With a hub puller (KR Wilson type or equivalent) available from restoration sources, a person can pull the rear hubs and unbolt the front hubs to get at the wheel bearings and brakes. They should be checked out, dried out, and serviced to prevent corrosion. Dump the engine oil, trans oil, and rear axle oil and re-service with appropriate lubricant. If water comes out of the engine, the cylinders will need to be cleared and oiled. The distributor should be removed and cleaned/lubed, especially if it is a helmet type. If it is an 8BA type, it may not have been affected. The starter should be checked out. You might have problems with other items like the clutch, throw out bearing, U-joint, and drive shaft damper bearing. All suspension & steering grease points should be serviced. Shock absorbers may have been inundated with water and should be checked out and shock oil changed if needed. Electrical wiring may have been saturated on anything that was under water and could end up with corrosion problems. Any where water could be trapped needs to be dried out and flushed in some manner to preserve it. The fuel system and all brake parts below the water line should be thoroughly checked and service as appropriate. If the water stayed out of the fuel tank, that would be a good thing but even the sending unit & wiring should be checked out.
This all is going to be a daunting task but it's the only way you can insure the future functionality and serviceability of the vehicle. Most folks just collect the insurance on flooded vehicles (if they have it) and go get another vehicle but these old historic vehicles are worth preserving if possible. I'm sure your not the only person in the east Texas coastal region with this dilemma. It's been rough on a lot of folks for sure. I'm sure glad to hear your living space is good. My niece in League City stayed dry but her family had been flooded out twice before moving to the house they're in now.