$335,446Average Value$340Average Price per Sq Ft1Home 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
Rena Connors,
an experienced agent in this area.
On average, homes in Pelican Bay, TX sell after 90 days on the market compared to the national average of 58 days. The median sale price for homes in Pelican Bay, TX over the last 12 months is $1,000,000, down 25% from the median home sale price over the previous 12 months.
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
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
Enjoy affordable lake living in this move-in ready 3-bedroom, 2-bath home situated on a spacious corner lot in the lake community of Pelican Bay. This well-maintained home features a bright open-concept layout with stylish wood-look flooring and a spacious kitchen complete with custom painted cabinetry, center island, breakfast bar, new stainless steel sink, and updated faucet—perfect for
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MOTIVATED SELLER - MOVE IN READY... WAITING FOR IT'S NEW OWNER....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
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Welcome to this beautifully maintained home in Azle, where comfort, space, and peaceful living come together. Nestled in a quiet, established neighborhood, this property offers an inviting layout, abundant natural light, and a warm, welcoming atmosphere throughout. The spacious living area serves as the heart of the home, featuring an open flow into the kitchen and dining areas, perfect for both
Lake Living at an Incredible Value in Pelican Bay! Welcome to 1512 Sheri Lane S, where affordable lake-community living meets stylish updates and everyday convenience. This beautifully refreshed 3-bedroom, 2-bath home offers 1,292 sq ft of move-in-ready living space and is an exceptional opportunity for buyers looking to get near the water without the premium price tag. Major recent improvements
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
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Well-maintained 2-bedroom, 2-bath single-story home located in Pelican Bay, Azle. The home offers a functional layout with an open living and kitchen area, standard appliances, and comfortable bedroom sizes. Features include central heating and air, and an attached 1-car garage. The backyard provides usable outdoor space with room for everyday activities. Conveniently located near local schools,
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
Mary EarlsThe Michael Group Real Estate
$1,050 per month
2 Bedroom 2 Bath Apartment w/ Washer and Dryer Connections
2 bedroom 2 bath upstairs apartment with central air and heat. Enjoy the open floor plan of the Livingroom, Dining room, and Kitchen with an open pantry. Your laundry room is along the hall that lead to the 2 bedrooms and the guest bath. The primary bedroom has 1 closet and a private bath. Enjoy your afternoons sitting outside on your covered patio, Unit also comes with an assigned covered
Step into this beautifully maintained three-bedroom, two-bathroom home, offering a perfect blend of comfort, style, and functionality. The heart of the home is its open-concept layout, where the kitchen, living room, and dining area flow seamlessly together to create an airy, welcoming space ideal for both everyday living and entertaining. The kitchen features generous counter space and a
2 bedroom 2 bath apartment. Enjoy the open floor plan of the Livingroom, Dining room, and Kitchen with an open pantry. Your laundry room is along the hall that lead to the 2 bedrooms and the guest bath. The master bedroom has 1 closet and a private bath. Enjoy your afternoons sitting outside on your covered patio, Tenant pays water and electric. This is and upstairs unit. Not all finishes are
$1,675 per month
COMING SOON! 3BD/2BA Energy-Efficient Duplex | Granite | Island Kitchen | Garage | Yard Care Incl...
? COMING SOON ?LIFE ON THE WATER'S EDGEA Stunning 3-Bedroom Duplex Steps from Eagle Mountain Lake1324 White Sand Drive | Pelican Bay, TX 760203 Bed · 2 Bath · 1,149 Sq Ft · 1-Car GarageNestled in the sought-after Lakeview Estates community, this stunning duplex puts the serene beauty of Eagle Mountain Lake practically at your doorstep. Mornings begin with fresh lake
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