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$196,000

NAL Estimated Property Value

1620 Sheri Ct, Pelican Bay, TX, 76020

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,577 Sq Ft
Manufactured HomeManufactured Home
price_per_sqft$126.76 / sqft
Year BuiltBuilt in 2023

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Electric Range, Refrigerator

Exterior

Exterior FeaturesRain Gutters
Lot Size6,835 sqft

Building Information

Year Built2023

Land Information

APN32060C-19-29
Lot Number29
SubdivisionPelican Bay Addition
Land UseResidential
Legal DescriptionPELICAN BAY ADDITION BLOCK 19 LOT 29 2023 CHAMPION 30 X 52 LB# NTA2150435 MODEL CHPR-3252H32P03
Census Tract114203
Assessed Land Value$31,400
Assessed Improvement Value$33,279
Assessment Year2025

About this property

New Champion home on a quiet secluded cul-de-sac lot. Nature and deer surround you. FHA approved foundation. Bright, spacious kitchen and living area. Refrigerator included. Walk in pantry and large separate laundry room. Split bedrooms, all with walk in closets. Vinyl floors throughout the home, no carpet. Oversized deck on the front, deck on the back as well. Beautiful lot with scattered trees. Other upgrades include gutters, landscaping, blinds and ceiling fans in living and primary bedroom. Community has a public beach and picnic area. Public boat ramp is also available. Agent is the Owner.

Investor Tools

Property Icon
$196,000
Estimated Property Value
$203,067Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,199 /month
Positive
Cash Flow Estimate:
$400 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$107/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$302
$64,679
2025
$31,400
$33,279
$64,679
No

Tax History

Year
Tax Paid
Assessed Value
2024
$302
$64,679

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texasbank
Fha
$203,194
Yes
First
Mar 18, 2024
Apr 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$203,067
N/A
0%
104%
$1,268/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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1620 Sheri Ct | Property Details | No Agent List