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$162,000

NAL Estimated Property Value

1616 Quail Run, Pelican Bay, TX, 76020

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,064 Sq Ft
price_per_sqft$173.87 / sqft
Year BuiltBuilt in 1976

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Refrigerator, Vented Exhaust Fan, Warming Drawer, Washer
FlooringCarpet

Exterior

Exterior FeaturesPrivate Yard
Lot Size7,283 sqft

Building Information

Year Built1976

Land Information

APN32060C-19-3
Lot Number3
SubdivisionPelican Bay Addition
Land UseResidential
Legal DescriptionPELICAN BAY ADDITION BLOCK 19 LOT 3 1976 14 X 76 ARTCRAFT LB# TXS0621439 MODEL 1976 ARTCRAFT
Census Tract114203
Assessed Land Value$33,440
Assessed Improvement Value$16,833
Assessment Year2025

About this property

Tucked away in a quiet neighborhood on Eagle Mountain Lake, this totally remodeled single-wide manufactured home is your ticket to relaxation. Step inside and feel the cozy vibes mixed with modern style. The sleek kitchen is equipped with modern appliances for ease of preparing meals. Outside, there's even more to love! A separate guest house means your guests can stay with ease and comfort, and there's plenty of room for parking along the gravel driveway. Take a stroll to the nearby lake or hang out by the pond area. Faux grass makes for endless playtime possibilities. Whether you're after a weekend escape or a permanent home, this place has got you covered. With its picturesque surroundings and inviting atmosphere, this charming retreat offers the perfect blend of comfort and relaxation. Countless moments of joy and rejuvenation await you and your loved ones. Get ready to unwind and enjoy your slice of serenity!

Investor Tools

Property Icon
$162,000
Estimated Property Value
$123,721Estimated Mortgage Balance
$38,279Estimated Equity
23% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,110 /month
Positive
Cash Flow Estimate:
$370 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$102/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$412
$50,273
2025
$33,440
$16,833
$50,273
No

Tax History

Year
Tax Paid
Assessed Value
2024
$412
$50,273

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$127,920
No
First
Jul 5, 2024
Aug 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$123,721
$38,279
23%
76%
$767/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,020/mo
$767/mo
+$253/mo
7.6%

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.

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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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1616 Quail Run | Property Details | No Agent List