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$251,000

704 Mead Rd, Victoria, TX, 77904

$267,638 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,661 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$155.03 / sqft
Year BuiltBuilt in 1973

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Range, Oven, Cooktop
FlooringCarpet, Laminate, Tile, Wood

Exterior

Lot Size20,800 sqft

Building Information

Year Built1994
Stories1
Roof Type105
Garage Spaces3

Land Information

APN44500-012-00800
Lot Number8
SubdivisionNorthcrest Estates
Land UseResidential
Legal DescriptionNORTHCREST LOT 8 BLOCK 12
Census Tract001504
Assessed Land Value$75,300
Assessed Improvement Value$141,110
Assessment Year2025

About this property

A charming ranch-style home nestled in the desirable Northcrest Estates neighborhood is ready for its new owner. This 3-bedroom, 2-bathroom residence offers a comfortable and spacious layout, perfect for families and entertaining guests. Step inside to discover an inviting open-concept living area with vaulted ceilings. The kitchen boasts ample counter space, modern appliances, and a convenient breakfast bar, seamlessly connecting to the dining area. The Primary suite includes an en-suite bathroom, a walk-in shower, and a walk-in closet. Situated on nearly half an acre, the backyard is shaded by mature trees, providing a serene setting for outdoor activities. Enjoy the covered patio—ideal for relaxing or hosting gatherings. Additional highlights include an attached two-car garage and a storage shed, offering ample storage and workspace. Located just minutes from local schools, shopping, and dining options, this well-maintained home combines comfort and convenience in a sought-after community.

Investor Tools

Property Icon
$251,000
Estimated Property Value
$240,825Estimated Mortgage Balance
$14,056Estimated Equity
4% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$267,638
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,545 /month
Positive
Cash Flow Estimate:
$515 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$181/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$915
$216,410
2025
$75,300
$141,110
$216,410
No

Tax History

Year
Tax Paid
Assessed Value
2024
$915
$216,410

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Liberty Mortgage Incorporated
Conventional
$240,825
No
First
Jun 20, 2025
Jul 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$236,944
$14,056
5%
94%
$1,444/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,620/mo
$1,444/mo
+$176/mo
7.7%

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.

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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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704 Mead Rd | Property Details | No Agent List