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$265,000

802 W Washington Ave, Seadrift, TX, 77983

On MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,424 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$186.1 / sqft
Year BuiltBuilt in 1957

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Electric Range, Refrigerator, Range
FlooringHardwood, Linoleum

Exterior

Lot Size10,650 sqft

Building Information

Year Built1957

Land Information

APN29438
Lot Number1
Land UseResidential
Legal DescriptionSEADRIFT TOWNSITE, BLOCK 75, LOT 1
Census Tract000502
Assessed Land Value$42,600
Assessed Improvement Value$145,090
Assessment Year2025

About this property

Corner (75'x142') lot w/limited bay views down unimproved 8th St. Paved access on both 8th St. & Washington Ave. Recent upgrades include: New CHA system, new water-heater, new bath fixtures, and new gas lines from alley to house (kitchen is all electric), new electrical upgrades to 200amp breakers, "French drain" around exterior, new gutters, and recent foundation repairs. Unit is two bedroom (master is in southeast front corner; guest is rear northeast corner with both having access to hall bathroom. Lliving room, which accommodates large sectional unit, is open into formal dining room with built in cabinetry. Kitchen has all electric appliances, plenty of storage and prep space. Rear of unit has 2nd large bathroom & "mud" room access to rear yard (fully fenced!). Step-down off kitchen has laundry & storage area. Bonus room (formerly used as a barber shop) can be accessed from exterior front door or from laundry room; has framed out loft bed with ladder access, sink & wall mounted AC unit. Exterior has tool/mower storage attached to west side, and fish cleaning station w/sink!. Plenty of shade to the front yard with mature trees...driveway has room for 5th-wheel storage and car/truck storage. Walking distance (300' approx.) to Bayfront Park, lighted public fishing pier, pavilion, and walking trail. Minutes to City Harbor & boat ramp access...area is well know for it's sports fishing, duck hunting & birding opportunities. A working City Harbor with active shrimping, crabbing and oystering services. Community is "golf cart" friendly, public library, limited retail, but plenty of eatery's! SHOWN BY APPOINTMENT ONLY! Owner occupied.

Investor Tools

$138,104Estimated Mortgage Balance
$98,896Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,590 /month
Positive
Cash Flow Estimate:
$530 /month

Interested in this property?

Kathleen Lambright

Pooley Land & Realty Company

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$234/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,628
$187,690
2025
$42,600
$145,090
$187,690
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,628
$187,690

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Pacific Mortgage Corp
Conventional
$152,100
No
First
Jul 19, 2021
Aug 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$138,104
$98,896
41%
58%
$912/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.

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: Seadrift

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802 W Washington Ave | Property Details | No Agent List