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$196,000

1608 Coral Rd # 167, Pelican Bay, TX, 76020

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,536 Sq Ft
Mobile HomesMobile Homes
price_per_sqft$117.19 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Electric Range
FlooringCarpet, Laminate

Building Information

Year Built2016

Land Information

APN32080-------167---80
Lot Number167
SubdivisionPelican Bay Tenth Filing
Land UseResidential
Legal DescriptionPELICAN BAY TENTH FILING LOT 167 2016 FLEETWOOD 32X48 LB#PFS1178952 BERKSHIRE
Census Tract114203
Assessed Improvement Value$30,360
Assessment Year2024

About this property

Welcome to this spacious 4-bedroom, 2-bath home nestled on a tranquil cul-de-sac lot. Where the deer roam freely and are friendly. Featuring an open floor plan, this home offers the perfect layout with the primary bedroom thoughtfully split from the secondary bedrooms. Enjoy the convenience of full-size washer and dryer connections, and stay cool with the newly installed (2023) AC. Step outside to a generous fenced yard adorned with mature trees, perfect for outdoor activities, or unwind on the inviting front deck. A shed provides ample outdoor storage. For outdoor enthusiasts, Eagle Mountain Lake is just minutes away, offering fantastic opportunities for fishing and swimming. This home combines comfort, convenience, and a prime location - don't miss out!

Investor Tools

Property Icon
$196,000
Estimated Property Value
$0Estimated Mortgage Balance
$196,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,176 /month
Positive
Cash Flow Estimate:
$392 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$136/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$653
$30,360
2024
N/A
$30,360
$30,360
No

Tax History

Year
Tax Paid
Assessed Value
2023
$653
$30,360

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$196,000
100%
0%
$0/mo

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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1608 Coral Rd # 167 | Property Details | No Agent List