$8,016 Closing Credit¹
#6852939, Eric Douglas Fullam, Listing Office: Platinum Living Realty
#6854214·
Listing office: eXp Realty·
Listing agent: Nicole M. Geving-Williams, Becky Garcia·
Listing office phone: 480-722-9800, 623-935-1111
$650,000 List price
2406 S Pecan Dr Chandler, AZ 85286
$7,719
Closing credit¹
4 beds
2 baths
2,285 sqft
0.2 acres
$284 / sqft
House
Property details
About 2406 S Pecan Dr
CALLING ALL INVESTORS, an exceptional investment opportunity awaits. Investor Only Opportunity | Home is a Licensed Residential Care Facility with Long-Term Lease Property located in the highly desirable Clemente Ranch community of Chandler, AZ 85286. This 2,253 sq ft single-family home features 5 bedrooms and 2 bathrooms and is currently operating as a licensed residential care facility. (Not a Sober living/halfway house) This property is leased to a long-term tenant under a 5-year agreement, generating $4,150 per month in rental income ($49,800 annually). With minimal landlord responsibilities, this asset offers a projected CAP rate of approximately 5.4%, making it a solid and stable addition to any investor's portfolio. Key Investment Highlights: " Long-term tenant in place (not owner-occupied) " Licensed and operating residential care facility " Stable $4,150/month lease through 2029 - With lease clause for increase yearly " Professionally managed " Located in Clemente Ranch - a highly sought-after Chandler neighborhood with proximity to A Rated Schools, freeways, medical centers, shopping, and dining This is not a typical residential listing and is intended for investors seeking steady income with low turnover risk. For serious inquiries lease terms/license documentation available.
Highlights
Home typeSingle Family Residence
HeatingNatural Gas
StatusActive
CoolingCentral Air
Size2,285 sqft
Lot size0.22 Acres
Year built2008
ParkingTandem
MLS #6854214
Garage3 spaces
Summary
- Flooring Type: Carpet, Tile
- Interior: Breakfast Bar, 9+ Flat Ceilings, Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet
- Fireplace: None
- Total Bedroom Count: 4
- Garage Space: 3 spaces
- Private Pool: No
- Parking: Tandem
- Heating: Natural Gas
- Cooling: Central Air
- List Price: $650,000
- Price/SqFt: $284
- HOA Amount: $97
- HOA Frequency: Quarterly
- Annual Tax Amount: $2,806
- Tax Year: 2024
- Lot: Sprinklers In Rear, Sprinklers In Front, Desert Front
- Directions: South on Dobson - left on S Earl Blvd - left on S Santa Anna St - left on W Lark Dr - Continue on S Salida del Sol - right on W Macaw Dr to Pecan
- Year Built: 2008
- Stories: 1
- Living Area: 2,285 SqFt
- Lot Size: 0.22 Acres
- MLS Number: 6854214
- MLS Name: Arizona Regional Multiple Listing Service 2
- Office Name: eXp Realty
- Office Email: AZ.broker@exprealty.net
- Listing Agent: Nicole M. Geving-Williams, Becky Garcia
The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Arizona Regional Multiple Listing Service, Inc. Indicates a property listed by a real estate brokerage other than Rocket Homes Real Estate, LLC. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Arizona Regional Multiple Listing Service, Inc. do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright© 2025 Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2025, 5:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$650,000
2406 S Pecan Dr
$7,719
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Dec 30, 2008 | Home Sold | $316,208 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $56,800 | $2,806 |
| 2023 | $49,620 | $2,708 |
| 2022 | $37,430 | $2,838 |
| 2020 | $32,850 | $2,825 |
| 2019 | $30,720 | $2,631 |
| 2017 | $28,310 | $2,452 |
History based on county public records data.
Nearby schools
7
Tarwater Elementary School
Public District KG-6
0.5 mi
•2300 S Gardner Dr
7
Jacobson Elementary School
Public District KG-6
0.8 mi
•1515 NW Jacaranda Pkwy
5
Hancock Elementary School
Public District PK-6
1.3 mi
•2425 S Pleasant Dr
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $125,211. The most common annual income of people living in Chandler, AZ is between $100k-200k. Residents typically live in married, with kids family. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
3%
<35k
37%
35k-100k
54%
100k-200k
6%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
18%
Single, No Kids
7%
Single, with Kids
31%
Married, No Kids
44%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
22%
<11 yrs old
10%
12-17 yrs old
21%
18-34 yrs old
44%
35-64 yrs old
3%
65+ yrs old
What do the neighbors do for fun?
Soccer
Skiing/snowboarding
Continuing Education Courses
Where do the neighbors shop?
The Container Store
Nordstrom
Express/Express For Men
Where do the neighbors go to eat?
Starbucks
California Pizza Kitchen
Qdoba
What do the neighbors drive?
BMW
Volkswagen
Infiniti
What do the neighbors listen to?
Alternative
Talk/Personality
Urban Contemporary
All data provided by Home Junction and Claritas
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Frequently asked questions
About 2406 S Pecan Dr
The listing price of 2406 S Pecan Dr property is $650,000.
The property 2406 S Pecan Dr is a house located in Chandler, Arizona, 85286.
Active Listing: 2406 S Pecan Dr is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 2406 S Pecan Dr are: Tarwater Elementary School (GreatSchools Rating 7/10), Jacobson Elementary School (GreatSchools Rating 7/10), Hancock Elementary School (GreatSchools Rating 5/10), Bogle Junior High School (GreatSchools Rating 6/10), Arizona College Preparatory Oakland Campus (GreatSchools Rating 10/10), Willis Junior High School (GreatSchools Rating 3/10), Hamilton High School (GreatSchools Rating 9/10), Arizona College Preparatory Erie Campus (GreatSchools Rating 10/10), Basis Chandler (GreatSchools Rating 9/10).
According to the records, the last property tax for 2024 is $2,806 (source: MLS/based on county public records data).
The last sale was on December 30, 2008 for $316,208 (source: MLS/tax record).
The property at 2406 S Pecan Dr has 4 bedrooms and 2 bathrooms.
The property 2406 S Pecan Dr is 2,285 SqFt (source: MLS/tax record).
The year of construction for 2406 S Pecan Dr is 2008.
This home is located at 2406 S Pecan Dr in Chandler, AZ and zip code 85286 in the Clemente Ranch neighborhood. This 2,285 square foot home, which was built in 2008, sits on a 0.22 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 19, 2025 and is currently priced at $650,000.
In March 2025 more than 38 listings in Chandler, AZ were sold above the asking price. During the same period more than 68 listings were sold at asking price, while more than 161 were sold below. The number of homes for sale in Chandler, AZ increased by 11.4% between February and March 2025. While the average time on the market in March 2025 was 55 days, the median list price was $535,104.
From Rocket Homes Real Estate and based on county public records data.