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$179,885

408 Waterford Drive, Victoria, TX, 77901

$218,582 ARVInfo
On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,440 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$124.92 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Water Heater, Some Electric Appliances, Range
FlooringCarpet, Laminate

Exterior

Private PoolPrivate Pool
Exterior FeaturesPatio
Lot Size3,990 sqft

Building Information

Year Built1983
Stories1
Roof Type105
Garage Spaces2

Land Information

APN52760-009-07800
Lot Number78
SubdivisionTangerine Ii
Land UseResidential
Legal DescriptionTANGERINE II LOT 78 BLOCK 9
Census Tract001605
Assessed Land Value$22,700
Assessed Improvement Value$151,420
Assessment Year2025

About this property

Welcome to 408 Waterford, a 3 bedroom, 2 bath home with over 1,400 square feet of living space in the Tangerine neighborhood. The spacious living room connects to the dining area and kitchen, creating a functional layout for everyday living. The kitchen offers ample cabinet and countertop space along with a breakfast bar overlooking the main living area. New carpet has recently been installed throughout the bedrooms, and the HVAC system was replaced in 2022. The primary bedroom features a private bathroom and walk-in closet, while the two additional bedrooms offer comfortable space for sleeping or a home office. Outside, you'll find a fenced backyard with a patio area. Conveniently located near shopping, dining, and schools, this home is ready for its next owner.

Investor Tools

$0Estimated Mortgage Balance
$204,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$218,582
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,224 /month
Positive
Cash Flow Estimate:
$408 /month

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Brandi Jackson

Cornerstone Properties

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$361/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,307
$174,120
2025
$22,700
$151,420
$174,120
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,307
$174,120

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$204,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,503/mo
N/A
+$1,503/mo
8.8%

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.

Explore Texas Explore This Area
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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408 Waterford Drive | Property Details | No Agent List