Last 24 Hours
$239,900
205 James Coleman Drive, Victoria, TX, 77904
On Market
Commercial
Highlights
Interior
Bedrooms —
Bathrooms —Exterior
Lot Size1.31 acres
Land Information
APN42351-005-00600
Lot Number6
SubdivisionMedical Plaza Sd Unit Iii
Land UseVacant Land
Legal DescriptionMEDICAL PLAZA S/D UNIT III LOT 6 BLOCK 5
Census Tract001503
Assessed Land Value$163,930
Assessment Year2025
About this property
Location, location, location!! This 1.3+ acre cul-de-sac lot is ready to be built on and is in a prime location for a medical office or clinic. Located near Detar North, Victoria Eye Center, Victoria Women's Clinic and various other medical facilities, major thoroughfare's Hwy 87, Zac Lenz Pkwy, and neighborhoods, on curb and paved city street with plenty of parking, this is the perfect growth opportunity to build to your own specifications.
Investor Tools
$100,829Estimated Mortgage Balance
$63,101Estimated Equity
38% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,439 /month
Positive
Cash Flow Estimate:
$480 /month
Interested in this property?
ContactFinancing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$323/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,059
$163,930
2025
$163,930
N/A
$163,930
No
Tax History
Year
Tax Paid
Assessed Value
2024
$3,059
$163,930
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Newfirst National Bank
Commercial
$110,000
No
First
Dec 31, 2021
Dec 2041
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$100,829
$63,101
38%
62%
$660/mo
12.4%