Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Copied
Photo
Copied
Photo
Photo
Photo
Photo
See all photos

$459,000

Sale Pending
768 Main St, Sealy, TX 77474
3 Beds
0 Baths
1,942 Square Feet
0.00 Acres Lot
Built in 1965
Sale Pending
Units n/a
Checked: 14 hours ago
Updated: Jun 22, 2025 at 03:22AM

Investment Summary


Monthly Cash Flow
-$1,452
Cap Rate
2.5%
Cash-on-Cash Return
-16.5%
Debt Coverage Ratio
0.40
Internal Rate of Return (5 years)
-12.0%

Property Description


0.00 Acres Lot
Built in 1965
Sale Pending
Units n/a

LOCATION!!! RARE OPPORTUNITY ON THE HIGHLY DESIRED TREE-LINED HISTORIC MAIN STREET! NO HOA!!! No M.U.D!!! This recently remodeled 3-bedroom, 2.5-bathroom residence seamlessly blends modern amenities with classic charm. Highlights include custom-built cabinets, elegant quartz countertops, beautiful backsplash, wood-look tile, stainless appliances, and large plantation shutters throughout. The extensive remodel features updated electrical and plumbing systems, new windows, HVAC, roof, insulation, and more, ensuring a worry-free living experience. The convenient mudroom provides ample storage space and access to the 1/2 bath, enhancing functionality. The thoughtfully designed layout includes a spacious bedroom and bathroom on the upper level, offering privacy and comfort. Includes a 1,200 square foot SHOP/garage, perfect for various uses. Ideally located near ballparks, parks, historic sites, and downtown shopping & restaurants. COME BE OUR MAIN STREET NEIGHBOR!

Build Your Team


Quickly find investor-friendly professionals who can help you succeed in real estate investing at any stage of the investing journey.

Agents

Match with investor-friendly agents who can help you find, analyze, and close your next deal

Find an Agent

Lenders

Get the best funding…find investor-friendly lenders who specialize in your deal strategy

Find a Lender

Property Managers

Transition to passive investing. Find a trusted property management partnership that lasts.

Find a Property Manager

Tax Pros & Accountants

Taxes and financial reporting made easy—find experts to create tax savings strategies, file taxes, and more

Find a Tax Pro

Location


Property Details


Parking

  • Description: None, PorteCochere, WorkshopInGarage
  • Garage Spaces: 4
  • Spaces Total: 0

Bedroom Information

  • # of Bedrooms: 3

Bathroom Information

  • # of Baths (Full): 2
  • # of Baths (Partial): 1
  • # of Baths (Total): 0.0

Interior Features

  • # of Rooms: 5
  • # of Stories: 2

Exterior Features

  • Foundation: Slab
  • Roof Material: Composition

Land Information

  • Land Use: Residential
  • Land Use Subtype: Single Family Residential

Lot Information

  • Parcel ID: 13633
  • Lot Size: 0 sqft

Property Information

  • Property Type: Single Family Residence
  • Style: Other Style, Traditional
  • Year Built: 1965

Tax Information

  • Annual Tax: $7,618

Utilities

  • Water & Sewer: Public
  • Heating: Electric, Central
  • Cooling: Ceiling Fan(s), Central Air

Location

  • County: Austin

Listing Details


Listed by:
Dee Lerma
Travis Abel & Associates
(713) 302-2700

Source:
Houston Association of REALTORS
MLS#: 43081911
Houston Association of REALTORS

Investment Summary


Monthly Cash Flow
-$1,452
Cap Rate
2.5%
Cash-on-Cash Return
-16.5%
Debt Coverage Ratio
0.40
Internal Rate of Return (5 years)
-12.0%

Purchase Details

Find an Agent

Purchase price:
$459,000
Amount financed:
-$367,200
Down payment:
$91,800
Closing costs:
$13,770
Rehab costs:
$0
Initial cash invested:
$105,570
Square feet:
1,942
Cost per square foot:
$236
Monthly rent per square foot:
$1.18

Financing Details

Find a Lender

Loan amount:
$367,200
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
6.840%
Principal & interest:
$2,404
Property tax:
$635
Insurance:
$161
Private mortgage insurance (PMI):
$0
Monthly payment:
$3,200

Operating Income

Find a Property Manager

% Rent Monthly Yearly
Gross rent:
$2,300 $27,600
Vacancy loss: (6%)
6% -$138 -$1,656
Operating income:
$2,162 $25,944

Operating Expenses


% Rent Monthly Yearly
Property taxes: (28%)
28%-$635-$7,618
Insurance: (7%)
7%-$161-$1,932
Property management: (8%)
8%-$184-$2,208
Repairs & maintenance: (5%)
5%-$115-$1,380
Capital expenditures: (5%)
5%-$115-$1,380
HOA fees: (n/a)
n/an/an/a
Total operating expenses: (53%)
53%-$1,210-$14,518

Cash Flow


Monthly Yearly
Net operating income:
$952 $11,424
Mortgage payments:
-$2,404 -$28,848
Cash flow:
$1,452 $17,424