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229 N Fowlkes St,  Sealy TX, 77474 (Commercial)

3,383 sqft
Status: Active
MLS#: 1219221
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Last Updated: 2/27/2017 3:26 AM
Description for 229 N Fowlkes St Sealy, TX 77474
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.
Price
$339,000
Austin
3,383 (approx)
1219221
Active
Description
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.
Listing Information
Property Type: Other
0.14 Acres 3,383 (approx) $100.2
1888 2 Brick
Slab
Electric, Electricity, Natural Gas, Water, Telephone, Sewer, Cable Tv
1 Total
Neighborhood
School Information
District: Not Applicable
Room Information
Interior Features
Central Air
Central
Exterior / Lot Features
25 Parking Spaces,
Metal, Flat
None
HISTORIC
Exterior Lighting, Inside Storage, Public Restroom, Security Lighting
Community Features
# of Buildings:1. # of Rentals: 1. Loading Facilities: Grade Level
Driving Directions
Call 210.571.3776
Financial Considerations
R000018431
$6,425
Sale Only,Exchange,Cash,Conventional
Buildings, Land
$40,596
Listing Price History

Sealy Real Estate

Sealy is located in Texas. Sealy, Texas 77474 has a population of 6,072.

The median household income in Sealy, Texas 77474 is $46,625. The median household income for the surrounding county is $51,340 compared to the national median of $53,046. The median age of people living in Sealy 77474 is 36.6 years.

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Courtesy: Southwest Partners
Information is deemed reliable but is not guaranteed.

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