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B+
NoAgentList RatingHow are grades calculated? Info
Days182Days on Market
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$184,900

1045 Pelican Isle Dr, Kerens, TX, 75144

$216,437 ARVInfo
On MarketInfo
Beds1 Beds
Baths1 Bath
Baths480 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$385.21 / sqft
Year BuiltBuilt in 2013

Property Lead Type:

Must-SellAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
AppliancesElectric Oven, Microwave, Refrigerator

Exterior

Private PoolPrivate Pool
Exterior FeaturesAwning(s), Private Yard, RV Hookup
Lot Size2,701 sqft

Building Information

Year Built2013
Stories1

Land Information

APN61364
Lot Number26
SubdivisionPelican Isle
Land UseResidential
Legal DescriptionP0215 PELICAN ISLE BLK 5 LOT 26 .062 ACRES (30 X 90) (30 X 90)
Census Tract970600
Assessed Land Value$35,100
Assessed Improvement Value$9,560
Assessment Year2025

About this property

Welcome to your private lake retreat—an ideal escape or investment opportunity! This unique property includes three spacious lots, each with individual electric and sewer connections, and all stubbed for separate water meters. A charming tiny home sits on the center lot, complete with a covered deck perfect for lakeside lounging, entertaining, or enjoying evening breezes. Bring your RV and park under the oversized covered pavilion, fully equipped with RV hookups. The chain-link fence encloses all three lots, offering added privacy and security, with ample room to store boats, jet skis, and lake toys. Just 100 yards from the boat ramp, this property also grants access to a private clubhouse featuring an in-ground pool, playground, picnic area, and laundromat. Hosting a celebration? Homeowners can reserve the clubhouse for special events. Whether you’re looking for a weekend getaway or a full-time retreat, this lake-adjacent gem is ready for you to enjoy!

Investor Tools

Property Icon
$183,000
Estimated Property Value
$0Estimated Mortgage Balance
$183,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$216,436
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,109 /month
Positive
Cash Flow Estimate:
$370 /month

Interested in this property?

Sherry Frye

Premier Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$110/month
$780/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$405
$31,020
2025
$35,100
$9,560
$44,660
No

Tax History

Year
Tax Paid
Assessed Value
2024
$405
$31,020

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$183,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Kerens

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1045 Pelican Isle Dr | Property Details | No Agent List