Last 24 Hours
$173,363
NAL Estimated Property Value1502-1616 Eagle Lake Road, Sealy, TX, 77474
Off Market
Commercial
2 Beds
2 Bath
1,788 Sq Ft
Multi Family
Built in 1979Highlights
Interior
Bedrooms 2
Bathrooms Full 2
Garage AvailableAppliancesRange, Dishwasher, Refrigerator
Exterior
Lot Size2,614 sqft
Building Information
Year Built1979
Garage Spaces1
Land Information
APN20929
Lot Number8
SubdivisionEdgewood Village Townhomes
Land UseResidential
Legal DescriptionEDGEWOOD VILLAGE TOWNHOMES BLOCK 3 LOT 8
Census Tract760302
Assessed Land Value$15,000
Assessed Improvement Value$158,363
Assessment Year2025
About this property
Rare opportunity to own two-thirds of a 30 unit townhome community in a growing area of Sealy. Total of 19 individual townhome units comprised of sixteen two bedrooms, two and half baths, and three, three bedroom two and half bath units. Status of occupancy: 13 occupied units, 3 vacant in mid-remodel condition, and 3 vacant in rental-able condition. Low taxes and carrying costs make this a very attractive income producing property with growth potential.
Investor Tools
$173,363
Estimated Property Value
$0Estimated Mortgage Balance
$173,363Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$12,600 /month
Positive
Cash Flow Estimate:
$4,200 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$356/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,406
$173,363
2025
$15,000
$158,363
$173,363
Yes (2024)
Tax History
Year
Tax Paid
Assessed Value
2024
$3,406
$173,363
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$173,363
100%
0%
$0/mo
12.4%