Back 1416 Gilley Trail
Off Market

1416 Gilley Trail

Pelican Bay TX 76020

6808.43 sq. ft.
Land
Mark CostelloMark Costello, last sold this property on 20 March 2026 after 58 days on market.

Overview

Interior residential lot with a flat building site and medium-sized trees, offering a versatile canvas for future development. Situated in an established Pelican Bay neighborhood, the property benefits from continued growth driven by Eagle Mountain Lake proximity and expanding residential demand. Convenient access to Azle, FM 730, Hwy 199, and Fort Worth supports both lifestyle use and long-term investment potential. This lot is one of a handful of properties available in Pelican Bay, offered individually or as part of a larger portfolio. The opportunity includes multiple residential lots and a 1+ acre commercial site nearby, allowing buyers to pursue anything from a single homesite to a broader residential and commercial investment strategy. With no HOA, buyers benefit from added flexibility compared to many surrounding neighborhoods, and there are no additional fees required to access the community amenities. Search '6 Build-Ready Lots for Sale in Pelican Bay' on YouTube for more info and aerial video. 0.1563 Acres - 6,812 SF

Features

6808.43 sq. ft. lot size
Land

Estimated Value

Based on this property and similar land plots sold in Pelican Bay over the last 12 months, the estimated median property value of 1416 Gilley Trail is $0.

Median value
$0
Estimated value range
$0 - $0
Median days on market
81
Estimated value trend
0%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Pelican Bay. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1416 Gilley Trail

2026
Sold
Undisclosed
20 Mar 2026 by Mark Costello, of The Costello Group

Happy sellers in Pelican Bay

87%
87% of sellers in Pelican Bay reported that their sale price either exceeded or met their price expectations.

Pelican Bay stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Pelican Bay over the last 12 months.

Local market activity for land plots in Pelican Bay

In the last 12 months, 79 land plots similar to 1416 Gilley Trail, have been sold.

This represents a 14% increase in land plots sales when compared to the previous 12 months.

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