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$118,000

NAL Estimated Property Value

187 Dernal Dr, Victoria, TX, 77905

$125,842 ARVInfo
Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths896 Sq Ft
Manufactured HomeManufactured Home
price_per_sqft$110.38 / sqft
Year BuiltBuilt in 2014

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating Floor/WallHeating Floor/Wall
AppliancesDishwasher, Electric Range, Electric Water Heater, Oven, Range Hood, Water Heater, Range
FlooringCarpet, Linoleum

Exterior

Lot Size17,424 sqft

Building Information

Year Built2022
Stories1
Roof Type105
Garage Spaces2

Land Information

APN40600-004-00800
Lot Number8-9
SubdivisionMatchett Manor I
Land UseResidential
Legal DescriptionMATCHETT MANOR I LOT 8 & LOT 9 BLOCK 4, LN# NTA1623459
Census Tract001700
Assessed Land Value$26,600
Assessed Improvement Value$67,410
Assessment Year2025

About this property

Perfect spot at the end of a county road on almost half an acre! Enjoy privacy and country life in this 2 bedroom 2 bath, split floorpan home. Brand new septic system hasn't ever been used, new bathtub, and more touches. This place is move in ready, so whether you're a first time buyer or looking to build up your investment portfolio, this is the place for you. Schedule your VIP tour asap, they don't last long at this price.

Investor Tools

Property Icon
$118,000
Estimated Property Value
$36,427Estimated Mortgage Balance
$81,573Estimated Equity
69% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$125,842
Rent-to-Value Ratio: 0.72%
Rent Estimate
$708 /month
Positive
Cash Flow Estimate:
$236 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$144/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,139
$94,010
2025
$26,600
$67,410
$94,010
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,139
$94,010

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First National Bank In Port Lavaca
Purchase Money Mortgage
$43,000
No
First
Oct 30, 2018
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$36,427
$81,573
69%
31%
$258/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,180/mo
$258/mo
+$922/mo
12.0%

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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187 Dernal Dr | Property Details | No Agent List