




$60,000
1404 Sheri Lane N 1, Pelican Bay, TX, 76020
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About this property
Opportunity awaits with this versatile 0.28-acre lot offering endless possibilities for homeowners, investors, and those looking for additional space. The property features a detached office, covered parking, and a fenced area that's perfect for pets, gardening, or creating your own private outdoor retreat. With no known restrictions, this lot presents an excellent opportunity for someone looking to place a mobile home and create a rental property, personal residence, or long-term investment. The existing improvements add immediate functionality while still leaving plenty of room for future plans. Looking for even more potential? This lot can also be purchased together with the adjacent property featuring a beautifully maintained 4-bedroom, 2-bathroom double-wide manufactured home. Combined, the properties would total just over half an acre, creating a unique opportunity for multi-generational living, investment purposes, additional privacy, or expanded outdoor space. Whether you're searching for your next investment property, a place to set up a manufactured home, or additional land with valuable existing improvements, this property offers flexibility, convenience, and tremendous potential.
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Learn About the Market: Opportunity in Texas




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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.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Pelican Bay
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