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$377,590

NAL Estimated Property Value

705 Pelican Way, Saginaw, TX, 76131

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths3,016 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$121.52 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Electric Range, Electric Water Heater, Ice Maker, Microwave
FlooringCarpet, Laminate, Simulated Wood

Exterior

Exterior FeaturesRain Gutters, Private Yard
Lot Size10,250 sqft

Building Information

Year Built2007
Stories2
Garage Spaces3

Land Information

APN17657G-15-4
Lot Number4
SubdivisionHeather Ridge Estates
Land UseResidential
Legal DescriptionHEATHER RIDGE ESTATES BLOCK 15 LOT 4
Census Tract114003
Assessed Land Value$65,000
Assessed Improvement Value$312,590
Assessment Year2025

About this property

Gorgeous 3 Bedroom 2 Bath 3 Car Garage Home Located on a Private, Quiet, Culdesac Homesite in Saginaw. This 3016ft Home Features Large Rooms Throughout. Upon Entering You are Greeted by the Formal Living Room and Formal Dining Room. Continuing into The Large Family Room that Features an Electric Fireplace and Plenty of Room for Even the Largest Furniture. Overlooking the Family Room is the Open Concept Gourmet Island Kitchen Featuring Plenty of Cabinets and Countertops as Well as Stainless Steel Appliances. Finishing off the Downstairs is the Large Breakfast Area, Utility Room and a Half Bath. The Upstairs Features a Huge Gameroom and 3 Huge Bedrooms Including The Master Bedroom and Master Bath which Features Double Vanities and a Large Master Closet. Foam Insulation in Attic, 3 Car Garage. The Neighborhood Features a Community Pool, Playground and Walking Trail. Located In the Eagle Mountain Saginaw ISD this home is close to Schools Shopping and Entertinment. This One Won't Last

Investor Tools

Property Icon
$377,590
Estimated Property Value
$372,329Estimated Mortgage Balance
$5,261Estimated Equity
1% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,266 /month
Positive
Cash Flow Estimate:
$755 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$617/month
$240/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$377,590
2025
$65,000
$312,590
$377,590
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$377,590

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Swift Home Loans Inc
Va
$373,950
Yes
First
Feb 4, 2026
Mar 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$372,329
$5,261
1%
99%
$2,243/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,670/mo
$2,483/mo
+$187/mo
8.5%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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: Saginaw

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