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Property Description
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
Full Property Details
Full Property Details for 1416 Gilley Trail
General
- Price: $50,000
- Taxes: $427
- Status: Active
- Type: Lots/Land
- Source: NTREIS
- MLS ID: 21158727
- Updated: Today (1/20/2026)
- Added to Site: Today
Location
- County: Tarrant
- Subdivision: Pelican Bay Add
- Driving Directions: GPS Accurate.
- Dist. to Street: 55
School Information
- Elem School District: Azle ISD
- Midd School District: Azle ISD
- High School District: Azle ISD
- Elementary School: Azle
- High School: Azle
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Available, Sewer Available, Separate Meters, Water Available
Structural Information
- Detached/Attached: Detached
Lot Features
- Lot Size (Acres): 0.1563
- Lot Size (Sq. Ft.): 6,808.43
- Lot Size Source: Assessor
- Frontage: City Street, All Weather Road, Asphalt
- Lot Features: Cleared, Cul-De-Sac, Interior Lot, Few Trees, City Lot
- Development Status: Streets Installed
- Potential Use: Manufactured Home, Mobile Home, Residential, Single Family
- Trees/Vegetation: Grassed
- Zoning: SF-3
Water Features
- Boat Dock Slip: Yes
Financial Considerations
- Tax Amount: $427
- Terms: Cash, Conventional
Disclosures and Reports
- Documents Avail.: Aerial
- Legal Description: PELICAN BAY ADDITION Block 26 Lot 5
- Property ID: 2193302
- Block: 26
- Lot Number: 5
Listed by The Costello Group, LLC, Mark Costello
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Schools
Schools serving 1416 Gilley Trail
School District:Azle Independent School District
| Name | Grades | Distance |
|---|---|---|
Liberty Elementary School, Azle, TX 11450 Liberty School Road, Azle, TX 76020 | PK-4 | 1 mi |
Santo Forte J High School 479 Sandy Beach Road, Azle, TX 76020 | 7-8 | 1.3 mi |
Azle High School 1200 Boyd Road, Azle, TX 76020 | 9-12 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1416 Gilley Trail
Date
Details
Price
Change
Source
1/20/2026
Listed
$50,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1416 Gilley Trail
Year
Property Taxes
Change
Tax Assessment
Change
2024
$478
19%
$19,000
-12%
2023
$403
—
$21,500
15%
2023
$403
43%
$18,768
71%
2022
$281
-2%
$10,948
—
2021
$288
49%
$10,948
56%
2020
$193
-3%
$7,000
—
2018
$199
—
$7,000
—
2017
$200
4%
$7,000
—
2016
$192
-1%
$7,000
—
2019
$193
122%
$7,000
122%
2015
$87
—
$3,150
—
2014
$87
-1%
$3,150
—
2013
$88
—
$3,150
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1416 Gilley Trail
1416 Gilley Trail, Pelican Bay, TX 76020 (MLS# 21158727) is a Lots/Land property with a lot size of 0.1563 acres. 1416 Gilley Trail is currently listed for $50,000 and was received on January 20, 2026. Want to learn more about 1416 Gilley Trail? Do you have questions about finding other Lots/Land real estate for sale in Pelican Bay? You can browse all Pelican Bay real estate or contact a Coldwell Banker agent to request more information.

