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!
Listed by Matthew Johns
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Keller Williams Rockwall
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972-772-7000
Last updated July 29, 2025
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Source: NTREIS #20988754
Listing Facts
TypeMulti-family
NeighborhoodFaulkner Point
Days on Prevu61
HOA/Maint. Fees$7,170/month
Amenities
Dishwasher
Pets Allowed
Parking
Swimming Pool
Location
Mortgage Calculator
Listing History
07/08/2025
Listed by Keller Williams Rockwall
$4,250,000
Property Details for 4492 Chaha Road 102
Association
Amenities
Community Features: Community Pool
Fees
Association Fee: $7,170.00 Monthly
Association Fee Includes: Maintenance Grounds, Management Fees, Water
Exterior
Construction
Number Of Units Total: 25
Roof: Composition
Year Built: 1981
Year Built Details: Preowned
Construction Materials: Brick
Exterior Features: Balcony, Covered Patio/Porch
Features
Pool Features: In Ground
Waterfront Features: Lake Front
Waterfront: Yes
Measurements
Building Area Total: 943
Lot Size Acres: 13.54
Lot Size Area: 13
Lot Size Square Feet: 590,020
Lot Size Units: Acres
Financial
Taxes
Parcel Number: 261785500W1020000
Interior
Features
Appliances: Dishwasher, Disposal
Fireplace Features: Wood Burning
Fireplaces Total: 1
Flooring: Ceramic Tile, Luxury Vinyl Plank
Interior Features: Cable TV Available, Granite Counters, High Speed Internet Available
Other
Location
Subdivision Name: Faulkner Point 01
Parking
Parking
Parking Features: Open
Schools
Elementary School
Elementary School: Choice Of School
Utilities
Equipment
Cooling: Electric
Heating: Electric
Utilities: Cable Available, City Sewer, City Water
Based on information from NTREIS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.