3001 E RIO GRANDE STREET, VICTORIA, TX 77901
Homes for sale in Victoria.
Homes for sale in 77901.
List Price$139,899
3001 E Rio Grande Street
Victoria, TX 77901
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
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