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$242,900

2865 Fm 1685, Victoria, TX, 77905

On MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,468 Sq Ft
price_per_sqft$165.46 / sqft
Year BuiltBuilt in 1966

Property Lead Type:

Must-SellAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Range, Water Heater
FlooringVinyl, Wood

Exterior

Exterior FeaturesPorch
Lot Size1.25 acres

Building Information

Year Built1970
Stories1
Roof Type105
Garage Spaces4

Land Information

APN01250-000-91200
SubdivisionJ D Wright Abst 125
Land UseResidential
Legal Description01250 J D WRIGHT ABST 125 TRACT 133, ACRES 1.25
Census Tract001401
Assessed Land Value$60,690
Assessed Improvement Value$164,750
Assessment Year2025

About this property

Step outside the city limits and enjoy room to spread out with this charming three-bedroom, one bath brick home situated on 1.25 acres. The property offers plenty of parking space, with two separate driveways. A large, fenced area behind the home provides the perfect set up for a horse or 4-H projects, along with the perfect barn for projects and a chicken coop. Inside, you will find spacious bedrooms, two living areas, a kitchen full of cabinets, and original wood flooring throughout the home. Located just a few minutes outside city limits, this home is sure to please!

Investor Tools

$204,270Estimated Mortgage Balance
$42,730Estimated Equity
17% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,482 /month
Positive
Cash Flow Estimate:
$494 /month

Interested in this property?

Corri Urban

Shaw Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$309/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,473
$225,440
2025
$60,690
$164,750
$225,440
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,473
$225,440

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Dow Employees Cu
Conventional
$220,000
No
First
Jul 13, 2022
Aug 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$204,270
$42,730
17%
83%
$1,320/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,503/mo
$1,320/mo
+$183/mo
7.3%

City: Victoria

2865 Fm 1685 | Property Details | No Agent List