614 Pine Gully Rd. is truly a "one-of-a-kind" income producing, multi family property located 1/2 block from Galveston Bay and next to Pine Gully Park on 1 acre of land. The "Hacienda" style property includes multiple buildings featuring 8 rental units with a 2-bedroom, 2 full bath Spanish style freestanding home w/detached garage, 5 additional buildings include a 2 B/R, 1 Bath unit and six 1 B/R, 1 Bath units currently occupied by 8 tenants. Multiple balconies, ground level patios and upper level patio area w/bay and & park views. Possible multi-generational property w/great income potential. Common area gardens, 80' pool & several entertainment areas. Extensive on-site parking, central laundry, greenhouse & workshop/garage. Concrete, steel, tile & wood beam construction w/multiple artistic accents & features throughout the property. 2 back-up generators. Located next Carothers Coastal Garden & Community Gardening space & at the entrance to Pine Gully Park. Minutes to Hwy 146
Located in the charming lakefront community of Seabrook, this well-maintained 12-unit apartment complex presents a strong investment opportunity in a highly sought-after area. The property includes a mix of four 2-bedroom, 1-bathroom units and eight 1-bedroom, 1-bathroom units—perfectly suited for a variety of tenants. All 2-bedroom units feature private, fenced backyards, offering additional outdoor living space—a rare find in multifamily properties. Each unit is equipped with energy-efficient double-pane windows, updated water heaters, and PEX plumbing. As well as 1 covered parking space per unit. 10 of the units have had their HVAC systems replaced within the last 4 years, significantly reducing ongoing maintenance costs. The complex features onsite laundry facility w/ 2 coin-operated washers & dryers. 3 year (2022-2024) NOI average=approx $64k with huge upside to turn into vacation rental, within walking distance to Clear Lake-watercraft rentals, waterfront restaurants & nightlife.
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Seabrook is located in Texas. Seabrook, Texas has a population of 13,487. Seabrook is less family-centric than the surrounding county with 32.46% of the households containing married families with children. The county average for households married with children is 34.48%.
The median household income in Seabrook, Texas is $94,967. The median household income for the surrounding county is $65,788 compared to the national median of $69,021. The median age of people living in Seabrook is 34 years.
The average high temperature in July is 91.4 degrees, with an average low temperature in January of 44.2 degrees. The average rainfall is approximately 54.7 inches per year, with 0.1 inches of snow per year.