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$198,000

NAL Estimated Property Value

401 Mariner Dr, Victoria, TX, 77901

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,135 Sq Ft
price_per_sqft$176.12 / sqft
Year BuiltBuilt in 1991

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesOther, See Remarks

Exterior

Exterior FeaturesOther, See Remarks
Lot Size7,000 sqft

Building Information

Year Built1991
Stories1
Roof Type105
Garage Spaces3

Land Information

APN52761-012-012R0
Lot Number12R
SubdivisionTangerine Unit Ii Resub 1
Land UseResidential
Legal DescriptionTANGERINE UNIT II RESUB 1 LOT 12R BLOCK 12
Census Tract001605
Assessed Land Value$32,830
Assessed Improvement Value$141,430
Assessment Year2025

About this property

SELLER IS OFFERING BUYER A $7,500 CREDIT TOWARDS CLOSING COSTS AND/OR INTEREST RATE REDUCTION!! Come take a look at this charming home on an oversized corner lot in the centrally located Tangerine neighborhood. With an efficient floor plan that wastes no space, this single-story, 2-bed, 2-bath, home built in 1991 is perfect for anyone looking for easy living. Spend your mornings and evenings enjoying the peaceful backyard under the shade of the covered back patio. Schedule your private showing today!

Investor Tools

Property Icon
$198,000
Estimated Property Value
$139,596Estimated Mortgage Balance
$58,404Estimated Equity
29% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,199 /month
Positive
Cash Flow Estimate:
$400 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$183/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,211
$174,260
2025
$32,830
$141,430
$174,260
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,211
$174,260

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Liberty Mortgage Inc
Conventional
$140,000
No
First
Mar 17, 2026
Apr 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$139,596
$58,404
29%
71%
$840/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,180/mo
$840/mo
+$340/mo
7.2%

City: Victoria

401 Mariner Dr | Property Details | No Agent List