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$240,000

NAL Estimated Property Value

301 Simpson Road, Victoria, TX, 77904

$266,530 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,637 Sq Ft
price_per_sqft$122.11 / sqft
Year BuiltBuilt in 1971

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
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

Property Icon
$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

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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%

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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301 Simpson Road | Property Details | No Agent List