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$118,000

NAL Estimated Property Value

904 Melrose Ave, Victoria, TX, 77901

$135,550 ARVInfo
SoldInfo
7/02/26
Beds3 Beds
Baths1 Bath
Baths1,420 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$84.15 / sqft
Year BuiltBuilt in 1948

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Gas Water Heater, Water Heater, Range
FlooringLaminate, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesPatio, Rain Gutters
Lot Size14,288 sqft

Building Information

Year Built1948
Stories1
Roof Type105
Garage Spaces3

Land Information

APN16700-004-01000
Lot Number10
SubdivisionCrestwood Subd
Land UseResidential
Legal DescriptionCRESTWOOD SUBD LOT 10 BLOCK 4
Census Tract000501
Assessed Land Value$48,290
Assessed Improvement Value$58,810
Assessment Year2025

About this property

Located at 904 Melrose, this 2 bedroom, 1 bath home offers over 1,400 square feet of living space with a functional and inviting layout. The garage conversion is air-conditioned, creating additional flexible space that can be used as a second living area, office, or bonus room. Inside, you’ll find two spacious living areas along with a dining room that connects directly to the kitchen, making the home feel open and connected. Original hardwood floors run through much of the home and add character and warmth. Out back, the screened-in patio provides a comfortable space to relax, overlooking a large backyard with a storage shed for added convenience.

Investor Tools

Property Icon
$118,000
Estimated Property Value
$0Estimated Mortgage Balance
$118,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$135,549
Rent-to-Value Ratio: 0.72%
Rent Estimate
$717 /month
Positive
Cash Flow Estimate:
$239 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$225/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,115
$107,100
2025
$48,290
$58,810
$107,100
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,115
$107,100

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$118,000
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
15.3%

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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904 Melrose Ave | Property Details | No Agent List