After years of slow growth, Sealy’s housing market is suddenly taking off.
According to Sealy Economic Development Corporation Executive Director Robert Worley, there are about a half dozen developments that could bring hundreds of homes to the community.
The following is a look at some of the more substantial projects:
Developed by David Kelly, Dove Landing is to feature 117 single family lots on 45 acres that are being annexed into the city.
“He has not asked for a single variance from the city,” Worley said.
The lots would be 70 feet by 140 feet, more than a third of an acre. The subdivision is located at the southeast corner of FM 3013 and FM 3538.
Early in the process and far from a done deal, this proposal would require the city to create a Public Improvement District to fund roads and infrastructure work. Located near the Walmart Distribution Center, this would bring 440 homes into the city with an affordable price point in the $160,000s.
The Retreat at Sealy
This Gerald Teel development would bring 196 apartment units ranging in size from one to three bedrooms. Once construction starts, it will take about 18 months to complete.
This apartment complex will feature 75 units and is being built by Ravi Yerneni. With a capital investment of $7 million, the development will include a pool, exercise room and clubhouse.
EvLyn Court Condominiums
Proposed for a 1.3-acre lot off Schmidt Road, the condominiums will be a series of four quadraplexes each containing two-bed, two-bath, 900-square-foot units. The 16 units will provide affordable living in Sealy and is being developed by Barry Lynn.
There are more in the works, but Worley wasn’t comfortable discussing them at this time.
“This doesn’t scratch the surface of the need, but it gets us started,” he said.
Worley estimates there is a current need for more than 4,000 new housing units in Sealy and with a development boom coming, that need will continue to grow significantly. All the currently viable projects provide less than 900 homes in the city.