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$395,000

NAL Estimated Property Value

1509 Inlet Drive, Pelican Bay, TX, 76020

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,890 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$185.13 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Disposal, Electric Range, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile

Exterior

Lot Size1.22 acres

Building Information

Year Built2018
Garage Spaces2

Land Information

APN37775-1-11
Lot Number11
SubdivisionSecurity Point Addition
Land UseResidential
Legal DescriptionSECURITY POINT ADDITION BLOCK 1 LOT 11
Census Tract114203
Assessed Land Value$85,748
Assessed Improvement Value$295,377
Assessment Year2025

About this property

The wait is over!! This Beautiful Custom Home sits on 1.2 acres about 500 yards away from Eagle Mountain Lake. 3 bedrooms 2 bathroom features wood look tile throughout the main areas, open concept with tons of natural light. Large master with separate shower and tube. Covered back patio to enjoy the wildlife that frequent the backyard. Sprinklers front and back. This is one you don’t wont to miss out on.

Investor Tools

Property Icon
$395,000
Estimated Property Value
$337,773Estimated Mortgage Balance
$57,227Estimated Equity
14% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,370 /month
Positive
Cash Flow Estimate:
$790 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$871/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,472
$381,125
2025
$85,748
$295,377
$381,125
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,472
$381,125

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Fha
$343,561
Yes
First
Sep 8, 2021
Oct 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$337,773
$57,227
14%
86%
$2,211/mo

City: Pelican Bay

1509 Inlet Drive | Property Details | No Agent List