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$381,130

NAL Estimated Property Value

303 Palmwood Dr, Victoria, TX, 77901

$469,833 ARVInfo
Off MarketInfo
Beds— Beds
Baths3 Bath
Baths6,488 Sq Ft
ApartmentApartment
price_per_sqft$100.03 / sqft
Year BuiltBuilt in 1979

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms Full 3Bathrooms Full 3
Heating CentralHeating Central
CoolingCooling
AppliancesOther

Exterior

Lot Size14,514 sqft

Building Information

Year Built1979
Stories1
Roof Type105

Land Information

APN53400-004-01600
Lot Number16-17
SubdivisionTanglewood Vi
Land UseCommercial
Legal DescriptionTANGLEWOOD VI LOT 16 & NE 1/4 OF LOT 17 BLOCK 4
Census Tract001605
Assessed Land Value$57,480
Assessed Improvement Value$323,650
Assessment Year2025

About this property

INVESTMENT OPPORTUNITY!! OWNER FINANCING AVAILABLE!! 7 Cap Rate!! This 8-plex has had some major capital improvements and is cash-flowing on Day 1! All 8 units are 1 bed / 1.5 bath. The two-story building has 4 units downstairs and 4 units upstairs. Some of the more recent improvements include roof replacement (2018), foundation repaired with Lifetime Transferrable Warranty, all upstairs balconies rebuilt, and much more! Call listing broker to discuss it in more detail and to schedule a showing!

Investor Tools

Property Icon
$381,130
Estimated Property Value
$446,737Estimated Mortgage Balance
$381,130Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$469,833
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,894 /month
Positive
Cash Flow Estimate:
$1,298 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,051/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,706
$381,130
2025
$57,480
$323,650
$381,130
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,706
$381,130

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Trusttexas Bank Ssb
Credit Line (Revolving) / Heloc
$450,000
No
First
Dec 1, 2025
Dec 2026

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$446,737
N/A
0%
117%
$2,698/mo

City: Victoria

303 Palmwood Dr | Property Details | No Agent List