Garland, TX 75043 5505 Key Bend

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Presented By: Antonio Gipson with JoGip Property Management; 972-293-5575
  • MLS# 20878527
  • 03/21/2025
  • Request Tour
  • Request Info
  • Beds • 3
  • Baths • 2
  • Garage • 2

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

Unit Count1
Fireplaces Total0
Lock Box TypeOther
Basement Y/NNo
FlooringCarpet, Laminate
Interior FeaturesCable TV Available
Total Units1

General for 5505 Key Bend

# of Buildings1
AppliancesDishwasher, Disposal, Electric Range
Capitalization Rate0.00
CityGarland
Complex NameHalcyon Villas Rep
Construction MaterialsBrick
CoolingCentral Air
CountyDallas
DirectionsFrom I-30, Turn right onto Seaport Dr, Turn left onto Locust Grove Rd. Turn left onto Key Bend
Elementary SchoolChoice Of School
Elementary School NameChoice Of School
Full Baths2
Gross Annual Expenses1.00
HOA TypeNone
HeatingCentral
High SchoolChoice Of School
Insurance Expense1
LevelsOne
Number of Garage Spaces2
Occupant TypeTenant
Operating Expense IncludesMaintenance
Pool Y/NNo
PossessionClosing/Funding
Property SubtypeMultiple Single Units
Property TypeResidential Income
RoofShingle
School DistrictGarland ISD
Security FeaturesSmoke Detector(s)
Standard StatusActive
StatusActive
Subdivision NameHalcyon Villas Rep
TenancyLease While on Market, No Smoking, No Sublease, Over 9 Months
Unexempt Taxes4257
UtilitiesCable Available, City Sewer, City Water, Sidewalk
Virtual Tour URL UnbrandedClick here
Will SubdivideNo
Year Built1983
Year Built DetailsPreowned

Exterior for 5505 Key Bend

Attached Garage Y/NYes
Building Area Total1334.00
Covered Spaces2
FencingWood
Foundation Slab
Garage Length20
Garage Width20
Garage Y/NYes
Lot Size Acres0.1030
Lot Size Area0.1030
Lot Size Square Feet4486.6800
Lot Size UnitsAcres
Number Of Parking Spaces2
Parking FeaturesGarage
WaterfrontNo

Additional Details

Price History

Schools

Elementary School Choice of School Elementary School
High School N/A
Middle School N/A

Vanessa Thomas

Texas Licensed Real Estate Agent
Price $214,995
MLS#20878527
List Date 03/21/2025
Property Type Multi-Family
Phone 254.350.6763
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Request Info
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