3001 E RIO GRANDE STREET, VICTORIA, TX 77901

Homes for sale in Victoria.

Homes for sale in 77901.


Status of the property has changed, please contact for details

List Price$139,899

3001 E Rio Grande Street

Victoria, TX 77901

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

Listing #589292

2,178

Square Feet

Multi-Unit Residential

Type

About This Property

PRIME INVESTMENT OPPORTUNITY: STABILIZED DUPLEX WITH IMMEDIATE INCOME Strategically located at 3001 E Rio Grande St, this well-maintained duplex offers a reliable addition to any real estate portfolio. This property is ideal for an investor seeking a stabilized asset with clear management timelines and consistent performance. The property consists of two functional units, each featuring a 2-bedroom, 1-bathroom layout and access to a spacious communal yard. Both units are currently occupied by tenants, providing an established rent roll and immediate cash flow upon acquisition. PORTFOLIO ADVANTAGES... STABILIZED CASH FLOW: The property is fully occupied, eliminating the initial leasing hustle and ensuring revenue from the first day of ownership. STRUCTURED LEASE EXPIRATIONS: With leases expiring in October and November, ownership has a clear window to evaluate market rates, renew existing agreements, or execute light value-add improvements during the late-year turnover period. LOW-MAINTENANCE LAYOUTS: The 2/1 configuration is a staple of the rental market, designed for straightforward property management and durable tenant appeal. EXPANSIVE LOT: The generous yard space is a significant asset, offering a competitive edge for tenant retention and providing long-term land value. This is a rare opportunity to acquire a performing asset with set timelines for income optimization. Secure your next Texas investment today.

Property Features

Location Information

County

Victoria

Directions

Driving north on US 59 Business, take a right on Ben Wilson St. Then you will take a left on E Rio Grande St. The duplex will be on your right - 3001 E Rio Grande St.

Subdivision

Meadowview

Interior Features

Interior

Ceiling Fan(s)

Floors

Vinyl, Wood

Has Fireplace

No

Laundry

In Unit

Fireplace Description

None

Disabled Features

None

Heating

Electric

Appliances

Electric Range, Electric Water Heater, Some Electric Appliances, Range

Cooling

Wall/Window Unit(s)

Total Number of Units

0

Exterior Features

Style

Traditional

Garage Spaces

0

Stories

2

Fencing

Chain Link, Privacy

Construction/Exterior

Asphalt

Lot Size in Acres

0.193

Foundation

Slab

Water Body

None

Possession

Closing & Funding, Closing, Subject To Tenant Rights

Has Waterfront

No

Water / Sewer

Public Sewer

Has View

No

Parking Description

No Garage

View

None

Has Garage

No

School

School District

Victoria ISD

Additional Information

Roof/Attic

Composition, Shingle

Year Built

1955

Property Type

RI

Status

Pending

Property SubType

Duplex

Documents Available

Disclosure(s), Lead Based Paint Disclosure, Seller's Property Disclosure, Survey

Property SubType 2

Residential

Square Feet Source

Appraiser

Similar Listings

Mortgage Calculator

$652

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$504

Monthly Tax

$116

Monthly Insurance

$32

yrs

%

$

$

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.

Schools

Walk Score

Real Estate IDX Powered by iHomefinder