Bruce Rayburn

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Listing provided courtesy of Scarborough Commercial Real Estate- MLS# 26008692MLS Provider

2435 Waterwood DrChandler, TX 75758

Multi-Family · 2,797 Sq. ft.
$345,000 0

2435 Waterwood Dr Overview

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INVESTMENT HIGHLIGHTS: ' Three-unit residential investment portfolio ' 100% occupied with established tenants in place ' Current gross annual rental income of $46,200 ' Immediate cash-flowing investment opportunity in the Chandler market Property Features: Building size: 2,797 SF ' 2417 Waterwood: 616 SF ' 2435 Waterwood: 616 SF ' 2483 Waterwood: 1,565 SF Total acreage: 1.05 ' 2417-2435 Waterwood: 0.66 ' 2483 Waterwood: 0.39 Utilities: ' Water: Septic ' Heating & Cooling: Electric Presenting a fully occupied, residential investment portfolio consisting of two recently-built tiny homes and one mobile home, all being offered together as a single income-producing asset. Located in the Waterwood community of Chandler, Texas, the portfolio provides immediate cash flow with all three units currently leased and generating rental income. The property includes two, 616 SF tiny homes built in 2025 situated on approximately 0.66 acres, along with a 1,565 SF mobile home positioned on a separate 0.39-acre lot. Each residence is leased to an existing tenant, creating a stabilized investment opportunity with minimal downtime risk. The tiny homes feature modern finishes, appliances, and a shared yard, while the mobile home offers a fenced yard, carport parking, and a separate septic system. This offering presents an opportunity to acquire a stabilized, income-producing residential portfolio with diversified tenant income, modern improvements, and strong occupancy in East Texas.

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2435 Waterwood Dr Facts & Features

  • Type Multi-Family
  • Sq. ft. 2,797
  • Price/Sq.ft. $123

Details

General

Association/HOA

  • HOA/Club (Y/N): Yes

School Information

  • Elementary School: Chandler
  • Middle Or Junior School: Chandler
  • High School: Brownsboro

Income/Expenses

  • Owners Expenses: Taxes,Insurance,Maintenance Repairs,Lawn Care

Listing Information

  • Foreclose/Bank Owned: No
  • Short Sale: No

Building Information

  • Year Built: 2025

Location/Region

  • County Or Parish: Henderson
  • Subdivision Name: Waterwood

Rent/Lease Information

  • Tenant Pays: Electric,Gas,Water,Cable

Tax Information

  • Tax Annual Amount: 1000
  • Tax Year: 2025

General Information

  • Pet Deposit: 250
  • Pets Allowed: Yes
  • Property Sub Type: Triplex
  • Property Type: MULTI-FAMILY
  • Special Listing Conditions: Homeowner's Assn Dues
  • Zoning: Single Family

Interior

Building Information

  • Security Gate: No

General Information

  • Cooling: Central Electric
  • Fireplace Features: None
  • Foundation Details: Pier and Beam
  • Heating: Central Electric
  • Living Area: 2797
  • Living Area Source: Appraisal
  • Security Features: None

Exterior

Parking Information

  • Parking Features: 1 Or More Per Unit,Carport

Waterfront/View

  • View: No
  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Wood/ Frame,Siding,New Construction

General Information

  • Individually Metered Util: Individual Water Meters
  • Lake Community: Yes
  • Number Of Units Total: 3

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

2435 Waterwood Dr Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

2435 Waterwood Dr Market Data

Based on the last 30 days in this zip code

$457,473
Average List Price
$217
Average Price per Square Foot
1
Properties Sold
96
Average Days on Market
143
Properties for Sale
Calculations provided by Reliance Network


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