I've been selling Lake Palestine waterfront homes for over 12 years. I live on this lake. I know a remarkable deal when I see one. What I'm about to tell you about this Sunrise Shores listing is the kind of thing that makes serious buyers stop scrolling and pick up the phone.
The home at 4911 Sunrise Dr, Chandler, TX 75758 was already one of the best values in East Texas waterfront real estate. A stunning 3-bedroom, 2-bath lakefront home with a brand-new gunite pool, fully equipped boathouse, and covered outdoor kitchen, all sitting on the open water of Lake Palestine. Listed at $899,900.
And then the sellers did something that genuinely surprised even me: they threw in 15 additional lots (approximately 2 acres) at absolutely no increase in price.The same $899,900 now buys you a luxury waterfront estate plus land that independently appraised neighborhoods put at roughly $150,000 in value. You read that right.
Aerial view · 4911 Sunrise Dr, Chandler TX · Pool, boathouse, open water of Lake Palestine visible · Henderson County
Why Did the Sellers Add 15 Lots?
The sellers want this property sold, and they want the right buyer to get an extraordinary deal in the process. These 15 lots are contiguous parcels within the Sunrise Shores subdivision, located around and adjacent to the main property. Rather than list them separately and complicate the transaction, they made a simple decision: include everything and let one buyer capture the full value.
It's a move that reflects confidence in the property, in the market, and in the kind of buyer who recognizes what they're looking at. Whether you plan to hold the lots, build on them, sell them over time, or simply enjoy the extra privacy and buffer around your lakefront home, you're walking into the deal with an immediate equity position that most buyers never get.
"You're not just buying a waterfront home. You're buying a waterfront estate with room to grow. The sellers are handing you the land to do it."
Henderson County Appraisal District map showing the 15 bonus parcels included in the Sunrise Shores listing · Chandler, TX 75758
What the 15 Lots Mean for You: 3 Buyer Scenarios
Scenario 1: The Lifestyle Buyer
You want the ultimate Lake Palestine waterfront experience. The 15 extra lots give you space, privacy, and breathing room around your home that money normally can't buy in an established subdivision. No close neighbors on your flanks. Just you, your family, and the lake.
Scenario 2: The Airbnb Investor
Short term rentals are allowed on this property. A pool, covered boathouse, outdoor kitchen and open water on Lake Palestine? That's a premium Airbnb listing that practically markets itself. Lake Palestine vacation rentals are in high demand year round from DFW and Houston families. This property could be generating income from day one while appreciating in value at the same time.
Scenario 3: The Smart Investor
You're buying a performing asset. The waterfront home itself has strong rental upside. Lake Palestine vacation rentals are in high demand. The 15 lots give you land to build additional income properties, sell off individually over time, or hold as East Texas land values continue to appreciate. This is a portfolio-level acquisition at a single-family price.
Scenario 4: The Multi-Family Vision
Some buyers look at this and immediately think: family compound. With 15 lots and the POA's reasonable building framework, this property has generational potential.Build the main estate, and eventually the kids or extended family build their own retreats on the surrounding lots. On Lake Palestine. For the kind of price that would be laughable on any other Texas lake.
Bonus lots with mature trees, lake peeks through the pines
Brand-new gunite pool + hot tub with Lake Palestine visible in the background
Find 4911 Sunrise Dr on Lake Palestine
Located in the Sunrise Shores subdivision in Chandler, TX, approximately 35 minutes from Tyler and 2 hours from DFW. Use the map below for directions or to explore the surrounding area on Lake Palestine.
4911 Sunrise Dr, Chandler, TX 75758 · Sunrise Shores · Henderson County · Lake Palestine
The Home Itself: A Recap of What $899,900 Gets You
The 15 lots are the headline. But the home they come with is nothing to overlook. This is a fully loaded, move-in ready Lake Palestine waterfront home with every outdoor amenity a serious lake buyer wants.
| Feature | Detail |
|---|---|
| Bedrooms / Baths | 3 Bedrooms · 2 Full Bathrooms |
| Water Position | Open water, direct Lake Palestine frontage |
| Pool & Spa | Brand-new gunite pool + hot tub |
| Boathouse | Fully covered · boat lift · jet ski lift · kayak ramp |
| Outdoor Kitchen | Covered · Lion grill · granite counters · sink |
| Fish Cleaning Station | Covered · on property · every lake angler's dream |
| Short Term Rentals | Airbnb and STR allowed · income producing from day one |
| Fireplace | Stone wood-burning fireplace, living room centerpiece |
| Home Office | Dedicated room, perfect for working from the lake |
| Dining | Formal dining + breakfast nook |
| Bonus Lots | 15 lots · ~2 acres · ~$150K estimated value |
| POA | Sunrise Shores · $50/yr first lot · $35/yr each add'l |
| Location | Chandler, TX 75758 · Henderson County · ~2hr DFW |
Sunrise over the water · Lake Palestine open views from the Sunrise Shores property · Chandler, TX
The Boathouse, Pool & Outdoor Kitchen: Lake Life at Its Finest
I want to be clear about something: on Lake Travis or Lake LBJ, a home with a new gunite pool, covered boathouse with boat lift, and a full outdoor kitchen with granite counters goes for $1.5M to $2M. On Lake Palestine, with the same water, the same sunsets, and none of the crowds, you're getting all of it for $899,900. And now, 15 lots on top of it.
The boathouse deck at sunrise, with outdoor seating, string lights, and open Lake Palestine water as far as you can see
Covered fish cleaning station right on the property · Lake Palestine visible in the background
Covered outdoor kitchen · Lion grill · granite counters · lakeside entertaining
And for the serious anglers in the group: the property includes a covered fish cleaning station right on site. No hauling your catch somewhere else, no mess at the dock. Just clean up right there and head inside. It's one of those details that lake people notice immediately and appreciate every single time they use it.
Covered fish cleaning station right on the property · a feature serious lake anglers will love
Inside the Home: Crafted for Lake Living
Step inside and the quality continues. Wide-plank hardwood floors, a dramatic stone wood-burning fireplace, crown molding, and an open-concept layout that flows naturally from the main living areas to the outdoors. The kitchen features white raised-panel cabinetry, granite countertops, stainless appliances, and a layout that makes entertaining easy whether you have 4 guests or 40.
Living room · stone fireplace · hardwood floors · lake views through the windows
Kitchen · white raised-panel cabinets · granite counters · open to dining
Lakeside patio. Morning coffee here changes your life · boathouse and open Lake Palestine water straight ahead
Lake Palestine Homes for Sale: Why This Market, Why Now
Lake Palestine spans over 25,000 acres across Henderson, Smith, Cherokee, and Anderson counties. It's one of the largest recreational lakes in East Texas with 135 miles of shoreline. It remains dramatically undervalued compared to lakes closer to Austin or San Antonio.
Buyers searching for Lake Palestine homes for sale in 2026 are finding a market where demand from DFW and Houston buyers is rising, inventory of true open-water waterfront homes stays tight, and prices, while climbing, are still a fraction of what comparable Texas lake properties command elsewhere. Henderson County TX lots for sale within established lake subdivisions like Sunrise Shores are particularly rare finds.
This listing represents a once-in-a-market opportunity: waterfront home + 15 lots in an established subdivision, bundled at a price that would be extraordinary even without the land.
Ready to See Sunrise Shores in Person?
The video tells the story. But standing on that boathouse deck at sunset is something else entirely. Let's schedule your private showing.
Frequently Asked Questions: Lake Palestine Homes for Sale
