1403 N Navarro St Victoria, TX 77901
Estimated payment $17,740/month
About This Lot
Ramsey's Restaurant is an American diner established in 1948 in the heart of Victoria. Sale includes the entire restaurant business and real estate (totaling 0.88 ac). Ramsey's can be run fully absentee. The restaurant is strategically located on Navarro St (35,000 VPD) and across from DeTar Healthcare System -- a major regional hospital. Ramsey's consistently earns multi seven-figure revenue figures and significant net income. Recent capital improvements include new plumbing to replace cast iron with PVC, remodeled kitchen, re-striped parking lot, some paint work, a roof & walk-in cooler/freezer within last 5 yrs. Note: A third, contiguous 0.24 parcel on Wheeler St also available for sale; it has a 3 bed/2 bath house with tenant in-place. As the needs of the restaurant grow, the new owner can take advantage of the additional land area. Please call for more information.
Property Details
Property Type
- Land
Est. Annual Taxes
- $8,297
Lot Details
- 0.44 Acre Lot
- Corner Lot
Schools
- Hopkins Elementary School
- Patti Welder Magnet Middle School
- Victoria West High School
Utilities
- Phone Available
- Cable TV Available
Community Details
- Thurmond Subdivision
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $8,195 | $414,330 | $225,540 | $188,790 |
| 2024 | $8,195 | $439,130 | $225,540 | $213,590 |
| 2023 | $9,069 | $479,970 | $230,730 | $249,240 |
| 2022 | $4,484 | $200,300 | $76,910 | $123,390 |
| 2021 | $4,922 | $200,360 | $76,910 | $123,450 |
| 2020 | $4,976 | $202,230 | $76,910 | $125,320 |
| 2019 | $5,392 | $202,950 | $76,910 | $126,040 |
| 2018 | $5,321 | $211,860 | $85,800 | $126,060 |
| 2017 | $5,374 | $213,990 | $85,800 | $128,190 |
| 2016 | $5,477 | $214,000 | $85,800 | $128,200 |
| 2015 | $5,202 | $216,170 | $85,800 | $130,370 |
| 2014 | $5,202 | $205,460 | $75,080 | $130,380 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/23/2025 08/23/25 | Price Changed | $3,200,000 | -7.2% | -- |
| 05/11/2025 05/11/25 | For Sale | $3,450,000 | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $100,000 | New Conventional | |
| Closed | $100,000 | New Conventional | |
| Closed | $502,300 | Small Business Administration |
Source: Houston Association of REALTORS®
MLS Number: 98892016
APN: 54100-006-00501
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