Date
Details
Price
Change
Source
1/28/2026
Listed
$720,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$720,000 Just Listed
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Property Description
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.
Full Property Details
Full Property Details for 5218 Lake Terrace Ct
General
- Price: $720,000
- HOA FEE: $78/month
- HOA FEE FREQ.: Annually
- Status: Active
- Type: Single Family
- Source: NTREIS
- MLS ID: 21164609
- Updated: Today (1/28/2026)
- Added to Site: Today
Interior
- Interior Features: Built-in Features, Decorative/Designer Lighting Fixtures, High Speed Internet, Multiple Staircases, Cable TV
- Appliances: Dishwasher, Electric Cooktop, Electric Oven, Disposal, Microwave
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 3
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 4
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Parking Features: Garage Faces Front, Garage, Garage Door Opener
Location
- County: Dallas
- Subdivision: Lake Terrace 2nd Rep
- Driving Directions: Prefer Your GPS
School Information
- Elem School District: Garland ISD
- Midd School District: Garland ISD
- High School District: Garland ISD
- Elementary School: Choice Of School
- Middle School: Choice Of School
- High School: Choice Of School
Community
- Association: Yes
- Assoc. Name: Home of Lake Terrace
- Assoc. Fees Include: All Facilities, Association Management, Trash
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Sewer Available, Water Available, Cable Available
Structural Information
- Architectural Style: Detached
- Structure Type: House
- Detached/Attached: Attached
- Stories/Levels: 2
- Living Area: 3,622 Sq. Ft.
- Year Built: 2006
Lot Features
- Lot Size (Acres): 0.142
- Lot Size (Sq. Ft.): 6,185.52
Water Features
- Water Front: Yes
- Water Front Desc.: River Front
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Association Fee: $935
- Assoc Fee Freq.: Annually
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Legal Description: LAKE TERRACE REP BLK 2 LT 10
- Property ID: 26303760020100000
- Block: 2
- Lot Number: 10
Listed by Exp Realty, Loan Pham
We Value Your Privacy
We Value Your Privacy
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Listing agent
— 5218 Lake Terrace Ct —
Loan Pham
Exp Realty
972-679-7345
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 5218 Lake Terrace Ct
School District:Garland Independent School District
| Name | Grades | Distance |
|---|---|---|
Glen Couch Elementary School 4349 Waterhouse Boulevard, Garland, TX 75043 | 2-5 | 1.1 mi |
Couch Collegiate Prep Elementary School 4349 Waterhouse Boulevard, Garland, TX 75043 | PK-1 | 1.1 mi |
Toler Elementary School 3520 Guthrie Road, Garland, TX 75043 | PK-5 | 2.1 mi |
Lyles Middle School 4655 South Country Club Road, Garland, TX 75043 | 7-8 | 2.5 mi |
Coyle Middle School 4500 Skyline Drive, Rowlett, TX 75088 | 7-8 | 3.4 mi |
Classical Center At Brandenburg Mi 626 Nickens Road, Garland, TX 75043 | 6-8 | 3.8 mi |
Lakeview Centennial High School 3505 Hayman Drive, Garland, TX 75043 | 9-12 | 1.6 mi |
Rowlett High School 4700 Kirby Road, Rowlett, TX 75088 | 9-12 | 2.3 mi |
Garland High School 310 South Garland Avenue, Garland, TX 75040 | 9-12 | 6.9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5218 Lake Terrace Ct
Tax History
Tax History for 5218 Lake Terrace Ct
Year
Property Taxes
Change
Tax Assessment
Change
2024
$10,310
-1%
$629,710
—
2024
$10,373
-18%
$629,710
13%
2023
$12,702
10%
$555,110
18%
2022
$11,572
21%
$468,710
15%
2021
$9,575
-1%
$406,830
—
2020
$9,697
-18%
$406,830
-4%
2019
$11,864
-14%
$422,770
-13%
2018
$13,744
9%
$487,190
9%
2017
$12,636
—
$447,860
—
2016
$12,627
21%
$447,860
17%
2015
$10,423
5%
$383,100
—
2013
$9,967
—
$383,100
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5218 Lake Terrace Ct
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5218 Lake Terrace Court, Garland, TX 75043 (MLS# 21164609) is a Single Family property with 4 bedrooms, 3 full bathrooms and 1 partial bathroom. 5218 Lake Terrace Court is currently listed for $720,000 and was received on January 28, 2026. Want to learn more about 5218 Lake Terrace Court? Do you have questions about finding other Single Family real estate for sale in Garland? You can browse all Garland real estate or contact a Coldwell Banker agent to request more information.