$340,214Average Value$377Average Price per Sq Ft3Homes 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
Cynthia Bynum,
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 54 days. The median sale price for homes in Pelican Bay, TX over the last 12 months is $1,249,950, up 12% from the median home sale price over the previous 12 months.
Step into modern elegance at 1357 Beach Street, a custom-built home blending modern design with lake life convenience. The striking stone exterior, bold rooflines, and contemporary glass-paneled front door create standout curb appeal. Inside, porcelain flooring and tray ceilings enhance the bright, open-concept layout.The kitchen features sleek quartz countertops with a dramatic waterfall
Welcome to this affordable, newer home designed for comfort, convenience, and accessibility. Featuring 3 bedrooms and 2 full bathrooms, this home offers an open-concept layout that seamlessly connects the living, dining, and kitchen areas—perfect for everyday living and entertaining.Durable vinyl flooring throughout provides a clean, modern look while being easy to maintain. Thoughtfully
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
Built in 2023 ... relatively new construction, STILL has the 10 year warranty, well designed 3 bed, 2 bath home with an open floor plan, modern finishes, and a open concept layout... perfect for everyday living or as a starter home. Exterior usually includes a covered patio porch, fenced backyard, and landscaped lawn space. Close to shopping, restaurants, and schools. Information provided is
Private New Construction Retreat Surrounded by Mature Trees If you’ve been searching for a new home that offers space, privacy, and a true connection to nature, this one stands apart. Tucked beneath a canopy of mature trees, this brand-new home sits on a pristine lot that feels secluded and peaceful—yet remains convenient to everyday amenities. Expansive front and back decks extend the living
BC Homes Presents A Stunning Waterfront Escape in Laguna Bay. Experience the ultimate in lakeside living with this breathtaking custom-built home in the exclusive, gated Laguna Bay community on Eagle Mountain Lake. Perfectly positioned along a peaceful canal with direct lake access and sweeping open-water views, this property embodies the essence of a luxury waterfront retreat. Set on nearly an
Quiet Cul-de-Sac Lot Near Eagle Mountain LakeTucked away on a peaceful cul-de-sac just a short walk from Eagle Mountain Lake, this single-wide mobile home offers excellent potential. The generous lot provides plenty of space to enjoy the outdoors, and residents have access to a community boat ramp and dock for easy lake fun. With a little TLC, this could be an affordable full-time home,
Step into modern elegance at 1357 Beach Street, a custom-built home blending modern design with lake life convenience. The striking stone exterior, bold rooflines, and contemporary glass-paneled front door create standout curb appeal. Inside, porcelain flooring and tray ceilings enhance the bright, open-concept layout.The kitchen features sleek quartz countertops with a dramatic waterfall
Welcome to 1512 Sheri Lane S in the peaceful lake community of Pelican Bay, Texas. This charming 4-bed, 2-bath home offers 1,292 sq ft of updated living space on a 0.16-acre lot just minutes from Eagle Mountain Lake. Recent upgrades include new plumbing, wiring, and roof, ensuring comfort and peace of mind. The flexible floor plan features a main-level primary suite and an upstairs bonus room
Come and Enjoy the Lake and live in a New 2026 Champion Home with two decks. Split bedrooms, luxury vinyl floors throughout the home and large pantry, refrigerator included! Community has a public boat dock where residents can launch for free and a free public beach and park. Pictures Coming Soon!
Beautiful home for sale featuring 3 bedrooms, 2 bathrooms, an open concept floor plan and many more modern amenities throughout. The kitchen boasts upgraded countertops and energy-efficient appliances. Private master includes ensuite bathroom and walk-in closet. Smart home technology like a programmable thermostat and keyless smart locks connected.
Quaint 3 bedroom home in Pelican Bay. Ideal for everyone! Discover comfort and charm in this delightful 3 bedroom - 1 bath home located in the welcoming Pelican Bay neighborhood in Azle. 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
Welcome to your serene retreat near beautiful Eagle Mountain Lake. This charming, recently remodeled 2-bedroom, 2-bath home offers modern living in a peaceful setting. Step inside to find a stylish kitchen with updated appliances, spacious bedrooms with plenty of natural light, and beautifully updated bathrooms. Outside, unwind in the expansive backyard oasis, perfect for relaxation or
Coming soon - this home is currently being enjoyed by another resident but will be available soon. Pre-lease this home now with Tricon Pre-Lease Guarantee. This home is professionally managed by Tricon, dedicated to creating exceptional rental experiences. Featuring 3 bedrooms, 2.0 bathrooms, and approximately 1,522 square feet, this well-maintained home offers a high standard of rental living,
Quaint 3 bedroom home in Pelican Bay. Ideal for everyone! Discover comfort and charm in this delightful 3 bedroom - 2 bath home located in the welcoming Pelican Bay neighborhood in Azle. 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
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!
Description: Special: $1,000 off March rent if you move in before the end of March. Step into this beautifully crafted Kindred home, built in 2020 and designed to welcome you with warmth and style. Offering 1,829 square feet of modern comfort, this four-bedroom, two-bath home features a thoughtfully designed split floor plan that balances privacy with an open-concept layout perfect for gatherings
Available for rent March 1st! Freshly updated with all new appliances, flooring, paint, and more! House was remodeled with updated living style and would make the perfect space for a family, friends, or young couple starting out.This charming rental offers a spacious home with a large fenced in backyard, perfect for pets: even chickens! Enjoy the freedom of outdoor space while being close to
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