3001 E Rio Grande Street, Victoria, TX 77901
Local realty services provided by:ERA Experts
Listed by: kimberly a smetters
Office: all star properties
MLS#:589292
Source:TX_FRAR
Price summary
- Price:$139,899
- Price per sq. ft.:$64.23
About this home
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....
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Home facts
- Year built:1955
- Listing ID #:589292
- Added:272 day(s) ago
- Updated:May 13, 2026 at 03:23 PM
Rooms and interior
- Flooring:Vinyl, Wood
- Kitchen Description:Electric Range, Range, Some Electric Appliances
- Living area:2,178 sq. ft.
Heating and cooling
- Cooling:Ceiling Fans, Wall/Window Units
- Heating:Electric
Structure and exterior
- Roof:Composition, Shingle
- Year built:1955
- Building area:2,178 sq. ft.
- Lot area:0.19 Acres
- Construction Materials:Asphalt
- Foundation Description:Slab
- Levels:2 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$139,899
- Price per sq. ft.:$64.23
Features and amenities
- Appliances:Electric Range, Electric Water Heater, Range, Some Electric Appliances
- Laundry features:In Unit
Parking
- Parking description:No Garage
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