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$261,000

1200 N Meyer Street, Sealy, TX, 77474

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,392 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$176.01 / sqft
Year BuiltBuilt in 1953

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available

Exterior

Lot Size15,899 sqft

Building Information

Year Built1953
Garage Spaces1

Land Information

APN16297
SubdivisionI Gifford
Land UseResidential
Legal DescriptionA179 I GIFFORD
Census Tract760301
Assessed Land Value$58,400
Assessed Improvement Value$142,820
Assessment Year2025

About this property

Welcome to your versatile oasis in the heart of charming Sealy, TX! This unique property seamlessly blends commercial and residential potential without the constraints of an HOA. Step inside to discover the fresh interior paint (11/2023,) providing a modern and inviting atmosphere. The kitchen and bathroom boast quirky, vintage tiles that add character and charm to the space, creating a delightful blend of old-world aesthetics and contemporary comfort. Situated on over a third of an acre, this property offers ample space for your imagination to run wild, be it commercial, residential, or BOTH! The expansive outdoor living space is a true highlight, providing a canvas for entertaining, gardening, or simply taking in the Texas sun. Embrace the simplicity of small town living, where major highways, local amenities, schools, and parks are just a stone's throw away. Seize the opportunity to make this property your own – a place where the past meets the present, and your dreams find a home!

Investor Tools

Property Icon
$261,000
Estimated Property Value
$0Estimated Mortgage Balance
$47,558Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,566 /month
Positive
Cash Flow Estimate:
$522 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$387/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,345
$201,220
2025
$58,400
$142,820
$201,220
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2024
$3,345
$201,220

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prime Lending Inc
Fha
$216,015
Yes
First
Aug 21, 2024
Sep 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$213,442
$47,558
18%
82%
$1,322/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Sealy

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1200 N Meyer Street | Property Details | No Agent List