Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Waterfront Lake View Lot Title is generated by Realmo AI

    20620 Wycliff, Chandler, TX 75758

    View on Map
    Claim this Listing
    For Sale
    $75,000

    LAND - Chandler, TX

    Lot size:
    0.84 Acres
    Added:
    Feb 2, 2026
    Days on Market:
    125
    Last Refresh:
    Jun 7 at 8:06 am

    Property Features for 20620 Wycliff

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    315273
    Lot size
    0.84 Acres

    We can help!

    Listing Contact
    Debra Brattlof

    Listing agent Debra Brattlof License #0590256

    Listing office RE/MAX Tyler Tyler, TX

    Listing date Feb 2, 2026

    MLS# 20829083 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

    • 1.327‑acre level lot with open water views of Lake Palestine
    • Gated Lakefront neighborhood with expansive open water views
    • Subdivision provides gate access to an adjoining marina and boat launch
    • Less than 45 total lots in the neighborhood
    • Located just over an hour from the DFW Metroplex, 3 hours from Houston, and 30 minutes from Tyler

    Overview

    This level waterfront lot is positioned for open water views of Lake Palestine in a gated, picturesque neighborhood setting. The property is marketed as a ready-to-build home site within a small-subdivision environment, offering space to design and construct your primary residence, retirement home, or family getaway. The community is described as having less than 45 total lots, helping maintain a more private feel.

    Residents benefit from gate access to adjoining marina and boat launch facilities, supporting lake-focused lifestyles for boating and recreation. The property is located in Chandler, Texas (Henderson County) at 20620 Wycliff, and the listing notes the community’s convenient drive times—just over an hour from the DFW Metroplex, about three hours from Houston, and roughly 30 minutes from Tyler.

    For buyers seeking a waterfront build site, this lot offers an attractive combination of lakefront views, level terrain, and controlled entry within a limited-lot neighborhood. Its marina and boat launch access can be especially useful for operators or families prioritizing immediate time on the water while keeping development straightforward for a custom build.
    Property Profile Location Intelligence

    Current Use by Public Records

    Waterfront Land

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chandler
    County
    Henderson
    State
    Texas
    Longitude
    -95.5125364
    Latitude
    32.1922724

    Nearby Similar for Sale

    • $329,900

      Waterfront Homesite with Bulk-Headed Shoreline

      Level to gently sloping lakefront lot in a gated community with a bulk-headed shoreline and boating amenities.
      5670 Nathan Drive, Chandler, TX 75758
      View Details
    • $350,000

      Waterfront Land with Boat Dock Site

      Bulkheaded waterfront lot with a dedicated place for a boat dock in a gated Lake Palestine community.
      Jamison Drive, Chandler, TX 75758
      View Details
    • $845,000

      Wooded Recreational Land Tract

      A secluded mix of wooded and open spaces with hilltop views, paved access, wildlife, and a water tap.
      FM 317, Chandler, TX 75758
      View Details
    • $875,000

      Wooded Hilltop Recreational Land

      Secluded wooded and open land with hilltop views, wildlife, and utilities in place for a private build or retreat.
      1140 CR-3412, Chandler, TX 75758
      View Details
    • $300,000

      Waterfront Recreation Land Lot

      Gently sloping waterfront lot with lake frontage and nearby access to fishing, boating, and outdoor recreation.
      County Road 3202, Chandler, TX 75758
      View Details
    • $1,075,000

      Ranch Land with Homestead & Pond

      Acres within city limits featuring a rustic homestead, pond views, and ranch amenities for livestock and recreation.
      12701 FM 2010, Chandler, TX 75758
      View Details
    • $342,000

      Rural Land with Creek and Storage

      A private, tree-covered tract with pasture, a live creek, and an on-site metal storage building for flexible rural use.
      County Road 3105, Chandler, TX 75758
      View Details
    • $342,000

      Secluded Land Near Lake Palestine

      18 acres of pasture and timber near Lake Palestine.
      CR 3105, Chandler, TX 75758
      View Details
    • $495,000

      Wooded Recreational Land Tract

      Secluded, timbered acreage with trails, a pond, and spring—well suited for hunting and weekend outdoor recreation.
      7821 Cr 3409, Chandler, TX 75758
      View Details
    • $2,300,000

      Waterfront Development Land

      Lake Palestine waterfront land with shoreline, pier, and existing improvements, suited for a variety of destination concepts.
      21277 Joe Paul Lane, Chandler, TX 75758
      View Details
    • $350,000

      Bulkheaded Waterfront Land with Boat Dock

      Build-ready waterfront lot in a gated lake community with extensive bulkhead frontage and a dedicated boat dock space.
      Jamison Dr, Chandler, TX 75758
      View Details
    • $250,000

      Waterfront Residential Land with Lake Views

      Build in a gated lakefront community offering level lots and access to a marina and boat launch.
      20609 Wycliff Drive, Chandler, TX 75758
      View Details

    FAQs

    What type of property is this?
    Waterfront Land - Build in a gated lakefront community with open water views and direct access to a marina and boat launch.
    Where is this waterfront land located?
    The property is located at 20620 Wycliff Chandler, TX.
    What is the asking price?
    The asking price for this property is $75,000.
    What are key features of this property?
    This property features: 1.327‑acre level lot with open water views of Lake Palestine; Gated Lakefront neighborhood with expansive open water views; Subdivision provides gate access to an adjoining marina and boat launch
    (903) 581-7117
    We can help!
    Listing Contact
    Debra Brattlof
    Real Estate License ID: 0590256
    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
    20620 Wycliff, 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!