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33800024
33799999

2483 Waterwood Drive, Chandler, TX 75758

Scarborough Commercial Real Estate
AH
TX 828479
Scarborough Commercial Real Estate
Listed by Scarborough Commercial Real Estate
$345,000
5 days on market
Updated 1 day ago

2417, 2435, 2483 Waterwood -Residential Portfolio

Details
Property Type Multifamily
Sub Type Single Family Rental Portfolio
Square Footage 2,797
Units 3
Cap Rate 10.00%
NOI $34,428
Occupancy 100%
Tenancy Multi
Year Built 2025
Year Renovated 1996,2025
Buildings 3
Acreage 1.050
Zoning Residential
Investment Type Stabilized

2417,2435,2483, Waterwood, Chandler, TX 75758

Marketing description

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.

Investment highlights

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 growing 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

Listing Contacts

Scarborough Commercial Real Estate
AH
TX 828479
Scarborough Commercial Real Estate
Listed by Scarborough Commercial Real Estate

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$34,428.00
$2,869.00/mo

Valuation Metrics

0
DSCR
9.98%
Cap Rate
9.98%
ROI

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