5505 Key Bend Garland, TX 75043
Estimated payment $1,546/month
Total Views
18,709
3
Beds
2
Baths
1,334
Sq Ft
$161
Price per Sq Ft
Highlights
- Traditional Architecture
- 1-Story Property
- Wood Fence
- 2 Car Attached Garage
- Central Heating and Cooling System
- Carpet
About This Home
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.
Listing Agent
JoGip Property Management Brokerage Phone: 972-293-5575 License #0516424 Listed on: 05/07/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,257
Year Built
- Built in 1983
Lot Details
- 4,487 Sq Ft Lot
- Wood Fence
Parking
- 2 Car Attached Garage
Home Design
- Traditional Architecture
- Brick Exterior Construction
- Slab Foundation
- Shingle Roof
Interior Spaces
- 1,334 Sq Ft Home
- 1-Story Property
- Fire and Smoke Detector
Kitchen
- Electric Range
- Dishwasher
- Disposal
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Schools
- Choice Of Elementary School
- Choice Of High School
Utilities
- Central Heating and Cooling System
- Cable TV Available
Community Details
- Halcyon Villas Rep Subdivision
Listing and Financial Details
- Legal Lot and Block 14 / 6
- Assessor Parcel Number 26258540060140000
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $4,257 | $187,210 | $42,000 | $145,210 |
| 2023 | $4,257 | $157,230 | $42,000 | $115,230 |
| 2022 | $3,515 | $142,960 | $35,000 | $107,960 |
| 2021 | $3,272 | $124,410 | $25,000 | $99,410 |
| 2020 | $3,316 | $124,410 | $25,000 | $99,410 |
| 2019 | $3,152 | $111,740 | $25,000 | $86,740 |
| 2018 | $1,575 | $111,740 | $25,000 | $86,740 |
| 2017 | $2,745 | $97,370 | $25,000 | $72,370 |
| 2016 | $2,394 | $84,910 | $17,000 | $67,910 |
| 2015 | $1,758 | $67,060 | $17,000 | $50,060 |
| 2014 | $1,758 | $67,060 | $17,000 | $50,060 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/07/2025 05/07/25 | Price Changed | $214,995 | -2.3% | $161 / Sq Ft |
| 04/09/2025 04/09/25 | For Sale | $219,995 | 0.0% | $165 / Sq Ft |
| 04/08/2025 04/08/25 | Pending | -- | -- | -- |
| 03/21/2025 03/21/25 | Price Changed | $219,995 | 0.0% | $165 / Sq Ft |
| 03/21/2025 03/21/25 | For Sale | $219,999 | -- | $165 / Sq Ft |
Source: North Texas Real Estate Information Systems (NTREIS)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Vendors Lien | -- | None Available | |
| Special Warranty Deed | $53,000 | None Available | |
| Trustee Deed | $63,750 | None Available | |
| Warranty Deed | -- | Ctic | |
| Vendors Lien | -- | -- | |
| Warranty Deed | -- | First Land Title | |
| Trustee Deed | $115,850 | -- | |
| Vendors Lien | -- | -- | |
| Warranty Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $61,600 | New Conventional | |
| Previous Owner | $84,800 | Fannie Mae Freddie Mac | |
| Previous Owner | $74,400 | Purchase Money Mortgage | |
| Previous Owner | $54,000 | No Value Available | |
| Closed | $18,600 | No Value Available | |
| Closed | $21,200 | No Value Available |
Source: Public Records
Similar Homes in Garland, TX
Source: North Texas Real Estate Information Systems (NTREIS)
MLS Number: 20929076
APN: 26258540060140000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2025. All rights reserved
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