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NoAgentList RatingHow are grades calculated?Info
Days300Days on Market
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$650,000

412 N Main St, Victoria, TX, 77901

On MarketInfo
Baths7,734 Sq Ft
price_per_sqft$84.04 / sqft
Year BuiltBuilt in 1959

Property Lead Type:

BankruptcyMust-SellAbsentee OwnerHigh EquityVacant Homes

Highlights

Interior

Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
FlooringCarpet, Hardwood, Linoleum

Exterior

Lot Size38,585 sqft

Building Information

Year Built1959
Stories1
Roof Type183
Garage Spaces13

Land Information

APN54800-131-00200
Lot Number2-3
SubdivisionVictoria
Land UseCommercial
Legal DescriptionVICTORIA TIF 406350 LOT 2 & LOT 3 BLOCK 131
Census Tract000100
Assessed Land Value$77,560
Assessed Improvement Value$572,440
Assessment Year2025

About this property

Located in the heart of downtown Victoria! This building and property offers over 7,700 SF, covered parking, as well as many open parking spaces. There are numerous private offices, 5 restrooms, library, conference room, and large open area. This building was previously used as a Bank, Title Company, Real Estate Offices, Attorney Offices and last occupied as a Funeral Home. The opportunities for this building at this location are endless.

Investor Tools

$333,294Estimated Mortgage Balance
$316,706Estimated Equity
48% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,900 /month
Positive
Cash Flow Estimate:
$1,300 /month

Interested in this property?

Karen Murray

Manning Real Estate Group

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,133/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,341
$650,000
2025
$77,560
$572,440
$650,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,341
$650,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First National Bank In Port Lavaca
Purchase Money Mortgage
$399,000
No
First
Apr 5, 2018
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$333,294
$316,706
48%
51%
$2,393/mo

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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