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$310,000

$315,000

5670 Nathan Drive, Chandler, TX, 75758

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About this property

Exceptional tree shaded waterfront homesite located in the prestigious gated community of Brown’s Landing on Lake Palestine. This level to gently sloping .721-acre lot (plus Upper Neches River Authority allocation) features a bulk-headed shoreline and captivating views stretching down the tranquil bay to the expansive open waters of Lake Palestine. East-facing views deliver breathtaking sunrises and enchanting moonrises across the lake. New home construction to south and no neighbors to north as this tract is adjacent to rarely used neighborhood park & pavilion. This elegant and well-planned development offers outstanding amenities including beautifully landscaped and fenced common areas, a secure gated entrance, a waterfront pavilion with outdoor fireplace, cooking area and restrooms, a lakeside fire pit, underground utilities, a day marina with floating dock, private gated parking for trailers and RVs, and a dedicated homeowner's boat ramp. Easy access to DFW makes this location very appealing. A rare opportunity to build your custom lakefront retreat in one of Lake Palestine's most desirable waterfront communities!

Investor Tools

$0Estimated Mortgage Balance
$310,000Estimated Equity
100% equity
Estimated Cap Rate
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,860 /month
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Cash Flow Estimate:
$620 /month

Interested in this property?

Dana Staples

Staples Sotheby's International Realty

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Financing Details

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

City: Chandler

5670 Nathan Drive | Property Details | No Agent List