Wonderful opportunity to start or build your rental portfolio with this group of easy to lease, easy to maintain condos. This package includes 5 units in a small complex of 60 giving you the opportunity to lead the board if you would like and to be as involved as you might choose to be with the HOA. Great location near major highways and just across from Lake Ray Hubbard. Each unit has washer and dryer connections, fireplace, and a balcony or patio with additional storage. Open floor plans with kitchen overlooking the living. 4 of the five units can easily be converted to two bedrooms giving you increased rent or instant additional equity. These condos are listed at a 7 cap. You won't find a better deal. Partner is a licensed TX Real Estate Broker. Text for fastest response. See media section for financial details.
Listed by Robin Tomberlin Johnson
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Row Real Estate LLC
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214-629-5723
Last updated June 11, 2025
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Source: NTREIS #20966112
Listing Facts
TypeMulti-family
NeighborhoodFaulkner Point
Days on Prevu87
HOA/Maint. Fees$1,215/month
Amenities
Dishwasher
Pets Allowed
Parking
Location
Mortgage Calculator
Listing History
06/11/2025
Listed by Row Real Estate LLC
$620,000
Property Details for 5801 Marvin Loving Drive 311
Association
Fees
Association Fee: $1,215.00 Monthly
Association Fee Includes: Back Yard Maintenance, Front Yard Maintenance, Full Use Of Facilities, Insurance, Maintenance Grounds, Maintenance Structure, Management Fees, Sewer, Trash, Water
Exterior
Construction
Number Of Units Total: 5
Roof: Asphalt
Year Built: 1984
Year Built Details: Preowned
Construction Materials: Brick
Measurements
Building Area Total: 669
Lot Size Acres: 2.74
Lot Size Area: 2
Lot Size Square Feet: 119,572
Lot Size Units: Acres
Financial
Taxes
Parcel Number: 26264520000C00311
Interior
Features
Appliances: Dishwasher, Disposal, Electric Oven, Electric Range
Flooring: Other
Interior Features: Decorative Lighting
Other
General
Exclusions: tenants possessions
Location
Subdivision Name: Faulkner Point 9 Hillpoint Ph 02
Tax Block: 3
Tax Lot: 3
Parking
Parking
Parking Features: Additional Parking
Schools
Elementary School
Elementary School: Choice Of School
Utilities
Equipment
Cooling: Electric
Heating: Electric
Utilities: 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.