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$172,000

NAL Estimated Property Value

1865 Florida Drive 33-36, Seabrook, TX, 77586

Off MarketInfo
CommercialInfo
Beds2 Beds
Baths1 Bath
Baths833 Sq Ft
Multi FamilyMulti Family
price_per_sqft$504.2 / sqft
Year BuiltBuilt in 1960

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesRange, Refrigerator

Building Information

Year Built1960

Land Information

APN1189910000001
Land UseResidential
Legal DescriptionUNIT 33 BLDG 1 .10000 INT COMMON LAND & ELE JOANN'S COTTAGES SEC 1 CONDO
Census Tract341600
Assessed Land Value$11,617
Assessed Improvement Value$49,527
Assessment Year2025

About this property

HERE IS AN OPPORTUNITY TO OWN A FOUR UNIT COMPLEX IN SEABROOK WHERE ALL THE UNITS HAVE BEEN REMODELED! There is one unit that can be view that is listed for rent @$1K. All units are 2 bedroom and 1 bath. Property Tax ID's #89910000001,#1189910000002,#1189910000003 & #1189910000004. All units can be viewed when an acceptable contract is in place. Please do not disturb the renters. NO HOA attached to this property.

Investor Tools

Property Icon
$172,000
Estimated Property Value
$36,674Estimated Mortgage Balance
$135,326Estimated Equity
78% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,520 /month
Positive
Cash Flow Estimate:
$840 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$134/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$745
$61,144
2025
$11,617
$49,527
$61,144
No

Tax History

Year
Tax Paid
Assessed Value
2024
$745
$61,144

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Trong Q Tran
Unknown
$105,000
No
First
May 30, 2003
Jul 2018

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$36,674
$135,326
78%
21%
$630/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,420/mo
$630/mo
+$790/mo
9.9%

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: Seabrook

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1865 Florida Drive 33-36 | Property Details | No Agent List