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Owner Contacts

$516,000

1026 Victoria Lane, Gilchrist, TX, 77617

Off Market

3 Beds

4 Bath

1,792 Sq Ft

Single Family Residence

$273.44 / sqft

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesElectric Oven, Electric Cooktop, Dishwasher

FlooringWood

Exterior

Exterior FeaturesBalcony

Lot Size5,001 sqft

Building Information

Year Built2024

Stories2

Roof Type105

Garage Spaces7

Land Information

APN5706-0002-0003-000

Lot Number3

SubdivisionPelican Pass (2023) Abst 64

Land UseVacant Land

Legal DescriptionLOT 3 BLK 2 PELICAN PASS (2023) ABST 64

Assessed Land Value$60,000

Assessed Improvement Value$310,080

Assessment Year2025

About this property

Let the magic begin! A fisherman's paradise! Yacht Basin boat ramp minutes away, right down the street, 600 feet from the Gulf. OUTSTANDING 3,664 square foot villa; comprised of 1,792 sqft of living area + 1,872 sqft of mid deck entertainment space. MIND BLOWING MID DECK; with optional amenties added for an addtional amount: Pool, Spa, Cold Plunge, Outdoor Stainless Steel/Quartz Kitchen/Bar, 16-Person Dining Table, Expansive Sitting Areas, TV'S, 10' Projection screen, Secure Entry, Privacy Louvers, Privacy bathroom AND MUCH MORE. This home is truly luxury paired with amazing Gulf views from every direction for living at its finest! Never before lived in, this brand new home boasts high-end finishes and designer details. This property is perfect for relaxation and entertaining. Enjoy the convenience of a shower and garage, optional built-in bunk beds, and a loft area. This is a must-see property with too many upgrades to list. Short-term rentals allowed/ Vacation Rentals are allowed.

Investor Tools

$516,000

Estimated Property Value

$0Estimated Mortgage Balance

$31,823Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,096 /month

Positive

Cash Flow Estimate:

$1,032 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$246/month

$68/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$376

$370,080

2025

$60,000

$310,080

$370,080

Tax History

Year

Tax Paid

Assessed Value

2024

$376

$370,080

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Angel Oak Mortgage Solutions Llc

Conventional

$492,856

First

May 9, 2025

Jun 2055

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$484,177

$31,823

94%

$2,955/mo

Learn About the Market: Opportunity in Texas

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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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