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$238,220

NAL Estimated Property Value

1901 Kern Dr, Victoria, TX, 77901

Off MarketInfo
CommercialInfo
Baths0 Bath
Baths3,600 Sq Ft
price_per_sqft$62.5 / sqft
Year BuiltBuilt in 1982

Highlights

Interior

Bathrooms 0Bathrooms 0
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
FlooringConcrete

Exterior

Lot Size13,983 sqft

Building Information

Year Built1982
Stories1
Roof Type112

Land Information

APN56520-002-001A0
Lot Number1A
SubdivisionWayside Terrace Resub
Land UseCommercial
Legal DescriptionWAYSIDE TERRACE RESUB LOT 1A BLOCK 2
Census Tract000302
Assessed Land Value$41,940
Assessed Improvement Value$196,280
Assessment Year2025

About this property

Lots of potential! Commercial corner building located off busy Laurent Street. Great functional layout with 3 exterior doors offering multiple use possibilities. 3600 total sq ft. with 3 restrooms, a small kitchen, and small private offices. Great for investors!

Investor Tools

Property Icon
$238,220
Estimated Property Value
$85,530Estimated Mortgage Balance
$152,690Estimated Equity
64% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,429 /month
Positive
Cash Flow Estimate:
$476 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$206/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,283
$238,220
2025
$41,940
$196,280
$238,220
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,283
$238,220

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Bank
Commercial
$90,200
No
First
Jul 6, 2023
Jul 2038

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$85,530
$152,690
64%
36%
$541/mo

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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1901 Kern Dr | Property Details | No Agent List