4492 Chaha Rd, Unit 102

$3,999,900
Price
—
Beds
—
Baths
943 Sq. Ft.
$4,242 / Sq. Ft.
943
Sq. Ft.
$4,242
per Sq. Ft.

Description

The BEST opportunity to own a group of condos right on Lake Ray Hubbard. Included in this package 25 individual units. 22 of the 25 units are lakefront making them the most desirable units in the entire complex. The location is ideal and just seconds away from I30, George Bush HWY, Bass Pro Shop, Restaurants and more! All units have either tile flooring through out or luxury vinyl plank flooring. All carpet has been removed from every unit. There are 17 units that are 2 bedroom, 2 full bath and 8...The BEST opportunity to own a group of condos right on Lake Ray Hubbard. Included in this package 25 individual units. 22 of the 25 units are lakefront making them the most desirable units in the entire complex. The location is ideal and just seconds away from I30, George Bush HWY, Bass Pro Shop, Restaurants and more! All units have either tile flooring through out or luxury vinyl plank flooring. All carpet has been removed from every unit. There are 17 units that are 2 bedroom, 2 full bath and 8 units are 1 bedroom, 1 full bath. Short term rentals are allowed by the HOA so Airbnb is allowed. All units are currently leased out providing immediate cash flow. All units have a wood burning fireplace, full size washer dryer connections, appliances, covered patio and outdoor storage closet. Tenants pay electricity, cable and internet. All other utilities and exterior maintenance are covered by the HOA dues. A must see!
  1. Listed by Matthew Johns • TREC #0616310 • Keller Williams Rockwall • 972-772-7000

Property Details for 4492 Chaha Road, Unit 102

Subdivision Name
Faulkner Point 01
HOA Management Company
Faulkner Point HOA
Pool
Yes
Number Of Parking Spaces
42
LISTING UPDATED: 10/06/2025 10:18 AM

Property Details for 4492 Chaha Road, Unit 102

StatusActive
MLS #20988754
Days on Market184
Taxes-
HOA Fees$7,170 / month
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Multiple Single Units
Year Built1981
Lot Size13.54 AC / 590,020 SF
CountyDallas County

Location

Listing Courtesy of Keller Williams Rockwall, Matthew Johns
Add your commute

Building Information for 4492 Chaha Road, Unit 102

Stories2Residences25Year Built1981Building Size-Lot Size13.54 AC / 590,020 SF

Payment Calculator

$27,013 per month

30 year fixed, 6.15% Interest

Principal and Interest

$19,495

Property Taxes

$348

HOA Dues

$7,170

The Payment Calculator is for illustrative purposes only.

Property Information for 4492 Chaha Road, Unit 102

Summary
Location and General Information
  • Community Features: Community Pool
  • Complex Name: Faulkner Point
  • Directions: Follow GPS
  • Elementary School: Choice Of School
  • Elementary School Name: Choice Of School
  • High School: Choice Of School
  • High School Name: Choice Of School
  • Middle School: Choice Of School
  • Year Built Details: Preowned
  • School District: Garland ISD
  • Geocode Confidence: High
  • Latitude: 32.86
  • Longitude: -96.54
  • State: Texas
Parking
  • Parking Features: Open
Taxes and HOA Information
  • Tax Legal Description: FAULKNER POINT 1 CONDOS BLDG W UNIT 102 CE 0.
  • Association Fee Includes: Maintenance Grounds, Management Fees, Water
  • Association Type: Mandatory
  • HOA Management Company Phone: 000-000-0000
  • Association Fee: $7,170.00
  • Association Fee Frequency: Monthly
Virtual Tour
Interior and Exterior Features
Interior Features
  • Fireplace Features: Wood Burning
  • Fireplaces Total: 1
  • Flooring: Ceramic Tile, Luxury Vinyl Plank
  • Heating: Electric
  • Interior Features: Cable TV Available, Granite Counters, High Speed Internet Available
  • Appliances: Dishwasher, Disposal
  • Cooling: Electric
  • Smart Home Features Appor Pass Y: No
Exterior Features
  • Building Area Source: Assessor
  • Construction Materials: Brick
  • Exterior Features: Balcony, Covered Patio/Porch
  • Foundation Details: Slab
  • Number Of Stories: 2
  • Pool Features: In Ground
  • Roof: Composition
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Number Of Units Total: 25
  • Levels: Two
Property
Utilities
  • Utilities: Cable Available, City Sewer, City Water
Property and Assessments
  • Financing Proposed: Cash, Conventional
  • Handicap: No
  • Loan Type: Treat As Clear
  • Security Features: Smoke Detector(s)
  • Property Match: APN
Lot Information
  • Lot Size: Condo/Townhome Lot
  • Lot Size Acres: 13.545
  • Lot Size Area: 13.545
  • Lot Size Units: Acres
  • Lot Size Square Feet: 590020.2
  • Multi Parcel ID: Yes
  • Parcel Number: 261785500W1020000
Multi Family
Multi-Family Information
  • Number Of Buildings: 5
  • Capitalization Rate: 5.54%
  • Gross Annual Expenses: $177,888
  • Gross Annual Income: $399,300
  • Insurance Expense: $0
  • Net Operation Income: $221,412.00
Unit 1
  • Approximate SQFT: 943.0
  • Average Lease Amount: $1,600.00
  • Dining Area Length: 9.0
  • Dining Area Width: 8.0
  • Kitchen Length: 10.0
  • Kitchen Width: 8.0
  • Living Area Length: 17.0
  • Living Area Width: 13.0
  • Master Bed Length: 13.0
  • Master Bed Width: 11.0
  • Number Of Baths Full: 2
  • Number Of Baths Half: 0
  • Unit Type Type: 2 Bedroom
  • Unit Type Units Total: 17
Unit 2
  • Approximate SQFT: 670.0
  • Average Lease Amount: $1,100.00
  • Dining Area Length: 9.0
  • Dining Area Width: 8.0
  • Kitchen Length: 10.0
  • Kitchen Width: 8.0
  • Living Area Length: 17.0
  • Living Area Width: 13.0
  • Master Bed Length: 13.0
  • Master Bed Width: 11.0
  • Number Of Baths Full: 1
  • Number Of Baths Half: 0
  • Unit Type Type: 1 Bedroom
  • Unit Type Units Total: 8

Property History for 4492 Chaha Road, Unit 102

DateEvent & SourcePriceAppreciation
Oct 6, 2025

Price Change

NTREIS #20988754

$3,999,900—
Jul 8, 2025

Listed (Active)

NTREIS #20988754

$4,250,000—
DateEvent & SourcePrice
10/06/2025

Price Change

NTREIS #20988754

$3,999,900
07/08/2025

Listed (Active)

NTREIS #20988754

$4,250,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 4492 Chaha Road, Unit 102

Taxable ValueLand-Additions-Total-
Tax Record2024$4,181 ($348 / month)
Home Facts
Beds2Baths2Total Finished SqFt943 SqFtAbove Grade Finished SqFt943 SqFtStories1Lot Size590,020 SqFtStyleSingle Family ResidenceYear Built1981ZoningZ239CountyDALLASAPN261785500W1020000Fireplace TypeHas Fireplace

Schools near 4492 Chaha Road, Unit 102

This home is within Garland Independent School District.
Rating
School
Type
Grades
Distance
Public - 2 to 5
Public - 6
Public - 9 to 12
Public - PK to 1
Rating
School
Distance
Glen Couch Elementary School
Public2 to 5

LYLES MIDDLE CO
Public6

Lakeview Centennial High School
Public9 to 12

Couch Collegiate Prep Elementary School
PublicPK to 1

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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4492 Chaha Road, Unit 102 is a multi-family home for sale in Garland, TX 75043. This property was listed for sale on July 8, 2025 by Keller Williams Rockwall, it's currently listed at $3,999,900. This listing's school district is Garland Independent School District. Nearby schools include Glen Couch Elementary School, LYLES MIDDLE CO and Lakeview Centennial High School. 4492 Chaha Road, Unit 102 is a 0-bed, 0-bath, 943 sqft multi-family home built in 1981.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Keller Williams Rockwall, Matthew Johns

The information being provided by North Texas Real Estate Information Systems (NTREIS) and Greater Tyler Association of REALTORS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. This website may reference real estate listing(s) held by a brokerage firm other than Compass. Any information relating to real estate for sale in Dallas, Texas comes from NTREIS. Listings marked with an icon are provided courtesy of the NTREIS Internet Data Exchange database. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be verified through personal inspection by and/or with appropriate professionals.The data contained herein is copyrighted by NTREIS and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 North Texas Real Estate Information Systems. All rights reserved. Date last updated: 10/06/2025 10:18 AM