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$189,000

2518 Lovely Dr, Chandler, TX, 75758

$202,061 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,348 Sq Ft
Manufactured HomeManufactured Home
price_per_sqft$71.98 / sqft
Year BuiltBuilt in 1996

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Microwave
FlooringLaminate, Vinyl

Building Information

Year Built1996
Roof Type105
Garage Spaces4

Land Information

APN2780-0008-0080-10
Lot Number7,11
SubdivisionForest Grove (296)
Land UseResidential
Legal Description8 AB 1147 J MEYER SUR, FOREST GROVE, BLK 8 LTS 7-11
Census Tract950102
Assessed Land Value$25,000
Assessed Improvement Value$122,793
Assessment Year2025

About this property

Just minutes from Lake Palestine! This spacious property is just waiting for it's new owner! Fresh paint, new flooring, new fixtures and new appliances! Sitting on 0.895 acre, you have all the space you need and so many shade trees! This 3 bedroom, 2 bath is bright and open with a huge living area featuring a wood burning glass front fireplace. Large kitchen for those family gatherings. Breakfast bar is open to the living area. Large utility room with entry from the patio and parking area. Large workshop or game room is waiting for your imagination! It features a half bath and is on it's own separate septic system and water meter. Could also be completed to create a rental space for additional income. The main house is also on a separate septic and water meter. The huge front yard with plenty of trees for shade. Create your own paradise here! Seller is a licensed Texas REALTOR. DO NOT CHANGE TITLE COMPANY.

Investor Tools

Property Icon
$189,000
Estimated Property Value
$85,500Estimated Mortgage Balance
$107,652Estimated Equity
55% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$202,060
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,134 /month
Positive
Cash Flow Estimate:
$378 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$270/month
$300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,300
$147,793
2025
$25,000
$122,793
$147,793
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,300
$147,793

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Clutch Lending Llc
Purchase Money Mortgage
$85,500
No
First
Sep 22, 2023
Mar 2024

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$81,348
$88,652
52%
43%
$513/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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2518 Lovely Dr | Property Details | No Agent List