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Days14Days on Market
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$2,300,000

21277 Joe Paul Lane, Chandler, TX, 75758

On MarketInfo
Just AddedInfo
Baths0 Bath

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Exterior FeaturesLighting, Private Yard, RV Hookup

Land Information

APN2822-0001-0310-10
Lot Number31
SubdivisionGale Ridge Addition (73)
Land UseVacant Land
Legal DescriptionLT 31 AB 374 M HENDERSON SUR, GALE RIDGE ADDN, BLK 1 LT 31, E/48----(I/O) #2822-0001-031A-10
Census Tract950102
Assessed Land Value$12,000
Assessment Year2025

About this property

Create the next premier destination on Lake Palestine. Spanning approximately 26 ag-exempt acres with roughly 600 feet of shoreline, this rare waterfront offering presents endless possibilities for investors, developers, entrepreneurs, or those seeking to establish a private legacy estate. The property features a modern lakeside residence, waterfront gazebo and pier, stock pond, public water, electric service, and a private trail system winding through mature East Texas timber. From a boutique resort, luxury cabin retreat, RV destination, wedding venue, wellness retreat, or income-producing short-term rental community to a multigenerational family compound, the canvas is already in place. Large-acreage waterfront tracts of this scale and flexibility rarely come to market, making this one of the most compelling development opportunities currently available on Lake Palestine.

Investor Tools

Property Icon
$12,000
Estimated Property Value
$0Estimated Mortgage Balance
$12,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$13,800 /month
Positive
Cash Flow Estimate:
$4,600 /month

Interested in this property?

Chad Smith

Realty Of America, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$21/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$192
$12,000
2025
$12,000
N/A
$12,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$192
$12,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$12,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Chandler

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21277 Joe Paul Lane | Property Details | No Agent List