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$450,000

2203 Leary Ln, Victoria, TX, 77901

On MarketInfo
Just AddedInfo
Baths0 Bath
Baths756 Sq Ft
price_per_sqft$595.24 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bathrooms 0Bathrooms 0
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size12.98 acres

Building Information

Year Built1999
Stories1
Roof Type105

Land Information

APN39860-001-00100
Lot Number1
SubdivisionLile Acres Subd
Land UseCommercial
Legal DescriptionLILE ACRES SUBD 12.98 AC LOT 1 BLOCK 1
Census Tract001604
Assessed Land Value$1,085,590
Assessed Improvement Value$25,190
Assessment Year2025

About this property

Shovel-Ready 12-Acre Residential Development Tract on Leary Lane. Will be subdivided out by the Seller from the Parent Tract containing the buildings (which they still use). Attention builders, developers, and production investors! Take immediate advantage of this premium, highly coveted 12-acre residential development tract boasting exceptional, direct frontage on Leary Lane. Sliced cleanly from a larger 12.98-acre parcel, this pristine site is completely flat, 100% cleared, and entirely outside of the FEMA floodplain—giving you maximum net-usable acreage from day one. While competing land in the immediate neighborhood is heavily overgrown and requires substantial upfront site-prep capital, this tract is completely open and build-ready. Developers can completely bypass the steep costs and multi-week timelines associated with heavy equipment mobilization, brush clearing, and tree-removal permitting. Access to city water and public sewer lines (both 8" along Leary Lane) is readily available, making this a seamless transition to layout design and utility trenching. The property is perfectly positioned to capture high residential demand in a booming North/Central Victoria corridor close to premier Victoria ISD schools, shopping, and dining. Tap right into the neighborhood momentum driven by the successful Fox Creek subdivision just around the corner, where new construction homes are rapidly trading in the $280,000 to $450,000 range. If you want to eliminate site-deficit risks and move vertical ahead of schedule, this is the most builder-friendly tract on the market today. Schedule your site visit today!

Investor Tools

$0Estimated Mortgage Balance
$1,110,780Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,665 /month
Positive
Cash Flow Estimate:
$2,222 /month

Interested in this property?

Cynthia Griffin

Saxet Realty, Inc

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$905/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,304
$1,110,780
2025
$1,085,590
$25,190
$1,110,780
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,304
$1,110,780

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,110,780
100%
0%
$0/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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2203 Leary Ln | Property Details | No Agent List