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Foreclosure Homes in Pelican Bay, TX

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Pelican Bay, TX Foreclosures

How much do homes sell for in Pelican Bay, TX?
The average home price is currently $873,764.
In Pelican Bay, TX, how many homes are available?
There are currently 1 active home listings available in Pelican Bay.
What’s the average rental cost in Pelican Bay, TX?
The average rental price in Pelican Bay is $1,552.
What is the most expensive home in Pelican Bay?
The most expensive home sold in Pelican Bay had a price of $3,117,700.
What is currently the cheapest priced home in Pelican Bay, TX?
The cheapest home for sale in Pelican Bay is priced at $51,000.

Living in Pelican Bay, TX

Pelican Bay, TX is a tranquil community known for its lakeside beauty and outdoor recreational activities. It offers a mix of residential options, making it appealing to families and retirees. With access to local amenities, it provides a balanced lifestyle in a serene setting.

Current Market Conditions in Pelican Bay, TX

The real estate market in Pelican Bay is currently showing steady growth, with an increase in demand for waterfront properties. Investors are seeing potential in the area's expansion, particularly as more families and retirees seek out peaceful living environments.

Home prices in Pelican Bay have been on the rise, fueled by desirable features such as natural beauty and family-friendly amenities. This trend indicates a promising investment opportunity for those looking to enter the market.

Home Value Estimator For Pelican Bay, TX

There are currently 19 real estate properties in Pelican Bay, TX, with a median automated valuation model (AVM) price of $587,993.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Pelican Bay, TX, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Pelican Bay, TX, is $873,764.00, with the most expensive house in Pelican Bay, TX, topping out at $3,117,700.00 and the cheapest home in Pelican Bay, TX, clocking in at $51,000.00. In other words, there’s something for every potential homebuyer or savvy investor in Pelican Bay, TX!

Rent Prices In Pelican Bay, TX

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Pelican Bay, TX, is on a rollercoaster ride. The average rent price in Pelican Bay, TX, is $1,552.00. Indeed, when looking to rent in Pelican Bay, TX, you can expect to pay as little as $620.00 or as much as $2,790.00, with the average rent median estimated to be $1,380.00. The good news is that finding an affordable and desirable property to rent in Pelican Bay, TX -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Pelican Bay, TX Foreclosures


Market Trend for Pelican Bay, TX

Total Listings Available: 1

Market Values:

Home Prices from $51,000 to $3,117,700

Average Sales Price: $873,764

Rental Values:

Rental from $620 to $2,790

Average Rent Value: $1,552 / month

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