303 PALMWOOD DRIVE, VICTORIA, TX 77901

Homes for sale in Victoria.

Homes for sale in 77901.


303 Palmwood Drive

Victoria, TX 77901

Status of the property has changed, please contact for details

List Price$649,000

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

Listing #569039

6,488

Square Feet

1

Number of Units

House

Type

About This Property

INVESTMENT OPPORTUNITY!! OWNER FINANCING AVAILABLE!! 7 Cap Rate!! This 8-plex has had some major capital improvements and is cash-flowing on Day 1! All 8 units are 1 bed / 1.5 bath. The two-story building has 4 units downstairs and 4 units upstairs. Some of the more recent improvements include roof replacement (2018), foundation repaired with Lifetime Transferrable Warranty, all upstairs balconies rebuilt, and much more! Call listing broker to discuss it in more detail and to schedule a showing!

Property Features

Location Information

County

Victoria

Directions

From Sam Houston Dr., turn onto Palmwood Dr.. Property is on the left.

Subdivision

Tanglewood VI

Interior Features

Interior

Ceiling Fan(s), Other, See Remarks

Laundry

In Unit

Has Fireplace

No

Disabled Features

Other, See Remarks

Fireplace Description

None

Appliances

Other, See Remarks

Heating

Central, Electric

Total Number of Units

1

Cooling

Central Air, Electric

Exterior Features

Stories

2

Fencing

Partial

Construction/Exterior

Frame, Wood Siding

Lot Size in Acres

0.333

Foundation

Slab

Water Body

None

Possession

Closing & Funding, Negotiable, Subject To Tenant Rig

Has Waterfront

No

Water / Sewer

Public Sewer

Has View

No

Has Garage

No

View

None

Garage Spaces

0

School

School District

Victoria ISD

Additional Information

Roof/Attic

Composition, Shingle

Year Built

1979

Other Utilities

Electricity Available, Other, See Remarks, Trash Collection Public

Status

Active Under Contract

Property Type

SFR

Documents Available

Other, See Remarks

Property SubType

Apartment

Square Feet Source

Appraiser

Property SubType 2

Residential

Similar Listings

Mortgage Calculator

$3,029

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$2,338

Monthly Tax

$540

Monthly Insurance

$151

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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