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$349,000

2054 Pelican Isle Dr, Kerens, TX, 75144

On MarketInfo
Beds1 Beds
Baths1 Bath
Baths400 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$872.5 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
AppliancesElectric Range, Microwave, Refrigerator, Washer
FlooringVinyl

Exterior

Exterior FeaturesDock, Fire Pit, Private Yard
Lot Size2,701 sqft

Building Information

Year Built2009
Stories1
Garage Spaces6

Land Information

APN56360
Lot Number29
SubdivisionPelican Isle
Land UseResidential
Legal DescriptionP0215 PELICAN ISLE BLK 3 LOT 29 .062 ACRES
Census Tract970600
Assessed Land Value$60,750
Assessed Improvement Value$74,820
Assessment Year2025

About this property

Welcome to your lakefront getaway overlooking Richland Chambers lake. This waterfront offers 3 lots that includes a tiny home, covered back deck, fishing pier, Two 8X12 storage buildings, and a chain link fence. This property is ready for you to enjoy the lake life just in time for the summer. Dont miss out.

Investor Tools

$241,051Estimated Mortgage Balance
$151,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,094 /month
Positive
Cash Flow Estimate:
$698 /month

Interested in this property?

Leslie Grubbs

Sewalt Real Estate

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$148/month
$195/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,023
$78,264
2025
$60,750
$74,820
$135,570
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,023
$78,264

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Incommons Bank Na
Stand Alone First / Home Equity First Lien
$242,100
No
First
Feb 13, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$241,051
N/A
0%
160%
$1,452/mo

City: Kerens

2054 Pelican Isle Dr | Property Details | No Agent List