When was property at 1576 Reef Drive built and last sold?

The property at 1576 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 1576 Reef Drive is $0.

What are some comparable homes to 1576 Reef Drive?

There are currently no comparable homes to 1576 Reef Drive.

Pelican Bay

76020

Pelican Bay

1576 Reef Drive

Sold on Jun 8, 2026

Map

$135,000

● House - Off Market

1576 Reef Drive

Pelican Bay, TX 76020

3 Beds

2 Baths

1,020 Ft²

$663

Est. Monthly

About This Property

Make this your next investment opportunity with a tenant already in place! Please don't disturb tenants. What a great value! Buy this brick front super cute 3 bedroom home in Pelican Bay a quiet suburb next to Azle. Walk to the lake and go fishing for the afternoon. Enjoy endless wildlife including gentle deer that will hang out in your front yard for some treats. This home and area are ideal for everyone! Where else can you find a good solid home for this price?!?!?!? Discover comfort and charm in this delightful 3 bedroom - 2 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 or make this your next investment opportunity with a tenant already in place! 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. Home is being managed by a professional management company which can continue on with the new buyer. Tenant is moving out by May 1, 2026- after that this will be a go and show.

Unit Size

1,020 Ft²

Days on Market

Land Size

0.15 acres

Price per sqft

$132

Property Type

House

Property Taxes

HOA Dues

Year Built

1984

Payment Calculator

Cap Rate Calculator

Last updated: 5 months ago (NTREIS #21187190)

Price History

Date / Event	Date	Event
Jun 8, 2026	Sold	Premium
Sold
May 25, 2026	In contract	-
In contract
May 22, 2026	Price Decreased	$135,000 ↓ $30K (18.2%)
Price Decreased
Feb 20, 2026	Listed by AmeriPlex Realty, Inc.	$165,000
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: 2
Full Bathrooms: 2
Partial Bathrooms: 2
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: 6,722

Total Building Area: 1,020
Gross Building Area: 1,020
Building Area: 1,020
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 1

Heating: 3
Heated Square Feet: 1,020
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: 0000000154
Standard Land Use Code: 1001
County Land Use Code: A1
State Land Use Code: A
Legal Description 1: PELICAN BAY TENTH FILING LOT 256

Neighborhood

School District Name: Azle Independent School District

School Tax School District: AZLE
Census Tract: 114203

Geography

Assessors Map Reference: 16-N

Account Number: 02196670
District: 036
Parcel: 02196670
Lot: 256
Municipality: PELICAN BAY
Latitude: 32.9257
Longitude: -97.5167

Address

Full Address: 1576 Reef Dr

Address - House Number: 1576
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: $334,433
Tax Rate Code Area: 915

Appraisal Valuation

Standard Deviation: 0.1716

Valuation Date: Feb 21, 2024
Confidence Score: 78
Final Value: 230,551
High Value: 270,114
Low Value: 190,987

Market Valuation

Market Total Value: $155,567

Market Land Value: $23,145
Market Improvement Value: $132,422

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $155,567
Assessed Land Value: $23,145
Assessed Improvements Value: $132,422

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

Unit for rent at 1601 Quail Run, Pelican Bay, TX, 76020

$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

4 Beds
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: 5 months ago
Data Source: NTREIS MLS, MLS# 21187190
Details provided by NTREIS and may not match the public record