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Owner Contacts

$213,000

NAL Estimated Property Value

1685 Long Ave, Pelican Bay, TX, 76020

Off Market

3 Beds

2 Bath

1,920 Sq Ft

$111.88 / sqft

Built in 2001

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Heating Central

Cooling

AppliancesDishwasher, Electric Oven, Electric Range

FlooringCarpet, Laminate

Exterior

Lot Size7,645 sqft

Building Information

Year Built2001

Land Information

APN32060C-23-57

Lot Number57

SubdivisionPelican Bay Addition

Land UseResidential

Legal DescriptionPELICAN BAY ADDITION BLOCK 23 LOT 57 2001 SOUTHERN ENERGY 32 X 60 LB# NTA1143517 SOUTHERN ENERGY

Census Tract114203

Assessed Land Value$26,340

Assessed Improvement Value$29,498

Assessment Year2025

About this property

FHA, VA & CONV LOAN ELIGIBLE! 2% BUYER CREDIT towards rate buy down or BUYER'S CLOSING COSTS AVAILABLE! Come see this beautifully updated home nestled in the heart of Pelican Bay. With too many updates to list, you will not be disappointed! This timeless OVERSIZED white kitchen features NEW COUNTERTOPS, subway tile backsplash, STAINLESS STEEL APPLIANCES and all new DESIGNER STYLED LIGHT FIXTURES. Gorgeous laminate floors flow from the kitchen , through the dining room and meet the WOOD BURNING FIREPLACE in the massive living room. Enjoy the benefits of a PERFECT OPEN CONCEPT FLOOR PLAN when entertaining friends and family. Bring your King sized bed into the LARGE MASTER SUITE! DUAL VANITIES, WALK IN SHOWER surround & SERENE GARDEN TUB await you in the master bathroom. The NEW ROOF and 2022 AC unit will bring PEACE OF MIND to whoever is lucky enough to call this one home. Information is deemed reliable but not guaranteed, buyer and buyers agent to independently verify all data.

Investor Tools

$213,000

Estimated Property Value

$209,845Estimated Mortgage Balance

$3,155Estimated Equity

1% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,289 /month

Positive

Cash Flow Estimate:

$430 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$192/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$1,241

$55,838

2025

$26,340

$29,498

$55,838

Tax History

Year

Tax Paid

Assessed Value

2024

$1,241

$55,838

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Ocmbc Inc

Fha

$214,051

Yes

First

Jun 28, 2023

Jul 2053

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$209,845

$3,155

99%

$1,330/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,590/mo

$1,330/mo

+$260/mo

9.0%

Learn About the Market: Opportunity in Texas

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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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