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.
Listed By
Agency Name: All Star Properties
Agency Phone: (361) 570-4663
Shown By
Agent Name: Mike Kight
Agent Phone: (512) 924-6524
Agency Title: Realty Capital City
Estimated Payment
$ 352.16 per month $311.36 Principal & Interest $0.00 Property Tax (data not provided by mls) $40.80 Homeowner's Insurance
3001 E Rio Grande Street | MLS# 589292
This multi-family property located at 3001 E Rio Grande Street, Victoria, TX 77901 is currently listed for sale with an asking price of $139,899. E Rio Grande Street is located within the Victoria ISD school district. Search Victoria real estate on mkight.rmcapitalcity.com today.