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$204,180

NAL Estimated Property Value

502 W Colorado St, Victoria, TX, 77901

$264,100 ARVInfo
Off MarketInfo
CommercialInfo
Beds Beds
Baths Bath
Baths1,892 Sq Ft
price_per_sqft$171.78 / sqft
Year BuiltBuilt in 1930

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
FlooringCeramic Tile, Wood

Exterior

Lot Size11,622 sqft

Building Information

Year Built1930
Stories2
Roof Type105
Garage Spaces1

Land Information

APN55000-002-01800
Lot Number18
SubdivisionVictoria Heights
Land UseCommercial
Legal DescriptionVICTORIA HEIGHTS LOT 18 BLOCK 2
Census Tract000400
Assessed Land Value$35,210
Assessed Improvement Value$168,970
Assessment Year2025

About this property

Located on the corner of W. Colorado and Vine St. in the historic section of Victoria. Currently a commercial business this property could be duplex again or be shared by two businesses. Currentely the property has one HVAC unit that services the entire building. The building has a common entry, with interior front doors with window transoms to the two sides. Side one has a living/lobby area, one office/bedroom downstairs and another upstairs. One full bath downstairs. The kitchen has a washer/dryer connection. Side two has one lobby/living room, one office/bedroom, kitchen and full bath. Ceiling fans and smoke alarms. There is a fireplace that has not been used by the current owner, it may or may not be functional. The building has two porches, the front wraps from front to the Vine St. side and the other is length of the back of the house with a small wrap. 2020 Composition roof, and pier and beam foundtion. This building is all electric, with updates done in 2016 and has two electric meters. The property has a variety of mature trees, a sprinkler syster, has gutters along the porch areas. The parking lot is partially gravel and partially concrete, for about 6 cars. The property is fenced on two sides.

Investor Tools

Property Icon
$204,180
Estimated Property Value
$230,779Estimated Mortgage Balance
$204,180Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$264,100
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,950 /month
Positive
Cash Flow Estimate:
$650 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$401/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,793
$204,180
2025
$35,210
$168,970
$204,180
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,793
$204,180

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Bank
Commercial
$236,000
No
First
Feb 28, 2025
Feb 2040

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$230,779
N/A
0%
113%
$1,415/mo

City: Victoria

502 W Colorado St | Property Details | No Agent List