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$147,000

NAL Estimated Property Value

2056 Pelican Isle Drive, Kerens, TX, 75144

Off MarketInfo
Baths0 Bath
Baths3,440 Sq Ft
Unimproved LandUnimproved Land
Year BuiltBuilt in 2009

Highlights

Interior

Bathrooms 0Bathrooms 0
Garage AvailableGarage Available

Exterior

Exterior FeaturesStorage
Lot Size2,701 sqft

Building Information

Garage Spaces2

Land Information

APN56358
Lot Number27
SubdivisionPelican Isle
Land UseResidential
Legal DescriptionP0215 PELICAN ISLE BLK 3 LOT 27 .062 ACRES
Census Tract970600
Assessed Land Value$60,750
Assessed Improvement Value$40,420
Assessment Year2025

About this property

It's time to sit back, relax, and to enjoy all that this property has to offer! This Lakefront property is located in Pelican Isle RV Resort at Richland Chambers Lake. This property includes a concrete slab, 20x70 x14 awning, 20x20 covered deck, insulated storage room, its very own fishing pier, sewer, water, and electricity. Pelican Isle common areas include a private boat ramp and pier, pool, playground, clubhouse with showers in restrooms, and laundry mat.

Investor Tools

Property Icon
$147,000
Estimated Property Value
$44,939Estimated Mortgage Balance
$102,061Estimated Equity
69% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$882 /month
Positive
Cash Flow Estimate:
$294 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$141/month
$300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$958
$73,296
2025
$60,750
$40,420
$101,170
No

Tax History

Year
Tax Paid
Assessed Value
2024
$958
$73,296

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Financial Bank Na
Commercial
$51,000
No
First
Apr 9, 2020
Apr 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$44,939
$102,061
69%
31%
$306/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.

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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: Kerens

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2056 Pelican Isle Drive | Property Details | No Agent List