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$305,000

NAL Estimated Property Value

1404 Sandy Beach Road, Pelican Bay, TX, 76020

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,580 Sq Ft
FarmFarm
price_per_sqft$163.29 / sqft
Year BuiltBuilt in 1994

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesStorage
Lot Size15,747 sqft

Building Information

Year Built1994
Stories1
Garage Spaces2

Land Information

APN32060C-20-2
Lot Number2
SubdivisionPelican Bay Addition
Land UseResidential
Legal DescriptionPELICAN BAY ADDITION BLOCK 20 LOT 2
Census Tract114203
Assessed Land Value$54,240
Assessed Improvement Value$222,502
Assessment Year2025

About this property

Back On The Market , Bring all offers ,Wonderful 3 bed 2 bath 2 car garage in minutes from the lake, large lot storage-work shop garage with 2 roll up doors and side carport room for boats campers trailers and much more, about 1500 sq ft with small office and electric. House has tile in kitchen and wet areas, wood floors in living room, and master , covered porch and patio. country living with everything you need. Multiple offers all offers in by 5pm Aug 10

Investor Tools

Property Icon
$305,000
Estimated Property Value
$270,922Estimated Mortgage Balance
$34,078Estimated Equity
11% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,830 /month
Positive
Cash Flow Estimate:
$610 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$640/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,152
$276,742
2025
$54,240
$222,502
$276,742
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,152
$276,742

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nations Lending Corp
Fha
$253,326
Yes
First
Sep 30, 2021
Oct 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$270,922
$34,078
11%
89%
$1,765/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,590/mo
$1,765/mo
$-175/mo
6.3%

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.

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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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1404 Sandy Beach Road | Property Details | No Agent List