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$90,000

505 S Main St, Seadrift, TX, 77983

$117,000 ARVInfo
On MarketInfo
CommercialInfo
Beds— Beds
Baths— Bath
Baths936 Sq Ft
OfficeOffice
price_per_sqft$96.15 / sqft
Year BuiltBuilt in 1967

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —
FlooringConcrete

Exterior

Lot Size3,751 sqft

Building Information

Year Built1967

Land Information

APN34025
Lot Number11
Land UseCommercial
Legal DescriptionSEADRIFT TOWNSITE, BLOCK 8, LOT 11
Census Tract000502
Assessed Land Value$15,000
Assessed Improvement Value$19,770
Assessment Year2025

About this property

Unit is 1 large room with separate restroom, all services are installed (this owner has never occupied the unit & has no knowledge of condition of services or defects of structure.) Unit is being sold "as is" with no repairs or treatments by seller. Structure is concrete blocks filled with concrete (1960's built). Flat roof, a few newer windows in front wall. Property faces Main St. with moderate traffic, paved access, sidewalk and parking area on street. No restrictions for use. Rear yard is completely fenced & gated. (heavy brush from rear entrance to alley inside fenced area). Unit was build to house a post office, and was used as a "hurricane shelter" during storms in 1960's. Last use was a day-care type facility...pre-Covid era.

Investor Tools

$0Estimated Mortgage Balance
$34,770Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$117,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$540 /month
Positive
Cash Flow Estimate:
$180 /month

Interested in this property?

Kathleen Lambright

Pooley Land & Realty Company

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$75/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$732
$34,770
2025
$15,000
$19,770
$34,770
No

Tax History

Year
Tax Paid
Assessed Value
2025
$732
$34,770

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$34,770
100%
0%
$0/mo

City: Seadrift

505 S Main St | Property Details | No Agent List