
$297,000
NAL Estimated Property Value1424 Wavelet Drive, Pelican Bay, TX, 76020
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About this property
Looking to build a home? Why wait? This brand new construction, bursting with curb appeal, was completed in the Spring of 2021 and is located just minutes from Eagle Mountain Lake! You'll love the open-plan concept, vaulted ceilings and large windows throughout. The kitchen is the heart of the home, complete with large granite island and stainless steel appliances. The master bathroom features double sinks, a garden tub with separate shower and large walk-in closet. The fully-fenced, grassy backyard is perfect for pets and for catching some sun. This stunning home is a short, 3-minute drive or 15-minute walk to Eagle Mountain Lake, so you'll be sure to enjoy the lake life in this property!
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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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