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B+
NoAgentList RatingHow are grades calculated? Info

$305,000

207 N Wheeler St, Victoria, TX, 77901

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,450 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$206.83 / sqft
Year BuiltBuilt in 1940

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating Floor/WallHeating Floor/Wall
CoolingCooling
AppliancesDishwasher, Electric Range, Disposal, Water Heater, Microwave
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesBalcony
Lot Size10,528 sqft

Building Information

Year Built1940
Stories1
Roof Type105
Garage Spaces1

Land Information

APN54800-174-00400
Lot Number4
SubdivisionVictoria
Land UseResidential
Legal DescriptionVICTORIA E 75.15' OF LOT 4 BLOCK 174
Census Tract000100
Assessed Land Value$39,380
Assessed Improvement Value$129,700
Assessment Year2025

About this property

This is the one you have waited for! Nestled on a large corner lot in the heart of historic downtown Victoria, this thoughtfully updated home is a rare find offering charm, character, and unmatched functionality. Towering mature trees frame the property, while a circle driveway and multiple garage spaces provide abundant parking for family and guests. The main home showcases stunning hardwood floors, fresh paint throughout, elegant crown molding, and two inviting living rooms—one with a cozy fireplace. Pride of ownership shines in every corner of this house, and you will be very appreciative of the care and condition of this home. The kitchen features a formal dining area, breakfast bar, and timeless style. Each sizeable bedroom downstairs offers ample closet space. The completely remodeled bathroom is a true showstopper, with exquisite tile work and a pristine vanity. Upstairs, a spacious lofted bedroom with a full bath offers an ideal retreat for children or guests (this space is not included in official square footage due to ceiling height). Outside, the detached 2-car garage boasts a large storage/workshop, while a second detached building features a beautifully updated 1BR/1BA apartment with hardwood floors, fresh paint, and a remodeled bath—plus an additional garage stall and storage on the lower level. This garage apartment is perfect for an income producing rental, generational families, a game room/man cave, Short Term Rental, or whatever your needs may be. The property also has an automatic sprinkler system and a fenced pet area between the detached garages. With its unparalleled blend of historic charm, modern updates, and extraordinary garage and storage space, this property is a one-of-a-kind opportunity in Victoria’s most storied neighborhood.

Investor Tools

Property Icon
$305,000
Estimated Property Value
$249,900Estimated Mortgage Balance
$58,014Estimated Equity
18% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,830 /month
Positive
Cash Flow Estimate:
$610 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$216/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,065
$169,080
2025
$39,380
$129,700
$169,080
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,065
$169,080

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$249,900
No
First
Sep 17, 2025
Oct 2040

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$246,986
$58,014
19%
81%
$1,499/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,503/mo
$1,499/mo
+$4/mo
5.9%

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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207 N Wheeler St | Property Details | No Agent List