NOT LISTED FOR SALE

508 E Convent St Victoria, TX 77901

Estimated Value: $232,000 - $395,000

4 Beds
3 Baths
3,224 Sq Ft
$103/Sq Ft Est. Value

Last Sold October 12, 2023

Current estimated payment $2,290/month

41 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • Paved or Partially Paved Lot
  • Multiple cooling system units
  • Ceiling Fan
  • Vinyl Flooring

About This Home

As of October 2023

Discover a prime investment opportunity near Downtown Victoria - a well-maintained multi-family complex with 4 units, each featuring 2 bedrooms and 1 bathroom, and a dedicated parking lot for added convenience. Located near shopping and entertainment, this property is near it all. Ideal for investors seeking steady rental income or homeowners looking for additional rental potential in a coveted urban setting. Don't miss this chance to own a valuable asset in Victoria's thriving real estate market.

Last Agent to Sell the Property

Brandi Jackson

Cornerstone Properties Brokerage Phone: 361-576-2353 License #0577155 Listed on: 08/22/2023

Last Buyer's Agent

Melanie Hargis

RE/MAX Land & Homes License #741685

RE/MAX Land & Homes

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1972

Lot Details

  • 9,731 Sq Ft Lot
  • Paved or Partially Paved Lot

Home Design

  • Quadruplex
  • Slab Foundation

Interior Spaces

  • 3,224 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Vinyl Flooring
  • Fire and Smoke Detector
  • Electric Range

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • 4 Units

Listing and Financial Details

  • Legal Lot and Block 1 / 185
  • Assessor Parcel Number 63656

Property Details

Home Type

Multi-Family

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Architectural Style: Ranch
  • Directions: Heading south on North Navarro turn right onto E. Convent St. The proeprty is on the right side.
  • Garage Yn: No
  • Unit Levels: Two
  • Lot Size Acres: 0.2234
  • Property Sub Type: Quadruplex
  • Property Sub Type Additional: Quadruplex,Multi Family
  • Prop. Type: Residential
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Building Stories: 2
  • Water Body Name: None
  • Year Built: 1972
  • Attribution Contact: 361-576-2353
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Accessibility Features: None
  • Appliances: Exhaust Fan, Electric Range, Electric Water Heater, Multiple Water Heaters, Refrigerator, Range
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Vinyl
  • Interior Amenities: Ceiling Fan(s), Pantry
  • Living Area: 3224.0
  • Private Spa: No
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Construction Type: HardiPlank Type
  • Fencing: None
  • Foundation Details: Slab
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Property Condition: Resale
  • Roof: Composition, Shingle
  • View: None
  • View: No
  • Waterfront: No

Utilities

  • Cooling: Central Air, Electric, 3+ Units
  • Cooling Y N: Yes
  • Heating: Central, Electric, Multiple Heating Units
  • Heating Yn: Yes
  • Laundry Features: None
  • Security: Smoke Detector(s)
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Victoria ISD

Lot Info

  • Parcel #: 63656
  • ResoLotSizeUnits: Acres

Multi Family

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

Tax Info

  • Tax Block: 185
  • Tax Lot: 1
  • Tax Year: 2023

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2023
Closed on
Oct 12, 2023
Sold by
South Texas Rentals Llc
Bought by
Gutierrez Gabriel
Seller's Agent
Brandi Jackson
Cornerstone Properties
Buyer's Agent
Melanie Hargis
RE/MAX Land & Homes
List Price
$359,885
Views
102
Current Estimated Value
$332,182

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.55%
Original Mortgage
$264,000
Outstanding Balance
$258,867
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$73,315

Purchase Details

Closed on
Oct 3, 2016
Sold by
Platinum Home Investments Llc
Bought by
Victorias Platinum Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,900
Interest Rate
3.43%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Gutierrez Gabriel -- None Listed On Document
Victorias Platinum Properties Llc -- Crossroads Abstract And Titl
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gutierrez Gabriel $264,000
Previous Owner Victorias Platinum Properties Llc $199,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/12/2023 10/12/23 Sold -- -- --
10/02/2023 10/02/23 Pending -- -- --
08/22/2023 08/22/23 For Sale $359,885 -- $112 / 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 $6,632 $328,820 $77,840 $250,980
2024 $6,632 $355,380 $77,840 $277,540
2023 $2,645 $140,000 $4,210 $135,790
2022 $3,134 $140,000 $4,210 $135,790
2021 $2,320 $94,440 $4,210 $90,230
2020 $2,167 $88,060 $4,210 $83,850
2019 $2,368 $89,140 $4,210 $84,930
2018 $1,717 $68,360 $4,210 $64,150
2017 $1,740 $69,290 $4,210 $65,080
2016 $1,257 $49,100 $4,210 $44,890
2015 $1,214 $52,000 $4,210 $47,790
2014 $1,214 $53,170 $4,210 $48,960
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Texas MLS (CTXMLS)

MLS Number: 518785

Central Texas MLS (CTXMLS)

APN: 54800-185-00100