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$304,000

21138 CR 4202, Chandler, TX, 75758

$395,200 ARVInfo
On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths2,100 Sq Ft
Manufactured HomeManufactured Home
price_per_sqft$144.76 / sqft
Year BuiltBuilt in 2016

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Electric Oven, Electric Range, Microwave, Tankless Water Heater

Exterior

Exterior FeaturesDeck, Rain Gutters, Storage

About this property

Enjoy Lake Palestine countryside living in this beautifully updated 3-bedroom, 2-bath home offering approximately 2,100square feet on a fully fenced 1-acre lot directly across from Brown's Landing. Take in lake views from both the front and back decks, including an impressive 47' x 12’ rear deck spanning the length of the home, perfect for entertaining or relaxing while enjoying the East Texas scenery. Inside, the open-concept layout seamlessly connects the living, dining, and kitchen areas. The kitchen features a large island ideal for gathering, while the living room is anchored by a stunning Austin stone fireplace that has been converted to gas for added convenience. Recent improvements include a new roof, tankless water heater, and fresh interior and exterior paint. The spacious primary suite offers a large walk-in closet with built-ins and French doors leading directly to the deck. Two additional sets of French doors from the living and dining areas create exceptional indoor-outdoor flow and capture the property's lake-view setting. Whether you're looking for a full-time residence, weekend getaway, or investment opportunity, this property offers incredible flexibility. Currently set up and ready to operate as a short-term rental, it provides a turnkey option for buyers seeking income-producing potential. Select furniture, décor, and furnishings are negotiable, creating the opportunity for an even smoother transition. With no HOA, minimal restrictions, convenient public lake access near by, and beautiful views of Lake Palestine, this property is the perfect blend of comfort, freedom, and East Texas lake living.

Investor Tools

$0Estimated Mortgage Balance
$304,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$395,200
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,824 /month
Positive
Cash Flow Estimate:
$608 /month

Interested in this property?

Charlene Hall

Palestine Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%

City: Chandler