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Garland 75043 Crystal
5402 Peninsula Way
$370,000
● House - Off Market

5402 Peninsula Way

Garland, TX 75043
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,785 Ft²
$2,650
Est. Monthly

About This Property

Homes like this don't come along often on Rockwall lake. Fully renovated just a few years ago and a proven Airbnb performer with years of strong, steady income, this one is ready for its next chapter...your family's home, your smartest investment, or both.

Tucked against an expansive greenbelt with views of the lake, the backyard is where this home truly shines. A sparkling private pool anchors the patio, framed by a shaded pergola,  a quiet retreat where the only neighbors behind you are trees, water, and Texas sunsets.

Inside, soaring vaulted ceilings, wood-look tile, and walls of windows fill the open living and dining areas with natural light. The showstopping floral accent wall with its neon 'Hello Gorgeous' sign has made this home instantly recognizable to guests, and endlessly photogenic. The kitchen pairs warm wood cabinetry with black granite, stainless appliances, and a bay window framing the lake, while the skylit dining space seats eight with French doors opening straight to the pool.

And yes, it comes with the arcade. A dedicated game room loaded with classic arcade cabinets, air hockey, and shuffleboard has been a guest favorite for years and sets this property apart from everything else on the lake.

Spacious bedrooms include a serene king suite with sitting area and backyard access, plus a bunk room guests love. The spa-inspired primary bath features dual vanities and an oversized walk-in shower with two showerheads, a built-in bench, and a gorgeous arched stained-glass window.

Lake views, greenbelt privacy, resort-style pool, and documented short-term rental income, flexibility and lifestyle that rarely hit the market in Rockwall. Come experience it in person at the open house.
Unit Size
1,785 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$232
Property Type
House
Property Taxes
$617
HOA Dues
-
Year Built
1983

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Last updated: 2 months ago (NTREIS #21330332)

Price History

Date / Event Date Event Price
Oct 1, 2026 Sold
Sold
Sep 8, 2026 In contract -
In contract
Aug 29, 2026 Price Decreased $413,999
↓ $1 (0%)
Price Decreased
Aug 16, 2026 Price Decreased $414,000
↓ $5K (1.2%)
Price Decreased
Jul 13, 2026 Listed by BLVD Group $419,000
Listed by BLVD Group
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Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 1983
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 3
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 462
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 2

    Dimensions

  • Lot Size Square Feet: 10,001
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 750
  • Total Building Area: 2,247
  • Building Area: 1,785
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,785
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 5
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ANCHOR POINT
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: A11
  • State Land Use Code: A11
  • Legal Description 1: ANCHOR POINT BLK 2 LT 12 INT201900027463 DD01252019 CO-DC 0046002001200 1CG00460020

Neighborhood

  • School District Name: Garland Independent School District
  • School Tax School District: GARLAND ISD
  • Census Tract: 018142

Zoning

  • Zoning: Z390

Geography

  • Assessors Map Reference: 260046002001200
  • Account Number: 260046002001200
  • Subdivision Tract Number: 460
  • Parcel: 26-00460-020-012-0000
  • Block: 2
  • Lot: 12
  • Municipality: GARLAND
  • Latitude: 32.8507
  • Longitude: -96.5502

    Address

  • Full Address: 5402 Peninsula Way
  • Address - House Number: 5402
  • Address - Street Name: Peninsula
  • Address - Suffix Type: Way
  • State: TX
  • City Name: Garland
  • Carrier Code: C077
  • 4-Digit Zip Code: 4289
  • Zip Code: 75043

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $708,309
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: GS

    Appraisal Valuation

  • Standard Deviation: 0.2264
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 68
  • Final Value: 369,677
  • High Value: 453,395
  • Low Value: 285,959

    Market Valuation

  • Market Total Value: $286,900
  • Market Land Value: $54,000
  • Market Improvement Value: $232,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $286,900
  • Assessed Land Value: $54,000
  • Assessed Improvements Value: $232,900

    Sales

  • Current Sale Contract Date: Mar 29, 2002
  • Current Sale Recording Date: Apr 08, 2002
  • Current Sale Price:
  • Current Sale Document Type: 70
  • Previous Sale Recording Date: May 18, 2001
  • Previous Sale Contract Date: Apr 26, 2001
  • Previous Sale Amount: $150,800
  • Previous Sale Document Type: 70

    Financing

  • First Mortgage Financing Type: ADJ
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Crystal


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Nearby Rentals

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1910 Lombard Street, Garland, TX, 75043 Listing by Melissa Blazek
Unit for rent at 1205 Marc Place, Rowlett, TX, 75088

$3,900 /mo

  • 4 Beds
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  • 2,261 ft²
1205 Marc Place, Rowlett, TX, 75088 Listing by Hung Dinh


Frequently Asked Questions

When was property at 5402 Peninsula Way built and last sold?
The property at 5402 Peninsula Way was built in 1983 and last sold on Mar 29, 2002 for $154,800.
How much is this home worth?
The estimated value of the home located at 5402 Peninsula Way is $417,363.
What are some comparable homes to 5402 Peninsula Way?
There are currently no comparable homes to 5402 Peninsula Way.