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B+
NoAgentList RatingHow are grades calculated? Info

$136,000

1204 E Locust Ave, Victoria, TX, 77901

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,196 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$112.79 / sqft
Year BuiltBuilt in 1954

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
AppliancesElectric Range
FlooringCarpet, Vinyl

Exterior

Lot Size10,498 sqft

Building Information

Year Built1954
Stories1
Roof Type105
Garage Spaces1

Land Information

APN41600-006-01100
Lot Number11
SubdivisionMeadowbrook
Land UseResidential
Legal DescriptionMEADOWBROOK LOT 11 BLOCK 6
Census Tract000501
Assessed Land Value$40,740
Assessed Improvement Value$82,980
Assessment Year2025

About this property

Discover the charm of this inviting 3-bedroom, 1-bath home, encompassing 1,196 square feet in the desirable Meadowbrook subdivision. If you prefer a 3 bedroom then this home offers that as an additional option! The Den was converted into a bedroom! As you step inside, the expansive windows fill the space with warm, natural light, creating an open and airy ambiance perfect for both relaxation and creativity. The quaint kitchen, adorned with an electric stove, features a practical pantry and a lovely breakfast nook — ideal for enjoying a leisurely morning. Retreat to the primary bedroom and enjoy a relaxing view of the spacious backyard after a long day. At the end of the hallway, the generously sized secondary bedroom offers versatile possibilities; it can effortlessly transform into a home office or a creative crafting space, tailored to your personal needs. Outside, the fenced backyard presents an expansive canvas ready for your gardening dreams, playful gatherings, or tranquil moments of solitude. This home is a treasure, full of potential just waiting for your personal touch!

Investor Tools

Property Icon
$136,000
Estimated Property Value
$132,456Estimated Mortgage Balance
$6,274Estimated Equity
3% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$816 /month
Positive
Cash Flow Estimate:
$272 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$279/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,664
$123,720
2025
$40,740
$82,980
$123,720
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,664
$123,720

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Fha
$132,456
Yes
First
Mar 21, 2025
Apr 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$129,726
$6,274
4%
95%
$795/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,503/mo
$795/mo
+$708/mo
13.3%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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1204 E Locust Ave | Property Details | No Agent List