Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
—
Last 24 HoursLast 24 Hours
ARV Flip List
ARV Flip List
  • Properties with flip potential and high ARV margins
Pre-Foreclosure List
Pre-Foreclosure List
  • Homes with notice of default or impending auction
Auction List
Auction List
  • Real estate scheduled for county or online auction
Deals List
Deals List
  • Discounted properties priced below market value
Must Sell List
Must Sell List
  • Highly motivated sellers looking for fast closings
Off-Market List
Off-Market List
  • Exclusive off-market opportunities not found on MLS

$1,900,000

2505 Houston Highway, Victoria, TX, 77901

On MarketInfo
CommercialInfo
Beds— Beds
Baths— Bath
Baths7,735 Sq Ft
price_per_sqft$245.64 / sqft
Year BuiltBuilt in 2015

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
FlooringCeramic Tile

Exterior

Lot Size3.11 acres

Building Information

Year Built2016
Stories1
Roof Type183
Garage Spaces2

Land Information

APN33715-9-001-00100
Lot Number1
SubdivisionFrances Maries Subd
Land UseCommercial
Legal DescriptionFRANCES MARIE'S SUBD, BLOCK 1, LOT 1, ACRES 3.106
Census Tract000202
Assessed Land Value$1,074,260
Assessed Improvement Value$525,740
Assessment Year2025

About this property

Now is your chance to BUY or LEASE one of Victoria's finest restaurants, Frances Marie's Cantina and Bar. Located on one of Victoria's busiest streets, Highways 59 Business or called Houston Highway. This location has traffic counts of over 17,500 daily. Restaurant is located in the highly desirable area that has seen double digit growth in the past few years. Located across the street from Citizens Medical Center (Victoria's county hospital). Within walking distance of University of Houston Victoria Campus, Victoria College Student Dorms and nearby hotels. This restaurant is fully equipped, startup and move-in ready. This beautiful property is 7735 square feet with restaurant sitting area, oversized bar area, large banquet room with video conferencing, with a kitchen any chef would only dream of. There is 3.106 acres available land, separate storage building, concrete parking and a drive up window for to-go orders. This property will not last long and is available for SALE or LEASE.

Investor Tools

$582,374Estimated Mortgage Balance
$1,017,626Estimated Equity
63% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$11,400 /month
Positive
Cash Flow Estimate:
$3,800 /month

Interested in this property?

Melvin Chaloupka

RE/MAX Land & Homes

ContactContact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$3,103/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$29,236
$1,600,000
2025
$1,074,260
$525,740
$1,600,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$29,236
$1,600,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The First State Bank
Commercial
$790,645
No
First
Jun 26, 2014
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$582,374
$1,017,626
63%
36%
$4,741/mo

City: Victoria

2505 Houston Highway | Property Details | No Agent List