Last 24 Hours
$83,000
NAL Estimated Property Value1532 N Pelican Drive, Pelican Bay, TX, 76020
Off Market
2 Beds
1 Bath
672 Sq FtHighlights
Interior
Bedrooms 2
Bathrooms Full 1
Heating Central
CoolingExterior
Lot Size9,326 sqft
Building Information
Year Built1968
Land Information
APN32060C-18-2
Lot Number2
SubdivisionPelican Bay Addition
Land UseResidential
Legal DescriptionPELICAN BAY ADDITION BLOCK 18 LOT 2 1968 MEDALLION 12 X 56 LB# TXS0510174 MEDALLION
Census Tract114203
Assessed Land Value$32,115
Assessed Improvement Value$1,001
Assessment Year2025
About this property
0.21 Acre lot in Pelican Bay. Lot currently has an older mobile home, home is given no value. Great spot to put a new mobile. Water, sewer, and electricity in place.
Investor Tools
$83,000
Estimated Property Value
$0Estimated Mortgage Balance
$83,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$498 /month
Positive
Cash Flow Estimate:
$166 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$96/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$736
$33,116
2025
$32,115
$1,001
$33,116
Yes (2024)
Tax History
Year
Tax Paid
Assessed Value
2024
$736
$33,116
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$83,000
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,200/mo
N/A
+$1,200/mo
17.3%
12.4%