Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers

    10196 County Road 3202 Chandler, TX 75758

    View on Map
    Claim this Listing
    New
    For Sale
    $550,000

    Unimproved Land - Chandler, TX

    Type:Unimproved Land
    Lot size:
    12.50 Acres
    Added:
    May 6, 2026
    Days on Market:
    2
    Last Refresh:
    May 7 at 12:06 pm

    Property Features for 10196 County Road 3202

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Exterior features
    Fence
    Fencing
    Fenced
    Standard status
    Active
    APN
    213196
    Lot size
    12.50 Acres

    Utilities

    Water front features
    Lake Front, Waterfront
    Water front
    1

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Hollie Satterfield

    Listing agent Hollie Satterfield License #0610437

    Listing office eXp Realty LLC 5605 N MacArthur Blvd 10th flr, Austin, TX

    Listing date May 6, 2026

    MLS# 21261472 Listing URL

    Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 12.5 Acres of Waterfront Property on Lake Palestine
    • Private and Secluded Setting, not visible from the road
    • Prime Location just outside Chandler City Limits
    • Scenic Hilltop Homesite with Sweeping Lake Views
    • Combination of Open and Wooded Land with Cleared Shoreline
    • 10‑Acre Hay Meadow with Pond for agricultural or recreational use

    Overview

    Waterfront Ranchette on Lake Palestine

    This 12.5-acre waterfront property on Lake Palestine presents a rare opportunity for those seeking peace and privacy. Located just outside the city limits of Chandler, Texas, this family-owned property combines convenience with rural living. The land features a balance of open and wooded space, with partial clearing along the shoreline. A scenic hilltop homesite offers views and gently slopes down to the water's edge, making it ideal for a lakefront retreat. A 10-acre hay meadow with its own pond lies between the county road and waterfront homesite, creating a natural buffer and enhancing seclusion. This meadow offers possibilities for agricultural or recreational enjoyment. The property is not visible from the road, ensuring privacy.
    Location Intelligence

    Current Use by Public Records

    Waterfront Land

    Map

    City
    Chandler
    County
    Henderson
    State
    Texas
    Longitude
    -95.4683562
    Latitude
    32.2842254

    Nearby Similar for Sale

    • $329,900

      Waterfront Homesite in Gated Community

      Lake Palestine homesite with amenities and captivating water views.
      5670 Nathan Drive, Chandler, TX 75758
      View Details
    • $400,000

      Lakefront Residential Lot in Chandler

      Gated lakefront community with open water views on Lake Palestine.
      20629 Wycliff Dr., Chandler, TX 75758
      View Details
    • $350,000

      Waterfront Lot in Gated Community

      0.71 acre waterfront lot in Brown's Landing.
      0 Jamison Dr, Chandler, TX 75758
      View Details
    • $465,000

      Lake Palestine Waterfront Lot

      Almost an acre with over 200' of waterfrontage.
      20621 Wycliff, Chandler, TX 75758
      View Details
    • $875,000

      60 Acres of Improved Land

      60-acre property with infrastructure, suitable for building or development.
      1140 CR-3412, Chandler, TX 75758
      View Details
    • $425,000

      Lakefront Residential Lot in Chandler

      Gated lakefront community with open water views on Lake Palestine.
      20639 Wycliff Dr., Chandler, TX 75758
      View Details
    • $1,075,000
      2,100 SF

      Texas Ranch with Rustic Homestead

      40-acre Chandler, TX ranch featuring a charming rustic homestead.
      12701 FM 2010, Chandler, TX 75758
      View Details
    • $400,000

      Lakefront Residential Lot in Chandler

      Gated lakefront community with open water views and mature trees.
      20635 Wycliff Dr., Chandler, TX 75758
      View Details
    • $425,000

      Lakefront Residential Lot in Chandler

      Gated lakefront community with open water views on Lake Palestine.
      20625 Wycliff Dr., Chandler, TX 75758
      View Details
    • $385,000

      20 Acres of Improved Land

      20-acre property with pond, paved access, and utilities.
      1140 Lot 2 CR-3412, Chandler, TX 75758
      View Details
    • $1,075,000

      Chandler Ranch with Rolling Acres

      40-acre ranch within city limits, featuring a rustic homestead.
      12701 FM 2010, Chandler, TX 75758
      View Details
    • $674,000
      1,760 SF

      Secluded Barndominium on 15 Acres

      Custom barndominium on 15 acres near Chandler, Texas.
      1000 W Main Street, Chandler, TX 75758
      View Details

    FAQs

    What type of property is this?
    Waterfront Land - 12.5 acres of waterfront property near Chandler, Texas.
    Where is this waterfront land located?
    The property is located at 10196 County Road 3202 Chandler, TX.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: 12.5 Acres of Waterfront Property on Lake Palestine; Private and Secluded Setting, not visible from the road; Prime Location just outside Chandler City Limits
    (888) 519-7431
    We can help!
    Listing Contact
    Hollie Satterfield
    Real Estate License ID: 0610437
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    10196 County Road 3202, Chandler, TX 75758
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!