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$618,257

NAL Estimated Property Value

229 Fowlkes St, Sealy, TX, 77474

Off MarketInfo
CommercialInfo
Baths0 Bath
Baths3,333 Sq Ft
RetailRetail
price_per_sqft$101.71 / sqft
Year BuiltBuilt in 1888

Highlights

Interior

Bathrooms 0Bathrooms 0
FlooringWood

Exterior

Private PoolPrivate Pool
Exterior FeaturesNone
Lot Size5,955 sqft

Land Information

APN18431
Lot Number9-10
SubdivisionSealy Townsite
Land UseCommercial
Legal DescriptionSEALY TOWNSITE BLOCK 32 LOT 9 & 10 (PART OF 9)
Census Tract760202
Assessed Land Value$90,749
Assessed Improvement Value$595,531
Assessment Year2025

About this property

Single Tenant to 3-23-2019 at $3,383 per month. Tenant wants to renew. Historic Preibisch Building built in 1887. Main Street Historic District. Restored and updated. New bathrooms, electrical, wrought iron fence, privacy fence. 3,333 HVAC SF, 504 SF porches, 2,749 SF lawn. 8.9% CAP, $39,106 Net Operating Income, $10,452 Cash Flow, 28.0% Year 1 Cash on Cash. 6.3% projected Downtown annual property value increases. 1.5 MI to 1-10. Great visibility from TX-36. Large signage. 197.7 feet frontage.Restrictions: Yes

Investor Tools

Property Icon
$618,257
Estimated Property Value
$0Estimated Mortgage Balance
$618,257Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,710 /month
Positive
Cash Flow Estimate:
$1,237 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,083/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,901
$618,257
2025
$90,749
$595,531
$686,280
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2024
$9,901
$618,257

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$618,257
100%
0%
$0/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.

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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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229 Fowlkes St | Property Details | No Agent List