, with access to several highly rated schools and educational programs. With strong existing occupancy, long term tenants, immediate cash flow, recent improvements, rental upside, and flexible leasing options, this portfolio presents a rare opportunity to acquire significant scale within a single lakefront community.

4448 Chaha Rd, Garland, TX

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Listings provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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