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$205,000

331 Victoria Dr, Houston, TX, 77022

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths1 Bath
Baths1,144 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$179.2 / sqft
Year BuiltBuilt in 1948

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
HeatingHeating
FlooringVinyl

Exterior

Lot Size8,999 sqft

Building Information

Year Built1948
Stories1

Land Information

APN0790950060063
Lot Number63
SubdivisionVictoria Gardens
Land UseResidential
Legal DescriptionLT 63 BLK 6 VICTORIA GARDENS
Census Tract530502
Assessed Land Value$126,000
Assessed Improvement Value$25,300
Assessment Year2025

About this property

PRICED TO SELL!! Build your next home(s) in an area where new construction is taking place or renovate the current dwelling on this nice, oversized corner lot. No HOA and low property taxes make this property a great investment. Property needs full rehab. This is a great opportunity in the highly desirable Independence Heights area. Perfect for investors looking to renovate, transform, or rebuild. Ideal for new construction projects or buyers seeking to maximize value in a rapidly growing location. Don’t miss the potential this property offers!

Investor Tools

$0Estimated Mortgage Balance
$184,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,230 /month
Positive
Cash Flow Estimate:
$410 /month

Interested in this property?

Jesse Burton

Burton &Burton Real Estate Professionals LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$337/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,122
$151,300
2025
$126,000
$25,300
$151,300
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2024
$3,122
$151,300

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$184,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
N/A
+$1,307/mo
8.5%

City: Houston

331 Victoria Dr | Property Details | No Agent List