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5218 Lake Terrace Court

Garland, TX 75043

Listing courtesy of Loan Pham, EXP REALTY

$720,000
Active
Beds
4
Baths
4
Sqft
3,622
Year Built
2006

About this home

Wake up to water. Come home to serenity. This one-of-a-kind residence offers unobstructed, panoramic lake views that simply don’t exist anywhere else in the neighborhood. Step onto your oversized back deck and experience a front-row seat to sunrise mornings, golden-hour evenings, and the peaceful breeze rolling off the water. With no rear neighbors and a wide open greenbelt behind you, this home delivers a rare sense of privacy, space, and resort-style living. Whether you’re hosting friends, enjoying quiet coffee moments, or watching the sky melt into the lake, the backdrop is always unforgettable. Even better—this property makes an exceptional short-term rental opportunity. The stunning view, peaceful setting, and unique outdoor space make it the kind of listing guests actively seek out and remember. Homes like this don’t come around often—this is your chance to own a lakeview lifestyle, not just a home, with the added benefit of strong rental potential.

Schools

Elementary
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Middle
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High
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School assignments per NTREIS. Confirm current attendance zones with the district before relying on them.

Property details

MLS #
21164609
Property Type
Residential
Status
Active
County
Dallas
Subdivision
Lake Terrace 2nd Rep
Lot Size
6,185.52 sqft
Garage
2-car
HOA Dues
$935/yr
Days on Market
114 days
Listed
Jan 28, 2026
Price per Sqft
$199

Estimate your monthly payment

Estimate only, not a loan offer. Taxes, insurance, and HOA are approximate.

$5,200/mo
Principal & interest
$3,832
Property taxes (est.)
$1,080
Homeowner's insurance (est.)
$210
HOA dues
$78

Based on a 30-year fixed loan. Talk to a lender for an accurate quote.

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IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed accurate by the MLS.

Listing data via NTREIS · Data refreshed Jan 28, 2026