$245,000 Last Listed Price
●
House -
Off Market
1200 N Meyer Street
Sealy, TX 77474
3 Beds
1 Bath
1,392 Ft²
$1,447
Est. Monthly
About This Property
Welcome to your versatile oasis in the heart of charming Sealy, TX!
This unique property seamlessly blends commercial and residential
potential without the constraints of an HOA. Step inside to
discover the fresh interior paint (11/2023,) providing a modern and
inviting atmosphere. The kitchen and bathroom boast quirky, vintage
tiles that add character and charm to the space, creating a
delightful blend of old-world aesthetics and contemporary comfort.
Situated on over a third of an acre, this property offers ample
space for your imagination to run wild, be it commercial,
residential, or BOTH! The expansive outdoor living space is a true
highlight, providing a canvas for entertaining, gardening, or
simply taking in the Texas sun. Embrace the simplicity of small
town living, where major highways, local amenities, schools, and
parks are just a stone's throw away. Seize the opportunity to make
this property your own – a place where the past meets the present,
and your dreams find a home!
Unit Size
1,392 Ft²
Days on Market
-
Land Size
0.37 acres
Price per sqft
$176
Property Type
House
Property Taxes
$243
HOA Dues
-
Year Built
1953
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 4 months ago (HAR #18245008)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 21, 2024 | Sold | ||
| Sold | |||
| Jul 3, 2024 | In contract | - | |
| In contract | |||
| Nov 16, 2023 | Listed by RE/MAX Signature | $245,000 | |
| Listed by RE/MAX Signature | |||
| | |||
|
Welcome to your versatile oasis in the heart of charming Sealy, TX! This unique property seamlessly blends commercial and residential potential without the constraints of an HOA. Step inside to discover the fresh interior paint (11/2023,) providing a modern and inviting atmosphere. The kitchen and bathroom boast quirky, vintage tiles that add character and charm to the space, creating a delightful blend of old-world aesthetics and contemporary comfort. Situated on over a third of an acre, this property offers ample space for your imagination to run wild, be it commercial, residential, or BOTH! The expansive outdoor living space is a true highlight, providing a canvas for entertaining, gardening, or simply taking in the Texas sun. Embrace the simplicity of small town living, where major highways, local amenities, schools, and parks are just a stone's throw away. Seize the opportunity to make this property your own – a place where the past meets the present, and your dreams find a home!
| |||
Property Highlights
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Sealy
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Richard Garcia, RE/MAX Signature
Last Updated: 4 months ago
Data Source: HAR , MLS# 18245008
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Last Updated: 4 months ago
Data Source: HAR , MLS# 18245008
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