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$45,000

935 Blue Heron Way Lot 17, Kerens, TX, 75144

On MarketInfo
Baths0 Bath
Baths128 Sq Ft
Year BuiltBuilt in 2012

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Exterior FeaturesRV Hookup, Storage
Lot Size2,091 sqft

Land Information

APN56241
Lot Number16
SubdivisionPelican Isle
Land UseResidential
Legal DescriptionP0215 PELICAN ISLE BLK 1 LOT 16 .048 ACRES
Census Tract970600
Assessed Land Value$27,300
Assessed Improvement Value$1,740
Assessment Year2025

About this property

Lake life is calling from Pelican Isle on Richland-Chambers Lake! This improved interior lot in a fun lakeside RV resort community is ready for your weekend getaways, summer lake days, and laid-back outdoor living. Located at 935 Blue Heron Way, Lot 17 offers a cleared 2,091 square foot space with installed utilities, including connected electricity, co-op water, private sewer, underground utilities, and access from a private asphalt road. Whether you are looking for a recreational retreat, investment opportunity, or an easy lock-and-leave lake escape, this lot gives you a great head start. Storage buildings are already in place, giving you room for lake gear, fishing supplies, tools, outdoor furniture, and weekend essentials. The lot is partially fenced with a backyard-style setup, making it easy to enjoy your own defined space inside the community. Pelican Isle is packed with amenities designed for lake-area fun, including a boat ramp, community dock, clubhouse, community pool, laundry facilities, fishing areas, park, playground, gated access, and RV parking. Spend your days boating on Richland-Chambers Lake, relaxing by the pool, visiting with neighbors, or enjoying the easygoing atmosphere that makes this community so special. Want even more room? The adjacent Lot 16 is also available, giving buyers a unique opportunity to purchase side-by-side lots in Pelican Isle. See Lot 16 MLS #21307420 for additional details. Buy one or explore the possibility of owning both and create your own expanded lake-area retreat!

Investor Tools

Property Icon
$82,000
Estimated Property Value
$0Estimated Mortgage Balance
$77,301Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$492 /month
Positive
Cash Flow Estimate:
$164 /month

Interested in this property?

Julie Teel

RE/MAX Lakeside Dreams

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$57/month
$480/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$274
$20,952
2025
$27,300
$1,740
$29,040
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2024
$274
$20,952

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Tony Cusenza
Unknown
$6,300
No
First
Nov 13, 2014
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$4,699
$77,301
94%
6%
$38/mo

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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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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935 Blue Heron Way Lot 17 | Property Details | No Agent List