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$169,999

147 Victoria Dr, Houston, TX, 77022

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths1 Bath
Baths1,230 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$138.21 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size8,581 sqft

Building Information

Year Built1955
Stories1

Land Information

APN0800880000025
Lot Number25
SubdivisionGraceland Terrace
Land UseResidential
Legal DescriptionLT 25 BLK 6 GRACELAND TERRACE SEC 1
Census Tract530502
Assessed Land Value$122,850
Assessed Improvement Value$63,964
Assessment Year2025

About this property

PRICED TO SELL! INVESTOR SPECIAL! Great opportunity for investors, flippers, contractors, or buyers looking for their next renovation project. Situated on an 8,580-square-foot lot, this property offers potential for renovation and value-added improvements. The home needs work and features a converted garage room offering additional possibilities. No HOA and low property taxes add to the appeal. New construction nearby. Property is being sold as-is. Bring your vision and explore the potential!

Investor Tools

$38,104Estimated Mortgage Balance
$148,710Estimated Equity
79% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,121 /month
Positive
Cash Flow Estimate:
$374 /month

Interested in this property?

Devona Chatham

HomeSmart

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$219/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,691
$186,814
2025
$122,850
$63,964
$186,814
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2024
$1,691
$186,814

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Aegis Funding Corp
Fannie Mae/Freddie Mac (Phased Out Keying In 2008 Because Fannie Mae Does Not Originate Loans Directly To Borrowers Or Investors. Most "New Conventional" Loans Meet Their General Underwriting Guidelines.)
$60,000
No
First
Nov 11, 2005
Dec 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$38,104
$148,710
79%
20%
$478/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$478/mo
+$829/mo
8.4%

City: Houston

147 Victoria Dr | Property Details | No Agent List