$240,000
NAL Estimated Property Value301 Simpson Road, Victoria, TX, 77904
$266,530 ARV
Off Market
Property Lead Type:
Off-Market ListHigh Equity
Highlights
Interior
AppliancesElectric Range, Electric Water Heater, Water Heater, Range
FlooringCarpet, Vinyl
Exterior
Exterior FeaturesPatio
Lot Size20,800 sqft
Building Information
Year Built1971
Stories1
Roof Type105
Garage Spaces3
Land Information
APN44500-013-01900
Lot Number19
SubdivisionNorthcrest Estates
Land UseResidential
Legal DescriptionNORTHCREST LOT 19 BLOCK 13
Census Tract001504
Assessed Land Value$75,300
Assessed Improvement Value$142,090
Assessment Year2025
About this property
This charming 3-bedroom, 2-bath brick home features a tree-shaded lot, spacious garage, 2 dining areas, and 2 living areas. Cathedral ceiling and a brick fireplace in the den add to the warmth of this home. The bedrooms are spacious and have ample closets. The kitchen has lots of countertop space for meal preparation and serving. The driveway can accommodate a large number of vehicles. Located near schools, dining, and retail shopping. This home makes the perfect location to call your own.
Investor Tools
$240,000
Estimated Property Value
$98,026Estimated Mortgage Balance
$141,974Estimated Equity
59% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$266,529
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,440 /month
Positive
Cash Flow Estimate:
$480 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$175/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$904
$217,390
2025
$75,300
$142,090
$217,390
No
Tax History
Year
Tax Paid
Assessed Value
2024
$904
$217,390
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Reverse Mortgage / Hecm
$198,000
No
First
Mar 19, 2008
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$98,026
$141,974
59%
41%
$811/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,620/mo
$811/mo
+$809/mo
8.1%
