$339,000 229 Fowlkes St Sealy, TX

MLS: 1249529   Type: Commercial   County: Austin   City: Sealy   Neighborhood: Historic Downtown   Zip: 77474   Style: Retail Bldg     Stories: 2   Taxes: $6,424

Mortgage $1,592 /mo



Half Baths

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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.

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Price History

1/12/2017 Listed $339,000

ADA Compliant 0
Construction Brick Veneer, Concrete Block
Disability Features 0
Fema 100 Yr Flood Plain No
Multi Zoning 0
Property Sub Type Retail Bldg-Other See Remarks
Region Other
Renovation Year 2006
Stories 2
Subdivision Name Historic Downtown
Terms Offered Cash, Conventional, Exchange, SBA Type Loan
Utilities Electricity on Property

Interior Features

Air Conditioning Central Air
Electric Expense 0
Elevators 0
Flooring Wood
Heating Central Heat
Interior Ceiling Height 16 ft or Over, Multiple Heights
Offices 1
Restrooms 2
Total Units 1
Walls Brick

Exterior Features

Buidlings 1
Building Class B
Foundation Details Slab
Freeway Highway Distance 1.1 to 2 miles
Land Description Corner Lot
Parking Common
Parking Ratio 10
Parking Spaces 25
Pools 0
Rail Service No
Roof Flat
Sewer City on Property
Topography Level
View City
Water Source City
Waterfront Property 0

Property Schools

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Gallery (40 photos)

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Property vs Zip Code Avg (77474)

Price 339K Avg 326K

Sqr Feet 3,333 Avg 2,507

Cost / Sqr Ft $102 Avg $130

Taxes $6,424 Avg $6,004

Visits 36 Avg 98

Days on Site 165 Avg 238

Walkscore® 53 Avg 51

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Listing Provided Courtesy Of: Southwest Partners

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Location & Address

Ernie Hatton-RE/MAX Posh Properties
5501 W US Hwy 290 Service Rd
Austin, TX