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$580,000

NAL Estimated Property Value

12833 Pelican Island Dr, Willis, TX, 77318

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,736 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$259.22 / sqft
Year BuiltBuilt in 1994

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Microwave, Electric Oven

Exterior

Exterior FeaturesBoat Slip
Lot Size5,663 sqft

Building Information

Year Built1994
Stories1
Roof Type105
Garage Spaces2

Land Information

APN7851-00-02900
Lot Number29
SubdivisionPelican Island
Land UseResidential
Legal DescriptionS785100 - PELICAN ISLAND, BLOCK 1, LOT 29
Census Tract694210
Assessed Land Value$58,895
Assessed Improvement Value$521,105
Assessment Year2025

About this property

Watch the Matterport video of this Captivating Island Living 3-2-2 Updated WATERFRONT Home with Huge Patio, Extensive Trex Decking and Beautiful Water Views, with Open Water Just Around the Corner! New AC(20), New Bulkhead(18), New Driveway(17), New Roof(16), and New Double Pane Windows(14)! Kitchen & Hallway have granite countertops with tile backsplash. Entryway has beautiful white shiplap that lead you to beautiful built-ins. Spacious Master Bedroom with Large Window for the beautiful views of the lake. Updated Master Bath with Stand Alone Tub, Separate Shower and Large Walk-In Closet. Welcoming Living and Dining that open to the new office space that open up to the waterfront views. Front bedroom has private access to guest bath and large closet. Guest Bath has private access and updated shower with bench. Third bedroom with large closet. Water Softener and Sprinkler System on this large lot for this neighborhood. Beautiful Dock and Covered Boat Slip, A MUST SEE on Lake Conroe!

Investor Tools

Property Icon
$580,000
Estimated Property Value
$309,174Estimated Mortgage Balance
$271,457Estimated Equity
46% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,480 /month
Positive
Cash Flow Estimate:
$1,160 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$859/month
$650/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,411
$580,000
2025
$58,895
$521,105
$580,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,411
$580,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Crystal Clear Mortgage Llc
Conventional
$348,000
No
First
Jul 6, 2020
Aug 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$309,174
$270,826
46%
53%
$2,087/mo

City: Willis