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$193,000

NAL Estimated Property Value

3308 Erwin Ave, Victoria, TX, 77901

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,365 Sq Ft
price_per_sqft$142.77 / sqft
Year BuiltBuilt in 1957

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Range
FlooringCeramic Tile

Exterior

Exterior FeaturesNone
Lot Size11,099 sqft

Building Information

Year Built1986
Stories1
Roof Type105
Garage Spaces2

Land Information

APN08200-009-00400
Lot Number4
SubdivisionAvalon Place Iii
Land UseResidential
Legal DescriptionAVALON PLACE III LOT 4 BLOCK 9
Census Tract001604
Assessed Land Value$42,070
Assessed Improvement Value$110,860
Assessment Year2025

About this property

Charming 3-bedroom, 2-bath home offering just under 1,400 sq ft of living space in a well-established neighborhood. This older home features several important updates, including AC system, water heater, and roof—providing peace of mind on the big-ticket items. Inside, you’ll find a functional layout with great potential to make it your own. While the home does need some cosmetic updates and repairs, it offers a solid foundation for homeowners or investors looking to add value. The spacious backyard includes a Morgan building, perfect for additional storage, a workshop, or hobby space. With its convenient location and recent major upgrades, this property is a fantastic opportunity to create your dream home or investment property. Schedule your showing today!

Investor Tools

Property Icon
$193,000
Estimated Property Value
$57,498Estimated Mortgage Balance
$135,502Estimated Equity
70% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,169 /month
Positive
Cash Flow Estimate:
$390 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$304/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,684
$152,930
2025
$42,070
$110,860
$152,930
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,684
$152,930

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Dow Employees Cu
Conventional
$72,200
No
First
Sep 30, 2016
Oct 2031

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$57,498
$135,502
70%
30%
$433/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,503/mo
$433/mo
+$1,070/mo
9.3%

City: Victoria

3308 Erwin Ave | Property Details | No Agent List