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$135,000

102 S Victoria St, TX, 77901

$175,500 ARVInfo
On MarketInfo
CommercialInfo
Beds2 Beds
Baths1 Bath
Baths3,144 Sq Ft
Multi FamilyMulti Family
price_per_sqft$42.94 / sqft
Year BuiltBuilt in 1940

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
CoolingCooling
AppliancesRange, Microwave, Refrigerator
FlooringVinyl, Wood

Exterior

Lot Size17,642 sqft

Building Information

Year Built1965
Stories1
Roof Type105
Garage Spaces3

Land Information

APN54800-053-00300
Lot Number3
SubdivisionVictoria
Land UseResidential
Legal DescriptionVICTORIA, BLOCK 53 PT OF, LOT 3, ACRES .4049
Census Tract000400
Assessed Land Value$36,170
Assessed Improvement Value$159,550
Assessment Year2025

About this property

Welcome to 102-104 South Victoria St. This corner lot on just under a half acre of land 3 blocks from Downtown Victoria includes 4 units in total. 1 2BR 1BA house rented, one duplex 2BR 1BA each side rented, and a garage apartment that is vacant that could use some love to make rent ready. All units are sub-metered. Residents pay all their own utilities including electric, water, and trash. Current rents are $1850 a month as is. Property is an original type condition, but has incredible opportunity. This could be a wonderful for an investor to complete rent ready renovations on garage unit, but have cashflow coming in from day one or a wonderful opportunity for someone to live in the garage apartment 3 blocks from booming downtown for free with residents covering any expenses. Please do not disturb residents and contact for showing instructions today!

Investor Tools

$103,949Estimated Mortgage Balance
$91,771Estimated Equity
46% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$175,500
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,174 /month
Positive
Cash Flow Estimate:
$391 /month

Interested in this property?

Benjamin Naumann

Watkins Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$419/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,047
$195,720
2025
$36,170
$159,550
$195,720
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,047
$195,720

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sharon Gonzalez
Unknown
$110,000
No
First
Jun 21, 2023
Jun 2033

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$103,949
$91,771
46%
53%
$660/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,503/mo
$660/mo
+$843/mo
9.2%

City: Victoria

102 S Victoria St | Property Details | No Agent List