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$278,000

NAL Estimated Property Value

1408 Beach Dr, Pelican Bay, TX, 76020

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,302 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$207.3 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Water Heater, Ice Maker, Microwave
FlooringCeramic Tile

Exterior

Exterior FeaturesLighting, Private Yard
Lot Size11,012 sqft

Building Information

Year Built2022
Garage Spaces2

Land Information

APN23333-1-28
Lot Number28
Land UseResidential
Legal DescriptionLAKEVIEW ESTS - PELICAN BAY BLOCK 1 LOT 28
Census Tract114203
Assessed Land Value$60,000
Assessed Improvement Value$182,964
Assessment Year2025

About this property

HURRY! Desire peace, quietness and privacy in a location? Or how about a truly light and bright home? Well, this is it! Built in 2022 and is located on a large pie shaped homesite as well as cul-de-sac. TOO COOL! Skillfully designed, lovely open floor plan has 18x18 floor tile in all rooms, including closets. NO CARPET! Charming entry leads to the living room for family gatherings. Kitchen has light countertops, dark cabinets and black appliances. Nice combinations of colors. The Chef can enjoy cooking in this kitchen for sure. Master is located on the back of this home with back yard views. One secondary bedroom is at the front of the home with great views of the neighborhood, being the premier homesite in the cul-de-sac. This same view can be had as you relax and enjoy a morning cup of coffee on your 14-foot-wide front porch. Tons of room in the backyard for EVERYTHING...kids play, Church gatherings, cook-outs and MORE! Eagle Mountain Lake is close. DEER, they are even closer. HURRY!

Investor Tools

Property Icon
$278,000
Estimated Property Value
$255,073Estimated Mortgage Balance
$22,927Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,668 /month
Positive
Cash Flow Estimate:
$556 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$424/month
$150/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,698
$242,964
2025
$60,000
$182,964
$242,964
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,698
$242,964

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First United Bank & Trust Co
Fha
$265,010
Yes
First
Apr 26, 2024
May 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$255,073
$22,927
8%
92%
$1,589/mo

City: Pelican Bay

1408 Beach Dr | Property Details | No Agent List