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$184,000

NAL Estimated Property Value

1408 Sheri Lane N, Pelican Bay, TX, 76020

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,456 Sq Ft
price_per_sqft$147.66 / sqft
Year BuiltBuilt in 2019

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Electric Cooktop, Electric Oven, Disposal, Microwave
FlooringLuxury Vinyl Plank

Exterior

Exterior FeaturesStorage
Lot Size5,083 sqft

Land Information

APN32060C-2-7
Lot Number7
SubdivisionPelican Bay Addition
Land UseResidential
Legal DescriptionPELICAN BAY ADDITION BLOCK 2 LOT 7
Census Tract114203
Assessed Land Value$17,505
Assessment Year2025

About this property

Welcome to this beautifully maintained double-wide manufactured home offering 1,456 square feet of comfortable living space in pristine condition! Featuring 4 bedrooms and 2 bathrooms, this spacious home provides the perfect blend of comfort, functionality, and affordability. Situated on a 0.23-acre lot with no known restrictions, you'll enjoy the flexibility and freedom that can be hard to find. The property also features additional parking behind the home, making it ideal for multiple vehicles, trailers, boats, or guests. Need extra room for your belongings? You'll appreciate the additional storage spaces that provide plenty of room for tools, equipment, and seasonal items. One of the standout features of this property is its financing flexibility. Because the home has only been moved once, it qualifies for FHA and VA financing, creating more opportunities for qualified buyers to achieve home-ownership. For those looking for additional space or future investment potential, there is also an option to purchase the adjacent lot next door, providing even more possibilities. The home's pristine condition showcases the care and pride of ownership throughout, making it truly move-in ready from day one. Whether you're a first-time home buyer, growing family, or someone looking for an affordable home with room to spread out, this exceptional property offers outstanding value, flexibility, and future potential. Don't miss your chance to own this move-in ready home with additional parking, extra storage, and the rare opportunity to expand with the neighboring lot.

Investor Tools

Property Icon
$184,000
Estimated Property Value
$0Estimated Mortgage Balance
$184,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,290 /month
Positive
Cash Flow Estimate:
$430 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$110/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$394
$17,505
2025
$17,505
N/A
$17,505
No

Tax History

Year
Tax Paid
Assessed Value
2025
$394
$17,505

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$184,000
100%
0%
$0/mo

City: Pelican Bay

1408 Sheri Lane N | Property Details | No Agent List