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A+
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Days78Days on Market
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$450,000

21308 Southwind Drive, Chandler, TX, 75758

$585,000 ARVInfo
On MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,759 Sq Ft
Mobile HomesMobile Homes
price_per_sqft$163.1 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

ARV FlipAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 3Bathrooms 3
AppliancesDishwasher, Electric Oven, Electric Range
FlooringLaminate

Exterior

Exterior FeaturesBoat Slip

Land Information

APN4155-0000-0040-10
Lot Number4
SubdivisionSouthwind (38)
Land UseResidential
Legal Description4 AB 34 P AVANT SUR, SOUTHWIND LT 4
Census Tract950102
Assessed Land Value$105,000
Assessed Improvement Value$214,116
Assessment Year2025

About this property

Spacious 4 bedroom, 3 bath waterfront home situated on Lake Palestine, featuring open-water and boasting unobstructed lake views and tons of updates! Upstairs features two over-sized bedrooms, each with walk-in closets, connected by a large shared bathroom with lighting updated in 2021. Downstairs offers two more bedrooms and two full baths also updated in 2021. The open concept kitchen, flows seamlessly into the living and dining areas with separate den providing extra space to relax or entertain. The flooring was upgraded in 2021 to a water proof laminate flooring with moisture barrier for easy maintenance. Also in 2021, the interior was repainted including kitchen and bath cabinets. Enjoy the outdoors from the covered patio, open deck, or private balcony, all perfect for taking in the expansive lake views. The exterior enjoyed updating in 2021 with exterior siding, paint, wood repair, a fire pit was installed, and decking was resurfaced. In 2024, the dock, roof, and sprinkler system were replaced. Additional updates include rebuilt back flower beds, replaced landscaping, new insulation in the attic, and new kitchen fridge. Property amenities include a pier with a boathouse, a storage building, and access to a shared community area with a boat ramp and pier. Originally a mobile home that has been thoughtfully expanded offering a fantastic opportunity as a weekend getaway or full-time lake residence. Full list of updated items is available.

Investor Tools

Property Icon
$470,000
Estimated Property Value
$0Estimated Mortgage Balance
$275,160Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$585,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,820 /month
Positive
Cash Flow Estimate:
$940 /month

Interested in this property?

Regina Edwards

Keller Williams Realty-Tyler

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$543/month
$100/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,161
$319,116
2025
$105,000
$214,116
$319,116
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,161
$319,116

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ntfn Inc
Conventional
$215,000
No
First
Jun 11, 2021
Jul 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$194,840
$275,160
58%
41%
$1,290/mo

Learn About the Market: Opportunity in Texas

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Explore

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.

Explore Texas Explore This Area
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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21308 Southwind Drive | Property Details | No Agent List