Location
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.
Property Details
Price:
$214,995
MLS #:
20929076
Status:
Active
Beds:
3
Baths:
2
Address:
5505 Key
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Halcyon Villas Rep
City:
Garland
Listed Date:
May 8, 2025
State:
TX
Finished Sq Ft:
1,334
ZIP:
75043
Lot Size:
4,486 sqft / 0.10 acres (approx)
Year Built:
1983
Schools
School District:
Garland ISD
Elementary School:
Choice Of School
Middle School:
Choice Of School
High School:
Choice Of School
Interior
Bathrooms Full
2
Cooling
Central Air
Flooring
Carpet, Laminate
Heating
Central
Interior Features
Cable T V Available
Number Of Living Areas
1
Exterior
Construction Materials
Brick
Fencing
Wood
Garage Length
20
Garage Spaces
2
Garage Width
20
Lot Size Area
0.1030
Financial

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Aaron a full-service broker serving the Northern DFW Metroplex. Aaron has two decades of experience in the real estate industry working with buyers, sellers and renters.
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5505 Key
Garland, TX
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