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$1,950,000

$2,300,000

21277 Joe Paul Lane, Chandler, TX, 75758

On MarketInfo
Just AddedInfo
Price DropInfo

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —

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

26 ACRES. APPROXIMATELY 600 FEET OF LAKE PALESTINE SHORELINE. A RARE WATERFRONT OPPORTUNITY WITH ROOM TO THINK BIG. Approximately 26 acres of mature East Texas timber, roughly 600 feet of continuous Lake Palestine shoreline, and an existing collection of improvements create a property with possibilities well beyond a traditional lake home. The scale and setting offer a unique opportunity for a private estate, multi-home compound, recreational or hospitality concept, or long-term investment. Already in place is a beautifully finished lakeside barndominium with high ceilings, quartz countertops, large windows, abundant natural light, and views of the surrounding property and lake. A two-car garage, separate shop with a 20-foot ceiling, waterfront gazebo and pier, stock pond, and approximately 1.5 miles of maintained private trails add significant value to the existing property. Public water and electric service are already in place, and the property carries an existing agricultural exemption. Rather than starting with raw acreage, a future owner has an established foundation from which to shape their vision. Waterfront acreage of this scale and with this much shoreline is rarely available on Lake Palestine. Whether held for the future or developed into something distinctive, this property offers the land, waterfront, privacy, and infrastructure to support a vision far beyond what exists today.

Investor Tools

$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
$11,700 /month
Positive
Cash Flow Estimate:
$3,900 /month

Interested in this property?

Chad Smith

Realty Of America, LLC

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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

City: Chandler

21277 Joe Paul Lane | Property Details | No Agent List