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$2,178,000

NAL Estimated Property Value

614 Pine Gully Road, Seabrook, TX, 77586

Off MarketInfo
CommercialInfo
Beds2 Beds
Baths2 Bath
Baths7,145 Sq Ft
price_per_sqft$313.05 / sqft
Year BuiltBuilt in 1995

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRange, Disposal, Microwave, Dishwasher, Refrigerator
FlooringConcrete, Tile

Exterior

Exterior FeaturesBalcony
Lot Size1 acre

Building Information

Year Built1995
Garage Spaces5

Land Information

APN0410080020576
SubdivisionAbst 52 R Morris
Land UseResidential
Legal DescriptionTR 1E-1 ABST 52 R MORRIS
Census Tract341600
Assessed Land Value$65,340
Assessed Improvement Value$1,049,660
Assessment Year2025

About this property

614 Pine Gully Rd. is truly a "one-of-a-kind" income producing, multi family property located 1/2 block from Galveston Bay and next to Pine Gully Park on 1 acre of land. The "Hacienda" style property includes multiple buildings featuring 8 rental units with a 2-bedroom, 2 full bath Spanish style freestanding home w/detached garage, 5 additional buildings include a 2 B/R, 1 Bath unit and six 1 B/R, 1 Bath units currently occupied by 8 tenants. Multiple balconies, ground level patios and upper level patio area w/bay and & park views. Possible multi-generational property w/great income potential. Common area gardens, 80' pool & several entertainment areas. Extensive on-site parking, central laundry, greenhouse & workshop/garage. Concrete, steel, tile & wood beam construction w/multiple artistic accents & features throughout the property. 2 back-up generators. Located next Carothers Coastal Garden & Community Gardening space & at the entrance to Pine Gully Park. Minutes to Hwy 146

Investor Tools

Property Icon
$2,178,000
Estimated Property Value
$0Estimated Mortgage Balance
$2,178,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$13,421 /month
Positive
Cash Flow Estimate:
$4,474 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,025/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,404
$1,115,000
2025
$65,340
$1,049,660
$1,115,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$13,404
$1,115,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$2,178,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,420/mo
N/A
+$1,420/mo
0.8%

City: Seabrook

614 Pine Gully Road | Property Details | No Agent List