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$121,000

1001 Cervantes St, Victoria, TX, 77901

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,904 Sq Ft
price_per_sqft$63.55 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher
FlooringVinyl

Exterior

Lot Size18,600 sqft

Building Information

Year Built2021

Land Information

APN37610-001-00100
Lot Number1
SubdivisionJackson Subd No 1
Land UseResidential
Legal DescriptionJACKSON SUBD NO 1 BLOCK 1 LOT 1 ACRES 0.427, L/N# RAD0993876/77
Census Tract000700
Assessed Land Value$28,460
Assessed Improvement Value$91,050
Assessment Year2025

About this property

Situated on a corner lot offering room to spread out with mature shade trees, a versatile floor plan, & a large workshop—all at an affordable price. This double-wide manufactured home features 3 bedrooms, 2 full bathrooms, & a flexible bonus room adjoining the primary suite, perfect for a home office, nursery, sitting room, exercise space, or private retreat. The open living area flows into the kitchen, creating a comfortable setting for everyday living & entertaining, while the dedicated laundry room adds convenience. The primary bathroom is uniquely designed with two separate showers, offering added functionality for busy mornings. Enjoy the outdoors from the inviting front deck, ideal for relaxing under the shade trees, or the covered back deck. (The back deck will benefit from new decking boards, offering an opportunity for the new owner to add their personal touch.) A 576-square-foot steel building provides excellent storage, workshop space, or room for hobbies & equipment.

Investor Tools

$121,194Estimated Mortgage Balance
$4,806Estimated Equity
3% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$756 /month
Positive
Cash Flow Estimate:
$252 /month

Interested in this property?

Tanya Schindler

South Central Real Estate

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$65/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$146
$119,510
2025
$28,460
$91,050
$119,510
No

Tax History

Year
Tax Paid
Assessed Value
2024
$146
$119,510

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Research Center Llc
Va
$139,000
Yes
First
Jan 9, 2020
Feb 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$121,194
$4,806
3%
96%
$834/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Victoria

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