Light-rehab brick home in Clear Lake/Seabrook, priced $80K+ under ARV.
Price: $159,900 | ARV: $240,000โ$245,000 | Est. rehab: $18Kโ$25K
THE PROPERTY
3 bed / 2 bath / 2-car attached garage
1,624 sq ft, built 1966, 0.15-acre lot, Miramar subdivision
All-brick exterior with architectural shingle roof
Tile floors throughout the main living areas, so no flooring budget there
Granite kitchen counters and a tiled tub/shower
Large fenced backyard with mature trees
Updated front entry door
WHAT IT NEEDS (COSMETIC)
Interior paint
New cooktop (glass is cracked)
Landscaping, yard cleanup and driveway repair
Fixtures and general make-ready
SOLD COMPS
1840 El Mar Ln (same street) โ 1,464 sf โ sold Sep 2026 โ $240,000
2605 Sawyer Dr (0.8 mi) โ 1,620 sf โ sold Jul 2026 โ $235,000
2317 Nassau Dr (0.2 mi) โ 1,730 sf โ sold Apr 2026 โ $235,000
THE NUMBERS
Flip: buy at $159.9K, put in about $22K, resell around $240K, leaving about $35K after costs
Rental: market rent is about $2,050/mo; tile floors and a brick shell keep turnover cheap
BRRRR: about $182K all-in against a $240K+ ARV
LOCATION
Seabrook is in the Clear Lake area, minutes from NASA Johnson Space Center, the Kemah Boardwalk and the Bayport/Port of Houston jobs corridor, with easy access to Hwy 146 and I-45. Steady rental demand from NASA, refinery and port workers.
TERMS
Cash or hard money only. Closing at Stellar Title Group.
Assignment of contract. Non-refundable EMD ($5,000 min) due within 24 hours of acceptance.
Vacant: showings by appointment; seller delivers it vacant at closing.
Buyer to do their own due diligence, including flood zone and insurance (Seabrook is coastal).
Close on or before Nov 25, 2026.
First qualified buyer with EMD gets it.
More About This Property
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ARV $240,000
From the listing
The seller picked no comps. Investimateโs own value for this home is $221,000.