1534 Gale Dr · Pelican Bay, TX 76020

$175,000

3 bd · 2.0 ba · 1,216 sqft · Manufactured public records · 217 Days on market

Built 2011 7,710 sqft lot $144/sqft · at area comps Est $183k · at est.

---

Why this score? — see what drove the C- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +20.0/30.0
• ARV discount +9.5/15.0
• DSCR +6.3/10.0
• 1% rule +4.4/10.0
• Schools +3.6/10.0
• Rent growth +3.1/5.0
• Livability +3.1/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Experience affordable lake living in Pelican Bay, a welcoming lakeside community just moments from Eagle Mountain Lake. This well-maintained 3-bedroom, 2-bath manufactured home offers approximately 1,216 square feet of functional space on a .177-acre lot, with no HOA and convenient community access to a private boat ramp and fishing pier. Inside, a split-bedroom floorplan provides comfort and privacy. The open-concept layout connects the living, dining, and kitchen areas, ideal for gatherings or everyday living. The kitchen features black appliances, ample counter space, a high-top breakfast bar, and a hidden cabinet that opens to a cleverly combined pantry and laundry room. The primary suite is privately located and includes a large walk-in closet, dual sinks, a garden soaking tub, and a separate shower. Two secondary bedrooms and a full guest bath are located on the opposite side of the home, offering flexibility for household members, visitors, or workspace needs. Outdoor living is easy with covered porches at both the front and rear entrances, a 2-car carport, and a flat, usable yard that’s ideal for pets, gardening, or recreation. Pelican Bay residents enjoy the lake lifestyle while being close to local conveniences in nearby Azle, including grocery stores, shopping, and restaurants. Whether you're looking for a primary residence, weekend escape, or an investment opportunity, this home provides value, location, and flexibility. Looking for more space? The adjacent lot is also available (MLS #21111468) and features a 28x24 metal workshop — ideal for hobbies, storage, or future projects. This additional lot is prepped with its own water, power, and sewer! This is an excellent opportunity to own a home near the lake with space to spread out and no HOA restrictions.

Key facts

• Dual sinks
• Fishing pier
• Open concept kitchen

Tags

• FISHING PIER
• LARGE WALK-IN CLOSET
• DUAL SINKS
• GARDEN TUB
• SEPARATE SHOWER
• OPEN CONCEPT KITCHEN

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $175k.

Deal economics

• At list price, monthly cash flow is $216 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $164k (6.2% below list).
• Recommended offer: $154k (12.0% below list) — sets the bar for market timing.
• Cap rate 7.8% vs local median 6.3% in Pelican Bay — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

Location & tenants

• Location reads 62/100 on livability (#917 in TX) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, crime A; Watch: health & safety D+, schools F, amenities F.
• Azle ISD (suburban): math 37% / reading 43% proficiency, ranked #351 of 826 in TX (top 42%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents rising (+2.3%/yr); 591 active listings in the ZIP; 11 comparable units currently listed for rent nearby; rentals at typical pace (median 22d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 18,938 units permitted in Tarrant County in 2024 (8,336 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k of value loss. Plan a longer hold.
• Tarrant County population projected at +41% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 217 days — a 12% lower offer ($154k) is reasonable based on typical stale-listing flexibility.
• 7 sale attempts since 21y ago; this cycle's ask has dropped $25k (12%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Climate carrying-cost: extreme-heat days projected 7→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $154,000 (12.0% below list)

Questions for the listing agent

1. It's been on market 217 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
5. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
6. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
7. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.94% ✗
• Cap rate: 7.77%
• Cash-on-cash: 5.28%
• DSCR: 1.23
• GRM: 8.9

CMA / ARV

• ARV (median comp): $183,000
• List price: $175,000
• Delta: -4.37%
• Verdict: FAIR
• Comps: 13 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1405 Cardinal Ter	0.20mi	3/2.0	1,216 (0%)	6mo	$125,000	$103	86
1413 Dawn Dr N	0.27mi	3/2.0	1,216 (0%)	3mo	$150,000	$123	85
1821 Gale Dr	0.34mi	3/2.0	1,216 (0%)	1mo	$183,000	$150	83
1521 Lark Ct	0.39mi	3/2.0	1,216 (0%)	2mo	$185,000	$152	80
1605 Sheri Ct	0.35mi	3/2.0	1,216 (0%)	5mo	$185,000	$152	79
1552 Chaparral Ln	0.48mi	3/2.0	1,216 (0%)	1mo	$185,000	$152	77
1704 Coral Rd	0.17mi	3/2.0	1,178 (-3%)	15mo	$180,950	$154	74
1505 Mockingbird Ln	0.30mi	3/2.0	1,232 (+1%)	14mo	$159,500	$129	72
1609 Quail Run	0.25mi	3/2.0	1,152 (-5%)	15mo	$174,900	$152	68
1413 Whippoorwill Way	0.34mi	2/2.0 (-1)	1,144 (-6%)	8mo	$115,000	$101	63
1820 Coral Rd	0.31mi	3/2.0	1,368 (+12%)	12mo	$179,900	$132	55
1901 Gale Dr	0.43mi	3/2.0	1,344 (+10%)	16mo	$105,000	$78	49

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 2.31% rent growth · sell at horizon

5-year hold

• IRR: -8.9%
• Equity multiple: 0.68×
• Total profit: $-15,811
• Equity at exit: $26,093

10-year hold

• IRR: -0.3%
• Equity multiple: 0.98×
• Total profit: $-886
• Equity at exit: $15,131

Cash invested: $49,000 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 87 Strongly Landlord-Friendly
• State Texas: 87 Strongly Landlord-Friendly · R+5
• County: — inherits STATE
• City: — inherits STATE

3-day notice; statewide preemption; one of the fastest eviction climates; Travis County (Austin) slightly slower.

Methodology + full state rankings →

ZIP-level market 76020

• Home prices YoY: -20.6%
• Rents YoY: 2.3%
• Active inventory: 591
• Price-to-rent: 8.9×

Monthly cashflow live

• Estimated rent: $1,642 high
• Mortgage (P&I): −$918
• Tax from tax record: −$91 /mo · $1,093/yr
• Insurance: −$73
• HOA: −$0
• Vacancy / Maint / Mgmt: −$345
• Net cashflow: $216

Break-even live

Break-even rent $1,369

Max offer price $175,000

Occupancy floor 82%

Sensitivity live

Price	-10% $315	-5% $265	+0% $216	+5% $166	+10% $117
Rent	-10% $86	-5% $151	+0% $216	+5% $280	+10% $345
Rate	-1.0pp $304	-0.5pp $260	base $216	+0.5pp $170	+1.0pp $124

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $43,750
• Closing costs: $5,250
• Reserves months: —
• Total cash needed: —

Rent comps 11 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1620 Mockingbird Ln Azle, TX	3.0	2.0	1090	$1,499	$1.38	21d	1	0.32mi
1844 Sheila Dr Azle, TX	3.0	2.0	1319	$1,675	$1.27	7d	1	0.36mi
1329 Fox Hollow Ct Azle, TX	2.0	1.0	924	$900	$0.97	7d	1	0.44mi
1920 Reef Ct Azle, TX	3.0	2.0	1090	$1,449	$1.33	44d	1	0.48mi
11124 Liberty School Rd Unit 24B Azle, TX	2.0	2.0	700	$999	$1.43	22d	1	0.75mi
1324 White Sand Dr Azle, TX	3.0	2.0	1149	$1,650	$1.44	5d	1	0.76mi
11128 Liberty School Rd Unit 28A Azle, TX	2.0	2.0	700	$1,050	$1.50	25d	1	0.76mi
1408 Yachtclub Dr Azle, TX	3.0	2.0	1302	$2,000	$1.54	13d	1	0.77mi
1300 White Sand Dr Unit 1304 Azle, TX	3.0	2.0	1149	$1,695	$1.48	44d	1	0.78mi
1304 White Sand Dr Azle, TX	3.0	2.0	1149	$1,695	$1.48	44d	1	0.81mi
700 Stribling Cir Azle, TX	3.0	2.0	1311	$1,659	$1.27	17d	1	1.46mi

Listing history 48 events

1. 2026-06-18
   days on market $175,000 Active 217 DOM
2. 2026-06-17
   days on market $175,000 Active 216 DOM
3. 2026-06-16
   days on market $175,000 Active 215 DOM
4. 2026-06-15
   days on market $175,000 Active 214 DOM
5. 2026-06-13
   days on market $175,000 Active 212 DOM
6. 2026-06-13
   days on market $175,000 Active 211 DOM
7. 2026-06-09
   days on market $175,000 Active 208 DOM
8. 2026-06-08
   days on market $175,000 Active 207 DOM
9. 2026-06-07
   pricedays on market $175,000 Active 206 DOM
10. 2026-06-04
    days on market $180,000 Active 203 DOM
11. 2026-06-03
    days on market $180,000 Active 202 DOM
12. 2026-06-02
    days on market $180,000 Active 201 DOM
13. 2026-06-01
    days on market $180,000 Active 200 DOM
14. 2026-05-31
    days on market $180,000 Active 199 DOM
15. 2026-04-27
    price $185,000 1821-char remark

    Show marketing remark (1821 chars)

    Experience affordable lake living in Pelican Bay, a welcoming lakeside community just moments from Eagle Mountain Lake. This well-maintained 3-bedroom, 2-bath manufactured home offers approximately 1,216 square feet of functional space on a .177-acre lot, with no HOA and convenient community access to a private boat ramp and fishing pier. Inside, a split-bedroom floorplan provides comfort and privacy. The open-concept layout connects the living, dining, and kitchen areas, ideal for gatherings or everyday living. The kitchen features black appliances, ample counter space, a high-top breakfast bar, and a hidden cabinet that opens to a cleverly combined pantry and laundry room. The primary suite is privately located and includes a large walk-in closet, dual sinks, a garden soaking tub, and a separate shower. Two secondary bedrooms and a full guest bath are located on the opposite side of the home, offering flexibility for household members, visitors, or workspace needs. Outdoor living is easy with covered porches at both the front and rear entrances, a 2-car carport, and a flat, usable yard that’s ideal for pets, gardening, or recreation. Pelican Bay residents enjoy the lake lifestyle while being close to local conveniences in nearby Azle, including grocery stores, shopping, and restaurants. Whether you're looking for a primary residence, weekend escape, or an investment opportunity, this home provides value, location, and flexibility. Looking for more space? The adjacent lot is also available (MLS #21111468) and features a 28x24 metal workshop — ideal for hobbies, storage, or future projects. This additional lot is prepped with its own water, power, and sewer! This is an excellent opportunity to own a home near the lake with space to spread out and no HOA restrictions.

16. 2026-02-28
    price $190,000 1821-char remark

    Show marketing remark (1821 chars)

    Experience affordable lake living in Pelican Bay, a welcoming lakeside community just moments from Eagle Mountain Lake. This well-maintained 3-bedroom, 2-bath manufactured home offers approximately 1,216 square feet of functional space on a .177-acre lot, with no HOA and convenient community access to a private boat ramp and fishing pier. Inside, a split-bedroom floorplan provides comfort and privacy. The open-concept layout connects the living, dining, and kitchen areas, ideal for gatherings or everyday living. The kitchen features black appliances, ample counter space, a high-top breakfast bar, and a hidden cabinet that opens to a cleverly combined pantry and laundry room. The primary suite is privately located and includes a large walk-in closet, dual sinks, a garden soaking tub, and a separate shower. Two secondary bedrooms and a full guest bath are located on the opposite side of the home, offering flexibility for household members, visitors, or workspace needs. Outdoor living is easy with covered porches at both the front and rear entrances, a 2-car carport, and a flat, usable yard that’s ideal for pets, gardening, or recreation. Pelican Bay residents enjoy the lake lifestyle while being close to local conveniences in nearby Azle, including grocery stores, shopping, and restaurants. Whether you're looking for a primary residence, weekend escape, or an investment opportunity, this home provides value, location, and flexibility. Looking for more space? The adjacent lot is also available (MLS #21111468) and features a 28x24 metal workshop — ideal for hobbies, storage, or future projects. This additional lot is prepped with its own water, power, and sewer! This is an excellent opportunity to own a home near the lake with space to spread out and no HOA restrictions.

17. 2026-01-16
    price $195,000 1821-char remark

    Show marketing remark (1821 chars)

    Experience affordable lake living in Pelican Bay, a welcoming lakeside community just moments from Eagle Mountain Lake. This well-maintained 3-bedroom, 2-bath manufactured home offers approximately 1,216 square feet of functional space on a .177-acre lot, with no HOA and convenient community access to a private boat ramp and fishing pier. Inside, a split-bedroom floorplan provides comfort and privacy. The open-concept layout connects the living, dining, and kitchen areas, ideal for gatherings or everyday living. The kitchen features black appliances, ample counter space, a high-top breakfast bar, and a hidden cabinet that opens to a cleverly combined pantry and laundry room. The primary suite is privately located and includes a large walk-in closet, dual sinks, a garden soaking tub, and a separate shower. Two secondary bedrooms and a full guest bath are located on the opposite side of the home, offering flexibility for household members, visitors, or workspace needs. Outdoor living is easy with covered porches at both the front and rear entrances, a 2-car carport, and a flat, usable yard that’s ideal for pets, gardening, or recreation. Pelican Bay residents enjoy the lake lifestyle while being close to local conveniences in nearby Azle, including grocery stores, shopping, and restaurants. Whether you're looking for a primary residence, weekend escape, or an investment opportunity, this home provides value, location, and flexibility. Looking for more space? The adjacent lot is also available (MLS #21111468) and features a 28x24 metal workshop — ideal for hobbies, storage, or future projects. This additional lot is prepped with its own water, power, and sewer! This is an excellent opportunity to own a home near the lake with space to spread out and no HOA restrictions.

18. 2025-11-13
    listed $199,900 Active 1821-char remark

    Show marketing remark (1821 chars)

    Experience affordable lake living in Pelican Bay, a welcoming lakeside community just moments from Eagle Mountain Lake. This well-maintained 3-bedroom, 2-bath manufactured home offers approximately 1,216 square feet of functional space on a .177-acre lot, with no HOA and convenient community access to a private boat ramp and fishing pier. Inside, a split-bedroom floorplan provides comfort and privacy. The open-concept layout connects the living, dining, and kitchen areas, ideal for gatherings or everyday living. The kitchen features black appliances, ample counter space, a high-top breakfast bar, and a hidden cabinet that opens to a cleverly combined pantry and laundry room. The primary suite is privately located and includes a large walk-in closet, dual sinks, a garden soaking tub, and a separate shower. Two secondary bedrooms and a full guest bath are located on the opposite side of the home, offering flexibility for household members, visitors, or workspace needs. Outdoor living is easy with covered porches at both the front and rear entrances, a 2-car carport, and a flat, usable yard that’s ideal for pets, gardening, or recreation. Pelican Bay residents enjoy the lake lifestyle while being close to local conveniences in nearby Azle, including grocery stores, shopping, and restaurants. Whether you're looking for a primary residence, weekend escape, or an investment opportunity, this home provides value, location, and flexibility. Looking for more space? The adjacent lot is also available (MLS #21111468) and features a 28x24 metal workshop — ideal for hobbies, storage, or future projects. This additional lot is prepped with its own water, power, and sewer! This is an excellent opportunity to own a home near the lake with space to spread out and no HOA restrictions.

19. 2013-12-09
    soldstatus
20. 2013-12-02
    soldstatus Closed 401-char remark

    Show marketing remark (401 chars)

    Walking distance to Eagle Mountain Lake!! Just like new singlewide. Spacious kitchen with lots of cabinet space. Breakfast bar. Open the tall cabinet doors in the breakfast area to reveal the concealed laundry room with extra pantry space. Split bedrooms. Garden tub, separate shower, & dual sinks in master bath. Metal carport. Free access to Eagle Mountain Lake with boat ramp and fishing pier.

21. 2013-11-08
    status Pending 401-char remark

    Show marketing remark (401 chars)

    Walking distance to Eagle Mountain Lake!! Just like new singlewide. Spacious kitchen with lots of cabinet space. Breakfast bar. Open the tall cabinet doors in the breakfast area to reveal the concealed laundry room with extra pantry space. Split bedrooms. Garden tub, separate shower, & dual sinks in master bath. Metal carport. Free access to Eagle Mountain Lake with boat ramp and fishing pier.

22. 2013-10-19
    price $44,000 401-char remark

    Show marketing remark (401 chars)

    Walking distance to Eagle Mountain Lake!! Just like new singlewide. Spacious kitchen with lots of cabinet space. Breakfast bar. Open the tall cabinet doors in the breakfast area to reveal the concealed laundry room with extra pantry space. Split bedrooms. Garden tub, separate shower, & dual sinks in master bath. Metal carport. Free access to Eagle Mountain Lake with boat ramp and fishing pier.

23. 2013-10-06
    price $45,000 401-char remark

    Show marketing remark (401 chars)

    Walking distance to Eagle Mountain Lake!! Just like new singlewide. Spacious kitchen with lots of cabinet space. Breakfast bar. Open the tall cabinet doors in the breakfast area to reveal the concealed laundry room with extra pantry space. Split bedrooms. Garden tub, separate shower, & dual sinks in master bath. Metal carport. Free access to Eagle Mountain Lake with boat ramp and fishing pier.

24. 2013-09-25
    price $46,000 401-char remark

    Show marketing remark (401 chars)

    Walking distance to Eagle Mountain Lake!! Just like new singlewide. Spacious kitchen with lots of cabinet space. Breakfast bar. Open the tall cabinet doors in the breakfast area to reveal the concealed laundry room with extra pantry space. Split bedrooms. Garden tub, separate shower, & dual sinks in master bath. Metal carport. Free access to Eagle Mountain Lake with boat ramp and fishing pier.

25. 2013-09-22
    price $48,000 401-char remark

    Show marketing remark (401 chars)

    Walking distance to Eagle Mountain Lake!! Just like new singlewide. Spacious kitchen with lots of cabinet space. Breakfast bar. Open the tall cabinet doors in the breakfast area to reveal the concealed laundry room with extra pantry space. Split bedrooms. Garden tub, separate shower, & dual sinks in master bath. Metal carport. Free access to Eagle Mountain Lake with boat ramp and fishing pier.

26. 2013-09-05
    price $49,000 401-char remark

    Show marketing remark (401 chars)

    Walking distance to Eagle Mountain Lake!! Just like new singlewide. Spacious kitchen with lots of cabinet space. Breakfast bar. Open the tall cabinet doors in the breakfast area to reveal the concealed laundry room with extra pantry space. Split bedrooms. Garden tub, separate shower, & dual sinks in master bath. Metal carport. Free access to Eagle Mountain Lake with boat ramp and fishing pier.

27. 2013-08-05
    listed $50,000 Active 401-char remark

    Show marketing remark (401 chars)

    Walking distance to Eagle Mountain Lake!! Just like new singlewide. Spacious kitchen with lots of cabinet space. Breakfast bar. Open the tall cabinet doors in the breakfast area to reveal the concealed laundry room with extra pantry space. Split bedrooms. Garden tub, separate shower, & dual sinks in master bath. Metal carport. Free access to Eagle Mountain Lake with boat ramp and fishing pier.

28. 2013-07-29
    historical
29. 2013-07-01
    price $55,000 Active
30. 2013-07-01
    status Active
31. 2013-06-20
    status Pending
32. 2013-06-13
    historical Active Option Contract
33. 2013-06-04
    price $45,000
34. 2013-05-18
    price $48,000
35. 2013-04-29
    price $50,000
36. 2013-04-15
    price $54,000
37. 2013-04-09
    price $55,000
38. 2013-03-29
    listed $60,000 Active
39. 2012-06-27
    soldstatus
40. 2012-06-20
    soldstatus Closed
41. 2012-05-31
    status Pending
42. 2012-04-14
    listed $7,000 Active
43. 2011-12-13
    historical
44. 2011-08-14
    listed $7,000 Active
45. 2006-09-14
    soldstatus
46. 2006-07-26
    historical
47. 2005-10-25
    listed $4,000
48. 1998-07-17
    soldstatus

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast TX · Resets to sale price

• Current annual tax: $1,093 · $91/mo
• Projected year-2 tax: $3,202 · $267/mo
• Expected delta: +$2,110/yr (+$176/mo · 193.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 7/10 Severe 7 d/yr ≥110°F today · 22 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 24% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 2 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $19,706
• − Mortgage interest: −$9,803
• − Property taxes: −$1,093
• − Insurance: −$875
• − Repairs & maintenance: −$1,576
• − Management: −$1,576
• − Depreciation: −$5,091
• Taxable loss: −$308
• Est. tax savings @ 24.0%: +$74
• After-tax cash flow: $2,661/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Azle ISD
• NCES district ID: 4809200
• Math proficiency: 37% ▼ -11.00%
• Reading proficiency: 43% ▼ -5.00%
• Median HH income: $61,473
• Composite: 35.57/100
• National rank: #4900
• State rank: #351 of 826 in TX

Livability — Pelican Bay

• Score: 62/100
• State rank: #917
• US rank: #16376

Category grades

Amenities F Commute F Cost of living A+ Crime A Employment F Housing A+ Health & safety D+ User ratings C+

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Pelican Bay, TX
• County: Parker County · 144,797 people
• Metro: Dallas-Fort Worth-Arlington, TX
• Population (ZIP): 34,602
• Household income: $87,298
• Rent vs Own: 22.3% rent · 77.7% own
• Severe rent burden: 433.0

Population outlook (Tarrant County) Hauer SSP2

• Today (2025): 2,380,417 people
• By 2030: 2,578,900 · +8.3%
• By 2040: 2,974,995 · +25.0%
• By 2050: 3,350,489 · +40.8%
• By 2075: 4,216,909 · +77.2%
• By 2100: 4,741,527 · +99.2%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (78%)
• Race & ethnicity: White 78% Hispanic / Latino 18% Two or more races 9% Black 1%
• Hispanic origin (detail): Mexican 15%
• Common ancestry: Slovak 2% Italian 1% Portuguese 1%
• Foreign-born: 5% · Canada
• Languages at home: 89% English-only · Spanish 11%

Political lean MEDSL · Tarrant

• 2024 margin: Lean R (+5.1) · D 46.7% · R 51.9% · Other 1.4%
• 2008→2024 swing: +6.6pp toward D · 2008: -11.7pp · 2024: -5.1pp
• All cycles: 2024: R+5.1 2020: D+0.2 2016: R+8.7 2012: R+15.7 2008: R+11.7

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -74.72%
• Current HPI: 287.155
• Rent YoY: ▲ 2.31%
• Metro: Dallas-Fort Worth-Arlington, TX
• State GDP YoY: ▲ 3.95%
• F500 in state: 110

Industry mix (Fortune 500 HQ in TX)

Industry	F500 HQs	Revenue
▸Energy	16	$1,198B
▸Technology	5	$198B
▸Engineering / Construction	4	$72B
▸Energy Services	3	$60B
▸Utilities	3	$41B
▸Healthcare	2	$330B

Price history

+4525.0% since first listed

34 events — show timeline

• 2026-04-27 Price Changed $185,000 NTREIS
• 2026-02-28 Price Changed $190,000 NTREIS
• 2026-01-16 Price Changed $195,000 NTREIS
• 2025-11-13 Listed $199,900 NTREIS
• 2013-12-09 Sold (Public Records) — Public Records
• 2013-12-02 Sold (MLS) — NTREIS
• 2013-11-08 Pending — NTREIS
• 2013-10-19 Price Changed $44,000 NTREIS
• 2013-10-06 Price Changed $45,000 NTREIS
• 2013-09-25 Price Changed $46,000 NTREIS
• 2013-09-22 Price Changed $48,000 NTREIS
• 2013-09-05 Price Changed $49,000 NTREIS
• 2013-08-05 Listed $50,000 NTREIS
• 2013-07-29 Listing Removed — NTREIS
• 2013-07-01 Relisted — NTREIS
• 2013-07-01 Price Changed $55,000 NTREIS
• 2013-06-20 Pending — NTREIS
• 2013-06-13 Contingent — NTREIS
• 2013-06-04 Price Changed $45,000 NTREIS
• 2013-05-18 Price Changed $48,000 NTREIS
• 2013-04-29 Price Changed $50,000 NTREIS
• 2013-04-15 Price Changed $54,000 NTREIS
• 2013-04-09 Price Changed $55,000 NTREIS
• 2013-03-29 Listed $60,000 NTREIS
• 2012-06-27 Sold (Public Records) — Public Records
• 2012-06-20 Sold (MLS) — NTREIS
• 2012-05-31 Pending — NTREIS
• 2012-04-14 Listed $7,000 NTREIS
• 2011-12-13 Listing Removed — NTREIS
• 2011-08-14 Listed $7,000 NTREIS
• 2006-09-14 Sold (MLS) — NTREIS
• 2006-07-26 Listing Removed — NTREIS
• 2005-10-25 Listed $4,000 NTREIS
• 1998-07-17 Sold (Public Records) — Public Records

Property tax history

+12.3%/yr

Latest (2025): $1,093 · +13.3% YoY. Source: county tax records.