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$279,900

Under Contract
107 Savannah Dr, Victoria, TX 77904
4 Beds
2 Baths
1,960 Square Feet
0.00 Acres Lot
Built in 1974
Under Contract
Units n/a
Checked: 1 day ago
Updated: Jul 09, 2025 at 03:02AM

Investment Summary


Potential Missing Expenses

We noticed that property taxes are missing—this is a standard expense and should be considered in your estimate.

Monthly Cash Flow
-$83
Cap Rate
5.3%
Cash-on-Cash Return
-1.5%
Debt Coverage Ratio
0.94
Internal Rate of Return (5 years)
2.5%

Property Description


0.00 Acres Lot
Built in 1974
Under Contract
Units n/a

From fresh paint to new fixtures, every detail has been carefully crafted so you don’t have to lift a finger—unless it’s to toast your new home at the housewarming! Experience refined living in this immaculately remodeled 4 bedroom, 2 bath home offering 1,960 square feet of thoughtfully designed space. Nestled in a quiet, established neighborhood close to schools and shopping with a public park and a private members-only neighborhood pool. This centrally located residence features a flexible floor plan, with the fourth bedroom easily serving as a home office, large bonus room or could be converted back to a two-car garage. Vaulted ceilings create a spacious, airy feel throughout the main living area and dedicated dining room, complemented by a double-sided fireplace and floating laminate flooring that offers both style and ease of maintenance. The kitchen and both bathrooms feature elegant granite countertops with double-sink vanities in the bathrooms. Subway tile backsplash accents the breakfast nook and kitchen showcasing plenty of cabinets and storage including a custom wet bar with wine refrigerator adding a touch of sophistication perfect for entertaining. Kitchen features stainless dishwasher, smooth-top range and vent hood. New large double-pane windows were installed 5 years ago allowing plenty of natural lighting providing views of the beautifully landscaped backyard. Enjoy outdoor living with dual patios, dramatic landscape lighting, and a storage building all set against a lush country-type view where deer and wildlife often visit in the early morning and late afternoon. With quality upgrades, timeless design, and a peaceful setting, this move-in-ready home blends comfort and luxury in perfect harmony. Don't let this one get away!

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Location


Property Details


Parking

  • Description: Garage
  • Garage Spaces: 0
  • Spaces Total: 0

Bedroom Information

  • # of Bedrooms: 4

Bathroom Information

  • # of Baths (Full): 2
  • # of Baths (Total): 2.0

Interior Features

  • # of Rooms: 1
  • # of Stories: 1
  • Fireplace: Yes

Exterior Features

  • Exterior Walls Materials: Brick Veneer
  • Foundation: Brick/Mortar
  • Roof Material: Composition, Shingle
  • Pool: Yes

Land Information

  • Land Use: Residential
  • Land Use Subtype: Single Family Residential

Lot Information

  • Parcel ID: 5060000600400
  • Lot Size: 0 sqft

Property Information

  • Property Type: Single Family Residence
  • Style: Traditional
  • Year Built: 1974

Tax Information

  • Annual Tax: $0

Utilities

  • Water & Sewer: Public
  • Heating: Central, Electric
  • Cooling: Ceiling Fan(s), Electric

Location

  • County: Victoria

Listing Details


Listed by:
Sarah Davenport Korczynski
RE/MAX Land & Homes
(361) 920-9567

Source:
Central Texas MLS (CTXMLS)
MLS#: 583880
Central Texas MLS (CTXMLS)

Investment Summary


Potential Missing Expenses

We noticed that property taxes are missing—this is a standard expense and should be considered in your estimate.

Monthly Cash Flow
-$83
Cap Rate
5.3%
Cash-on-Cash Return
-1.5%
Debt Coverage Ratio
0.94
Internal Rate of Return (5 years)
2.5%

Purchase Details

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Purchase price:
$279,900
Amount financed:
-$223,920
Down payment:
$55,980
Closing costs:
$8,397
Rehab costs:
$0
Initial cash invested:
$64,377
Square feet:
1,960
Cost per square foot:
$143
Monthly rent per square foot:
$0.92

Financing Details

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Loan amount:
$223,920
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
5.875%
Principal & interest:
$1,325
Property tax:
$0
Insurance:
$126
Private mortgage insurance (PMI):
$0
Monthly payment:
$1,451

Operating Income

Find a Property Manager

% Rent Monthly Yearly
Gross rent:
$1,800 $21,600
Vacancy loss: (6%)
6% -$108 -$1,296
Operating income:
$1,692 $20,304

Operating Expenses


% Rent Monthly Yearly
Property taxes: (n/a)
n/an/an/a
Insurance: (7%)
7%-$126-$1,512
Property management: (8%)
8%-$144-$1,728
Repairs & maintenance: (5%)
5%-$90-$1,080
Capital expenditures: (5%)
5%-$90-$1,080
HOA fees: (n/a)
n/an/an/a
Total operating expenses: (25%)
25%-$450-$5,400

Cash Flow


Monthly Yearly
Net operating income:
$1,242 $14,904
Mortgage payments:
-$1,325 -$15,900
Cash flow:
$83 $996