E
Seller's Agent in 2025
Emily Salinas
Greg Spears Realty
(361) 652-9784
69 Total Sales
Last list price
507 W Brazos St Victoria, TX 77901
--
Bed
--
Bath
1,202
Sq Ft
8,682
Sq Ft Lot
Highlights
- Craftsman Architecture
- No HOA
- Ceiling Fan
- Wood Flooring
- Cooling Available
- 1 Car Garage
About This Home
As of January 2025INVESTOR SPECIAL with great cashflow/cap rate and PRICED TO MOVE! This is a package deal of homes all owned by the same owner and they are all tenant occupied. The package consists of 6 single family homes, 1 garage apartment, and 1 vacant lot. Three of the homes have brand new roofs with 30-year shingles. The house on Brazos is in lovely downtown Victoria offering a fantastic location and big value add opportunity. The remaining properties are all down the same street and close to one another on Avenue C.
Properties included are:
1. 507 W. Brazos 3BR/1BA @ 1202 sq.ft
2. 609 Ave C (extra lot) - vacant lot at corner of Ave C and North St
3. 609 Ave C. 2BR/1BA/1Garage @ 810 sq. ft
4. 607 Ave C. 2BR/1BA/1Garage @ 780sq. ft
5. 605 Ave C. 2BR/1BA/1det. garage @ 784 sq.ft.
6. 505 Ave C. 2BR/1BA/1Garage @ 712 sq. ft
7. 507 Ave C. 2BR/1BA @ 728 Sq. ft
8. 507.5 Ave C (garage apt) 1BR/1BA/1Garage @ 352 sq.ft
(All square footages have been sourced from Victoria CAD)
The ROI this package brings is off the charts. Take advantage of acquiring so many properties at such a competitive price while you still can!
Last Agent to Sell the Property
The Ron Brown Company Brokerage Phone: 361-573-6001 License #0730168 Listed on: 09/19/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,581
Year Built
- Built in 1936
Lot Details
- 8,682 Sq Ft Lot
- Back Yard Fenced
Parking
- 1 Car Garage
Home Design
- Duplex
- Craftsman Architecture
- Pillar, Post or Pier Foundation
- Frame Construction
Interior Spaces
- 1,202 Sq Ft Home
- Property has 1 Level
- Ceiling Fan
- Laundry in unit
Flooring
- Wood
- Carpet
- Laminate
- Tile
Utilities
- Cooling Available
- Window Unit Heating System
- Water Heater
Community Details
- No Home Owners Association
- 7 Units
- Victoria Heights Subdivision
Listing and Financial Details
- Legal Lot and Block 4 / 2
- Assessor Parcel Number 64174
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 19, 2023
Closed on
Jan 15, 2024
Sold by
Stag Properties Corp
Bought by
Rodriguez Investment Group Lp
Seller's Agent
Jake Truss
The Ron Brown Company
Buyer's Agent
John Alegria
Greg Spears Realty
List Price
$449,900
Views
76
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-53.79%
Original Mortgage
$300,000
Outstanding Balance
$284,451
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
-$158,784
Purchase Details
Closed on
Feb 8, 2023
Sold by
Johnson Rental Properties
Bought by
Stag Properties Corp
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | Stewart Title | |
| Warranty Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $300,000 | New Conventional | |
| Previous Owner | $257,600 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/25/2025 07/25/25 | For Rent | $2,400 | 0.0% | -- |
| 01/15/2025 01/15/25 | Sold | -- | -- | -- |
| 01/02/2025 01/02/25 | Pending | -- | -- | -- |
| 12/11/2024 12/11/24 | For Sale | $129,000 | -69.3% | $107 / Sq Ft |
| 01/25/2024 01/25/24 | Sold | -- | -- | -- |
| 11/17/2023 11/17/23 | Pending | -- | -- | -- |
| 11/13/2023 11/13/23 | Price Changed | $420,000 | -3.4% | $349 / Sq Ft |
| 10/12/2023 10/12/23 | Price Changed | $435,000 | -3.3% | $362 / Sq Ft |
| 09/19/2023 09/19/23 | For Sale | $449,900 | -- | $374 / Sq Ft |
Source: Central Texas MLS (CTXMLS)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $2,437 | $130,576 | $22,920 | $107,656 |
| 2023 | $2,008 | $106,290 | $20,830 | $85,460 |
| 2022 | $2,581 | $115,290 | $11,830 | $103,460 |
| 2021 | $2,245 | $91,390 | $11,830 | $79,560 |
| 2020 | $2,196 | $89,260 | $11,830 | $77,430 |
| 2019 | $2,372 | $89,260 | $11,830 | $77,430 |
| 2018 | $2,095 | $83,430 | $11,830 | $71,600 |
| 2017 | $2,124 | $84,590 | $11,830 | $72,760 |
| 2016 | $2,124 | $82,990 | $11,830 | $71,160 |
| 2015 | $1,606 | $84,070 | $11,830 | $72,240 |
| 2014 | $1,606 | $81,970 | $11,830 | $70,140 |
Source: Public Records
Agents Affiliated with this Home
-
Emily Salinas
-
The Zaplac Group
T
Seller's Agent in 2025
The Zaplac Group
Coldwell Banker D'Ann Harper
(361) 541-4100
759 Total Sales
-
John Alegria
J
Buyer's Agent in 2025
John Alegria
Greg Spears Realty
(361) 676-3873
74 Total Sales
-
Jake Truss
Seller's Agent in 2024
Jake Truss
The Ron Brown Company
(361) 550-7878
176 Total Sales
Map
Source: Central Texas MLS (CTXMLS)
MLS Number: 521551
APN: 55000-002-00400
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Listing and property data is from an Internet Data Exchange (IDX) provided by the Central Texas MLS.
Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Copyright 2025 Central Texas MLS, All Rights Reserved.
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