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$218,000

101 Mariner Dr, Victoria, TX, 77901

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,396 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$157.52 / sqft
Year BuiltBuilt in 1992

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Disposal, Gas Water Heater, Other, Range
FlooringCarpet, Tile

Exterior

Lot Size8,512 sqft

Building Information

Year Built1992
Stories1
Roof Type105
Garage Spaces2

Land Information

APN52761-013-008R0
Lot Number8R
SubdivisionTangerine Unit Ii Resub 1
Land UseResidential
Legal DescriptionTANGERINE UNIT II RESUB 1 LOT 8R BLOCK 13
Census Tract001605
Assessed Land Value$36,510
Assessed Improvement Value$169,410
Assessment Year2025

About this property

2.25% Assumable Loan!! Situated on a spacious corner lot in the desirable Tangerine Subdivision, this well-maintained family home offers both comfort and convenience just minutes from schools and shopping. Inside, the split bedroom layout provides privacy, while the large living area features tile flooring, 9-foot ceilings, a wood-burning fireplace, and a custom accent wall for added character. The primary suite includes a generous walk-in closet and an updated bathroom with a large walk-in shower. Recent updates include a 2-year-old HVAC system, new back door, custom accent wall, and a roof replacement in 2017. The home is also equipped with a 13kW Tesla Powerwall battery backup and Solar Panel system. If Buyer can put down 25% they can assume the current mortgage at only 2.25%. Seller does have a $70,000 Solar and Tesla Powerwall system with the remaining balance of $53k that is assumable at 1.4%(Buyer must use home as primary residence) The combined monthly electricity cost and system payment is around $350 +/- and was the average amount for electricity alone before system was installed. However, now the new owner will have peace of mind in the event of a power outage for around that same amount. Energy-efficient and smart home features include an Ecobee smart thermostat, Eufy security sensors, and LED lighting in the attic, which also serves as extra storage space. The large backyard features an additional concrete pad ideal for outdoor projects or added functionality. Book shelving will be removed prior to closing. This home is a great blend of modern efficiency, thoughtful upgrades, and an ideal location. Call today for more info and to set up your showing!

Investor Tools

Property Icon
$218,000
Estimated Property Value
$176,000Estimated Mortgage Balance
$43,276Estimated Equity
19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,319 /month
Positive
Cash Flow Estimate:
$440 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$348/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,085
$205,920
2025
$36,510
$169,410
$205,920
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,085
$205,920

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Freedom Mortgage Corp
Unknown
$176,000
No
First
Dec 26, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$174,724
$43,276
19%
80%
$1,056/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,503/mo
$1,056/mo
+$447/mo
8.3%

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.

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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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101 Mariner Dr | Property Details | No Agent List