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$203,000

NAL Estimated Property Value

1316 Sheri Lane, Pelican Bay, TX, 76020

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,820 Sq Ft
Mobile HomesMobile Homes
price_per_sqft$106.54 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Oven, Refrigerator
FlooringCarpet, Laminate

Exterior

Lot Size7,471 sqft

Building Information

Year Built2021

Land Information

APN32060C-13-28
Lot Number28
SubdivisionPelican Bay Addition
Land UseResidential
Legal DescriptionPELICAN BAY ADDITION BLOCK 13 LOT 28 2021 CHAMPION 32X60 LB#NTA2014223 NM3260A
Census Tract114203
Assessed Land Value$25,725
Assessed Improvement Value$34,275
Assessment Year2025

About this property

Come check out this new manufactured home .4 bedroom 2 Bath and just over 1800 square foot gives you plenty of room. Take the virtual tour to see the endless possibilities. More lots and floor plans available call agent for more information. Pics are for reference only, colors may vary.New pics coming soon. All info contained with in to be verified by buyer or buyers agent. Use one of our preferred lenders for Manufactured homes and get up to 3,000 towards closing. Photos for reference only,colors may vary.

Investor Tools

Property Icon
$203,000
Estimated Property Value
$199,875Estimated Mortgage Balance
$3,125Estimated Equity
1% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,218 /month
Positive
Cash Flow Estimate:
$406 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$196/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,334
$60,000
2025
$25,725
$34,275
$60,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,334
$60,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Portfolio Mortgage Corp
Purchase Money Mortgage
$6,038
No
First
May 31, 2024
May 2027

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$199,875
$3,125
1%
98%
$1,244/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,020/mo
$1,244/mo
$-224/mo
6.0%

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: Pelican Bay

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1316 Sheri Lane | Property Details | No Agent List