ActiveResidential · sale

968 Tate Road

Victoria, TX 77904

$825,000

  • 8 beds
  • 5 baths
  • 5,078 sq ft
  • 6.66 acres
  • Built 2001

Listed by Deal Smith Realty LLC · MLS #618694

A FEW THINGS TO NOTICE

What stands out.

Additional spaces

A 40x80 foot custom high-end steel pavilion beneath a metal standing seam roof, plus a separate party and guest house behind the main residence.

Living spaces

Off the other side, an elegant dining area and a large kitchen with an island, breakfast bar, and breakfast area, open to the living room and its wood-burning fireplace.

Details worth a look

Beyond the foyer, a covered patio and backyard onto trails, scenic seating areas, a fountain and pond, the party and guest house, and the covered pavilion.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

Eight-bedroom estate across nearly seven acres, approximately 5,078 square feet, 2001 construction. Five full bathrooms across the residence. Recent transformation into a one of a kind event venue. A 40x80 foot custom high-end steel pavilion beneath a metal standing seam roof, plus a separate party and guest house behind the main residence. At the gated entrance, a circular driveway and fountain for immediate curb presence. Extensive, meticulous landscaping throughout the grounds. Grand high ceilings and an exquisite foyer chandelier under abundant natural light. Cathedral ceilings, recessed lighting, granite counters, and a blend of wood, tile, and carpet flooring. Vinyl windows, ceiling fans, and coffered detail in the primary bedroom. Off one side of the entry, a full hall bathroom, a guest bedroom, and the primary suite with oversized windows. Within the primary bath, a jacuzzi tub, a separate shower, dual counters with sinks, and an expansive walk-in closet. Off the other side, an elegant dining area and a large kitchen with an island, breakfast bar, and breakfast area, open to the living room and its wood-burning fireplace. A separate formal dining room, double vanities, and multiple walk-in closets throughout. A dedicated game room and two distinct living areas across the layout. Primary suite on the main level, alongside a main-level laundry room and attic storage. Beyond the foyer, a covered patio and backyard onto trails, scenic seating areas, a fountain and pond, the party and guest house, and the covered pavilion. A pavilion, pond, and guest house for large-scale events. Masterful landscaping across the entire estate for an unmatched ambiance. Central air throughout, alongside multiple water heaters and gas-capable appliances. Built-in oven, refrigerator, and full-size washer and dryer. North of Victoria with direct access to US-77 and the US-59 corridor. One of a kind property, ready for a new owner.

THE NEIGHBORHOOD

Explore the location.

968 Tate Road, Victoria, TX 77904

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
2001
Full baths
5
Half baths
0
Garage spaces
2
Cooling
CentralAir
Heating
Central
Appliances
Dryer,Dishwasher,ElectricRange,Disposal,MultipleWaterHeaters,Microwave,PropaneWaterHeater,Refrigerator,Washer,SomeGasAppliances,BuiltInOven
Flooring
Carpet,CeramicTile,Hardwood,Tile
Utilities
ElectricityAvailable,Propane,WaterAvailable
Exterior
Balcony,Other,Porch,SeeRemarks,PropaneTankOwned
Fencing
BarbedWire,BackYard,Full,FrontYard,Gate,Pipe,Wire
Pool features
None
Spa
No
Parcel
37186

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase
Estimated monthly rent$3,437.50
Cap rate

Annual operating income:

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Your property and current assumptions will be included for our team to review.

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Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interestLoan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

See its potential.
Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
A more complete plan for your property

LOCAL PEOPLE. SHARED COMMITMENT.

A team behind your next step.

From your first question to the everyday work of ownership, a conversation with the right person makes a difference.

Meet ERA Property Management

Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

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968 Tate Road, Victoria, TX 77904 · MLS #618694

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Listing information

MLS #618694 · Central Texas MLS

Listing brokerage: Deal Smith Realty LLC
Listing agent: Derek Smith

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.