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$1,600

1504 Coral Cut Off, Pelican Bay, TX, 76020

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths1 Bath
Baths696 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$2.3 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 1Bathrooms 1
AppliancesElectric Oven, Electric Range
FlooringLaminate

Building Information

Garage Spaces1

About this property

Beautifully remodeled and move-in ready! Discover comfort, charm, and peaceful living in this adorable 3-bedroom, 1-bath home located in Pelican Bay, a quiet lakeside community just minutes from Azle. This home has been thoughtfully renovated from top to bottom with fresh interior paint, new flooring throughout, a completely remodeled bathroom, and an updated kitchen featuring new cabinetry, countertops, and appliances. Everything feels fresh, clean, bright, and ready for you to make it home! The open floor plan creates an easy flow between the living, dining, and kitchen areas, making the home feel spacious and inviting while providing a comfortable setting for everyday living and entertaining. The beautifully updated kitchen offers a fresh, modern look with plenty of workspace and storage, while the renovated bathroom and new flooring throughout give the entire home a cohesive, updated feel. The 1-car garage provides convenient covered parking, additional storage, and a dedicated laundry area with washer and dryer hookups. Step outside to a spacious yard with plenty of room to relax, enjoy the outdoors, or create your own backyard retreat. One of the best parts of living in Pelican Bay is the relaxed, small-community atmosphere surrounded by nature. Enjoy being close to Eagle Mountain Lake, where you can take advantage of nearby fishing and outdoor recreation, while still being within easy reach of shopping, dining, schools, and everyday conveniences in Azle. Mature trees and abundant wildlife add to the peaceful setting—you may even find deer wandering through the neighborhood and occasionally into your own front yard! Located within Azle ISD, this beautifully renovated home offers an affordable opportunity to enjoy a quieter lifestyle without giving up convenient access to the city. If you're looking for a freshly remodeled home with character, outdoor space, and a peaceful lakeside-community feel, this Pelican Bay gem is definitely worth seeing!

Investor Tools

$0Estimated Mortgage Balance
$0Estimated Equity
100% equity
Estimated Cap Rate
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Estimated ARV (After-Repair Value)*
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$786 /month
Positive
Cash Flow Estimate:
$262 /month

Interested in this property?

Teresa Von Illyes

AmeriPlex Realty, Inc.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$188/month
No HOA
5.947%

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.

Explore Texas Explore This Area
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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1504 Coral Cut Off | Property Details | No Agent List