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$318,000

NAL Estimated Property Value

313 Serene Dr W, Victoria, TX, 77905

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths896 Sq Ft
price_per_sqft$172.99 / sqft
Year BuiltBuilt in 1994

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Range, Refrigerator, Range
FlooringVinyl

Exterior

Lot Size1.50 acres

Building Information

Year Built2018
Stories1
Roof Type105
Garage Spaces2

Land Information

APN46200-002-02300
Lot Number23
SubdivisionPlacid Valley
Land UseResidential
Legal DescriptionPLACID VALLEY, BLOCK 2, LOT 23
Census Tract001700
Assessed Land Value$39,750
Assessed Improvement Value$136,190
Assessment Year2025

About this property

Whether you're living on-site or looking for rental potential, the home offers both convenience and livability. Outside, the well-manicured yard enhances the property's curb appeal, offering open green space and mature landscaping that's both functional and inviting. This unique and well-maintained 1.65-acre property offers the perfect blend of residential comfort and functional workspace. At its heart is a spacious 2,700 sq ft workshop, ideal for industrial use, fabrication, or storage—with ample room for equipment or operations. In addition to the workshop, the property includes two sturdy concrete storage buildings, providing secure and weather-resistant space for additional storage needs. This property is a true gem for homeowners and investors alike—a move-in-ready haven that blends comfort and opportunity. With plenty of room to grow, it offers not only a smart investment but also a welcoming place to call home, where every corner feels inviting and full of possibility.

Investor Tools

Property Icon
$318,000
Estimated Property Value
$157,832Estimated Mortgage Balance
$160,168Estimated Equity
48% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,908 /month
Positive
Cash Flow Estimate:
$636 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$305/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,065
$175,940
2025
$39,750
$136,190
$175,940
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,065
$175,940

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Bank
Conventional
$168,750
No
First
Jul 1, 2022
Aug 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$157,832
$151,168
48%
50%
$868/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,503/mo
$868/mo
+$635/mo
5.7%

City: Victoria

313 Serene Dr W | Property Details | No Agent List