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$499,999

508 Masters Dr, Victoria, TX, 77904

$502,111 ARVInfo
On MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,901 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$172.35 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Range, Disposal, Gas Water Heater, Oven, Cooktop, Microwave
FlooringTile, Vinyl

Exterior

Lot Size15,433 sqft

Building Information

Year Built2008
Stories1
Roof Type105
Garage Spaces2

Land Information

APN08860-001-00900
Lot Number9
SubdivisionBenchmark Subdivision
Land UseResidential
Legal DescriptionBENCHMARK LOT 9 BLOCK 1
Census Tract001503
Assessed Land Value$50,470
Assessed Improvement Value$242,350
Assessment Year2025

About this property

Beautiful 4 Bedroom, 3.5 Bath, two-story home situated on a desirable corner lot with extra parking and beautiful mature oak trees. Inside, you will find an updated kitchen, updated windows, and high end and stylish luxury vinyl tile flooring that adds a modern touch. The downstairs main bedroom is spacious with a large ensuite and walk-in closet. Upstairs you will find 3 bedrooms with Bedroom 2 offering its own private full bath. The spacious Bath 3 includes a large walk in closet for all of the extras. The layout provides plenty of space for both everyday living and entertaining. Before stepping outside enjoy an enclosed sunroom looking out into the backyard featuring an inground pool, large covered patio, storage buildings, and beautifully landscaped retreat for relaxing or hosting gatherings. This well-maintained property is just minutes from shopping and restaurants, offering both convenience and comfort. This home combines space, updates, and a great location - a must see! You will not be disappointed, pictures are true to what you will see at your showing.

Investor Tools

$121,628Estimated Mortgage Balance
$373,372Estimated Equity
75% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$502,111
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,000 /month
Positive
Cash Flow Estimate:
$1,000 /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
$633/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,122
$292,820
2025
$50,470
$242,350
$292,820
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,122
$292,820

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Quicken Loans Inc
Conventional
$207,675
No
First
Jul 24, 2009
Aug 2039

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$121,628
$373,372
75%
25%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,620/mo
N/A
+$1,620/mo
3.9%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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