Sulthar Properties LLC is a full service Pelican Bay property management company serving Pelican Bay and surrounding areas. For property owners we offer lease only service, full service Pelican Bay property management service, Pelican Bay property management only service, Pelican Bay eviction service and real estate brokerage services. For our tenants we offer reasonably priced rental homes with exceptional customer service.
Being the trusted name in Pelican Bay property management, Sulthar Properties strives to create a win - win relationship with our Pelican Bay property owners and tenants. You will no longer have to worry about your property when you have Sulthar Properties manage your property. At Sulthar Properties we are dedicated to selecting quality tenants and keeping your investment in good condition with minimal repair cost. We want your real estate investment to be a success.
Pelican Bay is a small community along Eagle Mountain Lake in the northwestern corner of Tarrant County and about seventeen miles northwest of Fort Worth.
The town was born of one man's desire to build a friendly community. In 1970, Olen Yandell owned a struggling dairy farm called the Circle-Y, just north of Azle, off FM 730, next to Eagle Mountain Lake. On the land that his 150 cows grazed, Yandell envisioned making his own Sausalito. Sausalito is a waterfront resort community near San Francisco. There would be shops, a sailing school, a riding club, a recreation center with a pool.
Yandell named his 148-acre development Pelican Bay, after Pelican Island, southeast of the shore. The tiny island got its name, residents say, from the birds that flocked around it before a big storm whipped their feathers off, turning the bay into a sea of white and gray. No one can say when that was, but it was before Yandell had his vision. Yandell sold some lots, but interest rates rose, and his company went bankrupt within five years. Lot by lot, Pelican Bay was sold at auction.
The early settlers of Pelican Bay were governed by a homeowners association, until the need for better roads and law enforcement led to a series of petition drives and, eventually, an incorporation election. Over the objections of Fort Worth and Azle - which saw the community as a target for expansion - residents voted by a 3-1 ratio to become a city.
Pelican Bay incorporated August 8, 1981. Ruth Howard, who led the petition drives, became the first mayor.
Despite multiple obstacles, Pelican Bay persevered but not as the resort community Olen Yandell envisioned almost 37 years ago.
Today, Pelican Bay looks a lot like it did in the early days with a mix of site built and manufactured homes. Long time residents have raised multiple generations here at the ‘Bay and more recent residents have discovered this secret oasis outside the Metroplex. The city park has been remodeled with a new playground and other projects including the building of a Municipal Complex are in the works. Years may go by but some things still hold true to Olen Yandell’s vision, we are a friendly place to live with nice people.