$331,715Average Value$403Average Price per Sq Ft2Homes For Sale
A tucked-away community along Eagle Mountain Lake
The community of Pelican Bay was born out of founder Olen Yandell's dream to have his own Sausalito, a picturesque resort just outside San Francisco. Yandell owned 148 acres of land along the shores of Eagle Mountain Lake, previously occupied by his 150 grazing cows. In 1970, Yandell named his development Pelican Bay, and in 1981, the community was officially incorporated and housing began to develop. Today, Pelican Bay is Tarrant County's best-kept secret, tucked away from Fort Worth with proximity to the water. "It's a unique lakeside community that's very affordable for its access to a nice lake," says Realtor Sue Laux of eXp Realty. "It's set up in a community-oriented way. People help each other here." In the neighborhood's early development, Yandell emphasized he wanted to create a "friendly place with nice people," and Pelican Bay today holds firm to its founder's wishes with its tight-knit community.
Open lot homes in Pelican Bay provide residents with the opportunity to own a traditional single-family home or reside in nearby RV Parks.
Pelican Bay residents along the shore of Eagle Mountain Lake enjoy scenic views for miles.
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A mix of manufactured homes and custom estates
Pelican Bay was initially planned as a resort community, and while it's primarily residential today, the shady streets and proximity to the lake contribute to a resort feel. Buyers will mostly find manufactured homes on tree-covered lots. "The lots are a good size, so you won't feel crowded with your neighbors," Laux says. Other popular home styles include traditional brick ranch-style houses and new traditional homes in subdivisions. These newer homes have built-in garages and sidewalks, offering walkability through the neighborhood. Some gated communities, like Laguna Bay Estates, offer privacy and security for those looking for a waterfront house. These homes come in several styles, including brick and stone Millennium Mansions and modern, contemporary homes. Manufactured homes cost between $100,000 and $180,000. Traditional ranch-style houses range from $400,000 to nearly $800,000, and luxury waterfront homes are listed between $1 million to $3 million.
Stylish architecture in the Pelican Bay neighborhood make it a desirable place to live.
A mobile home by the lake in Pelican Bay neighborhood is a calm and simple retreat.
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Azle Independent School District
Kids growing up in Pelican Bay attend schools in the Azle Independent School District, which scored an overall B on Niche. Students attend Liberty Elementary School for kindergarten through fourth grade and W.E. Hoover Elementary School for fifth and sixth grade. Niche gave both elementary schools an overall B. Santo Forte Junior High School serves seventh and eighth graders and received an overall B-minus on Niche. Students progress to Azle High School to earn their diplomas. The school offers career and technical education programs in agriculture, automotive technology, health occupations and criminal justice. Niche gave the high school an overall B.
Azle High School's mascot is the Hornet, reflecting the school's spirited community.
Liberty Elementary in Pelican Bay is ready for summer with colorful signs and happy vibes.
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Lakeside fun at Pelican Park
Pelican Bay residents often head down to the beach at Pelican Park for a day of swimming in Eagle Mountain Lake. The beach area is popular with locals looking to beat the Texas heat. Locals can bring food to grill out at the park and eat at one of the available picnic tables. Boaters hit the water at the public boat ramp down the street from Pelican Park. The boat ramp area also has a fishing pier that extends into the lake, allowing local anglers space to cast a line for bass, catfish and crappie. West Bay Marina is another popular spot for launching and storing boats on Eagle Mountain Lake. The marina has over 180 boat slips and a ship store with boating supplies, snacks, drinks, sunscreen and beer.
Sailors adventurously navigating across Eagle Mountain Lake within Pelican Bay.
Fishing and leisure activities are popular on this scenic pier in Pelican Bay Park.
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Heading into Azle to run errands
"Residents also enjoy heading into Azle for a nice meal," Laux says. She recommends El Paseo Mexican Restaurant, known for its classic Tex-Mex dishes, including fajitas and chimichangas. The restaurant features wooden décor, which gives it the feel of an old-fashioned cantina. Azle is also where locals run errands and stock up on groceries. Shopping options include Albertsons, Brookshire's or Walmart Supercenter.
A heartfelt tribute in Azle, near Pelican Bay, celebrates community heroes.
Reeves Hardware in Pelican Bay, Fort Worth, Texas, has everything you need in one place.
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Navigating Pelican Bay
Residents typically drive to get around Pelican Bay, and public transportation is not within reach. The community is tucked away from major roads, but access to Highway 199 is about 4 miles away. Commuters headed into Fort Worth have about a 21 mile-trip eastbound on 199 before they're in the city's heart. The nearest hospital is the Texas Health Harris Methodist Hospital in Azle, about 6 miles away. And the Dallas Forth Worth International Airport is about 40 miles away.
Highway 199 near Pelican Bay is designed for easy navigation into Fort Worth.
Well-maintained roads in Pelican Bay reflect the neighborhood's devotion to travel.
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Written By
Brennen Martin
Photography Contributed By
Christopher Saint Germain
Video By
Drew Webster
Interested in learning more about homes in this area?
Reach out to
Rachel Robertson,
an experienced agent in this area.
On average, homes in Pelican Bay, TX sell after 118 days on the market compared to the national average of 55 days. The median sale price for homes in Pelican Bay, TX over the last 12 months is $1,249,950, down 7% from the median home sale price over the previous 12 months.
Enjoy lake living in Pelican Bay, a lakeside community just minutes from Eagle Mountain Lake. This almost new 3-bedroom, 2-bath home offers 1,568 square feet of thoughtfully designed space with an open concept layout, spacious living area, and kitchen with island. The primary suite features a large walk-in closet, dual sinks, and a separate shower, while two secondary bedrooms and a full guest
Welcome home to peaceful living in Pelican Bay, TX—where quiet streets, fresh air, and nature set the tone from the start. This inviting house sits at the end of a cul de sac, giving you extra privacy and virtually no traffic. Built in 2020, the home feels modern, clean, and ready for new memories. With 4 bedrooms and 2 bathrooms, there is space for everyone to relax, work, and play. The 1,698
Welcome to 1393 Beach Dr in Azle—a rare opportunity to own a beautifully maintained, one-owner home tucked away on a quiet cul-de-sac just minutes from Eagle Mountain Lake. This inviting 4-bedroom, 2-bath residence offers the perfect blend of comfort, convenience, and functionality, ideal for families, entertainers, or anyone seeking a peaceful retreat with easy city access. Step inside to
Brand new, never lived in, mobile home surrounded by mature trees on larger .17 acre lot with an optional adjacent .21 acre lot available for those looking for more space for recreation or pets. Purchase of the additional lot would give the new owner a total of .38 acres (nearly half acre). If you’ve been searching for a new home that offers space, privacy, and a true connection to nature, this
Open-concept 3-bedroom home located in the highly sought-after Lakeview Estates neighborhood and part of the esteemed Azle ISD. Built in 2021, this residence is just minutes away from the scenic Eagle Mountain Lake. The primary bedroom is spacious, the bath has 2 sinks, separate tub and shower. This home features a spacious kitchen ideal for casual dining or entertaining, seamlessly flowing into
Welcome to this spacious and well-maintained 4-bedroom, 2-bath home situated on over half an acre in Azle ISD. Built in 2019 and only moved once, this property qualifies for a wide range of financing options—making it an excellent opportunity for many buyers. Inside, you’ll find a functional layout featuring 1,456 square feet of living space, including a dedicated office perfect for working from
Welcome to this lovely 3 bed 2 bath ONE OWNER home in the Azle ISD. Situated on a spacious lot with plenty of privacy from a 6ft wood fence enclosing the entire back yard. Flooring throughout the entire house has been updated. Carpet installed in the bedrooms March 2026. Vinyl Installed in the bathrooms March 2026. Vinyl Plank flooring throughout the rest of the home installed January 2025. Open
NEW LOWER PRICE! COME SEE THIS RENOVATED MOBIL HOME. The mobile home has new subfloors, sheetrock and everything is new. Fully renovated 3-bedroom 2-bath single-wide home, perfectly nestled on a flat lot close to Eagle Mountain Lake. The interior boasts luxurious vinyl plank flooring throughout the home. The open concept layout seamlessly connects, living room and dining room with the kitchen.
Welcome to this charming two bedroom-two bath home in the lakeside community of Pelican Bay near Eagle Mountain Lake. This property features a comfortable layout, a newly added deck perfect for outdoor entertainment, and a fully fenced in yard, offering space for pets, play or gardening. Enjoy the relaxed lake lifestyle while being conveniently located to Azle, Weatherford and Fort Worth. Great
Add this great tenant occupied property to your rental portfolio or make this one your first rental with a tenant already in place! Tenant occupied - do not disturb tenant. Tenant is on a month to month basis. Adorable 3 bedroom home in Pelican Bay a small suburb close to Azle. Walk to the lake and fish. Enjoy fantastic natural beauty of animals and trees. Feed the deer that will literally walk
Looking for your next nightly rental or great property to add to your rental portfolio? THIS IS IT! UNBELIEVALBLE PRICE! Handsome brick front three bedroom home in Pelican Bay a quiet suburb near Azle. Enjoy endless wildlife. Feed the peaceful and serene deer that have made this area their home. Walk to the lake and go fishing. Boat ramp 2 minutes away. Make this your weekend getaway, your next
ATTENTION FIRST TIME HOME BUYERS, INVESTORS OR DOWNSIZERS- THIS IS THE HOME YOU HAVE BEEN WAITING FOR! PRICED RIGHT AT AN UNBEATABLE PRICE- CHEAPER THAN RENT! Super cute brick facing three bedroom home in Pelican Bay a quiet suburb close to Azle. Enjoy endless wildlife. Feed the peaceful and serene deer that have called this area their home. Walk to the lake and drop a fishing pole. Boat ramp
This home is professionally managed by Tricon, dedicated to creating exceptional rental experiences. Featuring 3 bedrooms, 2.0 bathrooms, and approximately 1,944 square feet, this well-maintained home offers a high standard of rental living, supported by a team that puts residents first. As a Tricon resident, you'll enjoy access to Tricon Vantage — a program designed to support your rental
Great location for fishing, shopping, restaurants, walking and seeing the beautiful deer that roam free. 2-bedroom, garden tub, and separate shower.Peaceful and quite country living. Kitchen has brand new microwave with exhaust fan. Electric stove. and dishwasher. Brand new closet doors and vinyl flooring throughout. Anyone 18 or over to fill out a tenant application online with Tenant
Coming soon - this home is currently being enjoyed by another resident but will be available soon. This home is professionally managed by Tricon, dedicated to creating exceptional rental experiences. Featuring 3 bedrooms, 2.0 bathrooms, and approximately 1,776 square feet, this well-maintained home offers a high standard of rental living, supported by a team that puts residents first. As a
No minimum credit score needed. Not available for showings until Saturday October 16th. 3 bed 2 bath home in Pelican Bay. Split bedroom concept. In unit washer and dryer hookups. Pets are case by case basis. $995 deposit required. Proof of income, background check, and rental history required. Application fees are $30 non-refundable per adult. Renters Insurance required after move in.
You must come see this meticulously kept 3 bedroom 2 bathroom home! You are greeted with open concept kitchen, dining and living with wood burning fireplace upon entry. The granite countertops and stainless steel appliances are a beautiful touch . The bedrooms are all large and the master suite has double sinks , garden tub and separate walk in shower. Come see this beauty it won’t last long!
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