NOT LISTED FOR SALE

305 E Water St Victoria, TX 77901

Estimated Value: $143,488 - $271,000

3 Beds
1 Bath
3,732 Sq Ft
$60/Sq Ft Est. Value

Last Sold December 27, 2022

Current estimated payment $1,423/month

32 Days on Market

Highlights

  • Traditional Architecture
  • Multiple cooling system units
  • High Speed Internet
  • No HOA
  • 1 Car Garage
  • Partially Fenced Property

About This Home

As of December 2022

Great Investment Opportunity! This property includes a 2068 sq. ft. 4-plex with a detached one car garage and an additional unfinished 1664 sq. ft. building that could be used as a commercial building or converted into additional residential rentals. Don't miss out on this amazing opportunity.

Last Agent to Sell the Property

Kevin Daugherty

RE/MAX Land & Homes License #0740381 Listed on: 10/25/2022

RE/MAX Land & Homes

Last Buyer's Agent

Tambri Tagliabue

RE/MAX Land & Homes License #0528234

RE/MAX Land & Homes

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,528

Year Built

  • Built in 1950

Lot Details

  • 9,936 Sq Ft Lot
  • Partially Fenced Property
  • Chain Link Fence

Parking

  • 1 Car Garage

Home Design

  • Quadruplex
  • Traditional Architecture
  • Slab Foundation

Interior Spaces

  • 3,732 Sq Ft Home
  • Property has 2 Levels
  • Gas Range

Location

  • City Lot

Utilities

  • Multiple cooling system units
  • Window Unit Heating System
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 4 Units
  • Victoria Subdivision

Listing and Financial Details

  • Legal Lot and Block 4 / 152
  • Assessor Parcel Number 63415

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,528

Year Built

Built in 1950

Lot Details

0

Parking

1

Listing Details

  • Architectural Style: Traditional
  • Directions: From US-87 S Turn right onto W Rio Grande St/ US-59T Business S, Turn left onto Water St, Property will be on the right
  • Garage Yn: Yes
  • Unit Levels: Two
  • Lot Size Acres: 0.2281
  • Property Sub Type: Quadruplex
  • Property Sub Type Additional: Quadruplex,Multi Family
  • Prop. Type: Residential
  • Road Surface Type: Asphalt
  • Building Stories: 2
  • Subdivision Name: Victoria
  • Water Body Name: None
  • Year Built: 1950
  • Special Features: None
  • Stories: 2

Interior Features

  • Accessibility Features: None
  • Appliances: Gas Range
  • Fireplace Features: None
  • Fireplace: No
  • Living Area: 3732.0
  • Private Spa: No
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Construction Type: Wood Siding
  • Disclosures: Flood Plain Disclosure
  • Fencing: Chain Link, Partial
  • Foundation Details: Slab
  • Lot Features: City Lot, < 1/4 Acre
  • Pool Features: None
  • Property Condition: Resale
  • Roof: Composition, Shingle
  • View: None
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Detached, Garage

Utilities

  • Cooling: Electric, 3+ Units, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Electricity On Property: Yes
  • Heating: Electric, Multiple Heating Units, Window Unit
  • Heating Yn: Yes
  • Laundry Features: None
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, High Speed Internet Available, Phone Available, Trash Collection Public
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Gutter(s)

Schools

  • Junior High Dist: Victoria ISD

Lot Info

  • Parcel #: 63415
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 1528.0
  • Tax Block: 152
  • Tax Lot: 4
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2022
Closed on
Dec 27, 2022
Sold by
Ads Developing Group Llc
Bought by
Noble Lion Llc
Seller's Agent
Kevin Daugherty
RE/MAX Land & Homes
Buyer's Agent
Tambri Tagliabue
RE/MAX Land & Homes
List Price
$149,900
Current Estimated Value
$223,372

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.96%
Original Mortgage
$207,008
Outstanding Balance
$192,969
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$26,155

Purchase Details

Closed on
Aug 10, 2022
Sold by
Simple Capital Llc
Bought by
Ads Developing Group Llc

Purchase Details

Closed on
Apr 4, 2007
Sold by
Matchett James B
Bought by
Southern Garland
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Noble Lion Llc -- --
Ads Developing Group Llc -- Hay Legal Group Pllc
Simple Capital Llc -- Hay Legal Group Pllc
Southern Garland -- Crossroads Abstract & Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Noble Lion Llc $207,008
Previous Owner Matchett James $24,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/27/2022 12/27/22 Sold -- -- --
11/27/2022 11/27/22 Pending -- -- --
10/25/2022 10/25/22 For Sale $149,900 -- $40 / Sq Ft
Source: Central Texas MLS (CTXMLS)

Tax History Compared to Growth

Source: Public Records

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 $2,477 $347,720 $26,640 $321,080
2024 $2,477 $203,480 $29,120 $174,360
2023 $3,423 $181,140 $45,620 $135,520
2022 $1,427 $63,740 $3,480 $60,260
2021 $1,125 $45,790 $3,480 $42,310
2020 $1,135 $46,110 $3,480 $42,630
2019 $1,225 $46,120 $3,480 $42,640
2018 $1,233 $49,080 $3,480 $45,600
2017 $1,233 $49,100 $3,480 $45,620
2016 $1,257 $49,110 $3,480 $45,630
2015 $1,152 $51,610 $3,480 $48,130
2014 $1,152 $51,610 $3,480 $48,130
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Texas MLS (CTXMLS)

MLS Number: 489628

Central Texas MLS (CTXMLS)

APN: 54800-152-00401