When was property at 1572 Reef Drive built and last sold?

The property at 1572 Reef Drive was built in 1984 and last sold on Jan 1, 1970 for $0.

How much is this home worth?

The estimated value of the home located at 1572 Reef Drive is $158,310.

What are some comparable homes to 1572 Reef Drive?

There are currently no comparable homes to 1572 Reef Drive.

Pelican Bay

76020

Pelican Bay

1572 Reef Drive

Sold on Sep 17, 2026

Map

$137,500

● House - Off Market

1572 Reef Drive

Pelican Bay, TX 76020

3 Beds

1 Bath

945 Ft²

$712

Est. Monthly

About This Property

Add this super cute three bedroom home to your rental portfolio or make it your first rental or CALLING ALL FIRST TIME HOMEBUYERS! Home may qualify for special financing and lender incentives. Currently tenant occupied so please do not disturb the tenants. Great brick facing 3 bedroom home in Pelican Bay a small suburb next to Azle. Enjoy endless wildlife, walk to the lake and go fishing, feed the gentle deer that graze in the yards and surrounding area. Absolutely ideal for everyone! Discover comfort and charm in this delightful 3 bedroom - 1 bath home. With an open floor plan, this home feels bright and airy, offering a seamless flow from living to dining to kitchen, perfect for everyday living and entertaining. The 1 car garage provides convenient storage and also serves a laundry area with washer and dryer hookups. The spacious yard offers room to relax or create your ideal outdoor space. Situated within Azle ISD and with no HOA, this home is a fantastic opportunity to plant roots in a friendly, established community, add this to your rental portfolio, make this your first rental or your first home or your forever home! Don't miss out on this gem!

No survey is available. Sold As-Is, seller will not make any repairs. All disclosures online.

Please do not disturb occupants.

Home is tenant occupied on a month to month basis and the tenant will need a 30 day notice to move out. The home is being managed by a professional management company which can continue on with the new buyer.

Unit Size

945 Ft²

Days on Market

Land Size

0.17 acres

Price per sqft

$153

Property Type

House

Property Taxes

HOA Dues

Year Built

1984

Payment Calculator

Cap Rate Calculator

Last updated: 2 months ago (NTREIS #21187188)

Price History

Date / Event	Date	Event
Sep 17, 2026	Sold	Premium
Sold
Aug 21, 2026	In contract	-
In contract
Aug 3, 2026	Price Decreased	$145,000 ↓ $13K (8.2%)
Price Decreased
Feb 20, 2026	Listed by AmeriPlex Realty, Inc.	$158,000
Listed by AmeriPlex Realty, Inc.

Property Highlights

Garage

Air Conditioning

Building Info

Overview

General

Year Built: 1984

Effective Year Built: 1984
Building Count: 1
Bedroom Count: 3
Bathroom Count: 1
Full Bathrooms: 1
Partial Bathrooms: 1
Building Condition: 6
Building Quality: 10
Construction Type: 6
Building Style: 0
Exterior Walls Type: 2
Interior Walls Type: 0
Roof Shape Type: 1
Roof Cover Type: 0
Floor Count: 100
Living Units: 1
Floor Cover: 0
Basement Type: 0
Basement Area: 0
Garage Type: 7
Garage Square Area: 273
Parking Space Count: 1
Patio Type: 59
Porch Type: 137
Pool Type: 0

Dimensions

Lot Size Square Feet: 7,404

Total Building Area: 945
Gross Building Area: 945
Building Area: 945
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 1

Heating: 3
Heated Square Feet: 945
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: PELICAN BAY TENTH FILING LOT
Land Acres: 0000000170
Standard Land Use Code: 1001
County Land Use Code: A1
State Land Use Code: A
Legal Description 1: PELICAN BAY TENTH FILING LOT 258

Neighborhood

School District Name: Azle Independent School District

School Tax School District: AZLE
Census Tract: 114203

Geography

Assessors Map Reference: 16-N

Account Number: 02196697
District: 036
Parcel: 02196697
Lot: 258
Municipality: PELICAN BAY
Latitude: 32.9256
Longitude: -97.5169

Address

Full Address: 1572 Reef Dr

Address - House Number: 1572
Address - Street Name: Reef
Address - Suffix Type: Dr
State: TX
City Name: Azle
Carrier Code: R004
4-Digit Zip Code: 5312
Zip Code: 76020

Valuation

Tax

Tax Year: 2023

Tax Amount: $327,497
Tax Rate Code Area: 915

Appraisal Valuation

Standard Deviation: 0.1716

Valuation Date: Feb 21, 2024
Confidence Score: 78
Final Value: 227,846
High Value: 266,945
Low Value: 188,746

Market Valuation

Market Total Value: $152,341

Market Land Value: $25,500
Market Improvement Value: $126,841

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $152,341
Assessed Land Value: $25,500
Assessed Improvements Value: $126,841

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Pelican Bay

Stats & Trends

Median Asking:

$175,000

Sale Price/ft²

$146

Below Asking

0.07%

Average Days on Market

104

Average Home Size

1248 ft²

Average Home Age

27.3 years

Currently For Sale

7 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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$1,895 /mo

4 Beds
2 Baths
2,048 ft²

1601 Quail Run, Pelican Bay, TX, 76020 Listing by Sarah Braddock

Unit for rent at 2013 Wood Trail, Azle, TX, 76020

$2,400 /mo

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2 Baths
1,796 ft²

2013 Wood Trail, Azle, TX, 76020 Listing by Jonnie Johnston

Unit for rent at 1380 Beach Drive, Pelican Bay, TX, 76020

$1,795 /mo

3 Beds
2 Baths
1,305 ft²

1380 Beach Drive, Pelican Bay, TX, 76020 Listing by Jen Butler

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Teresa Von Illyes, AmeriPlex Realty, Inc.
Last Updated: 2 months ago
Data Source: NTREIS MLS, MLS# 21187188
Details provided by NTREIS and may not match the public record