3001 E Rio Grande Street Victoria, TX 77901

8,398 Sqft lot
0.19 Acre lot
Status: Active
Property Type: Duplex
Year Built: 1955
Neighborhood: Meadowview
Days on Website: 244

Courtesy of All Star Properties (361) 570-4663

Description

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.

Open House

Property Details and Features

  • Road Frontage Type: CityStreet
  • Bathrooms Total Integer: 0
  • Construction Materials: Asphalt
  • Living Area Source: Appraiser
  • Accessibility Features: None
  • Foundation Details: Slab
  • Water Body Name: None
  • Interior Features: CeilingFans
  • Listing Terms: Cash,Conventional
  • Number Of Units In Community: 2
  • Number Of Units Total: 0
  • City: Victoria
  • County Or Parish: Victoria
  • Parcel Number: 54768
  • Parking Features: NoGarage
  • Possession: ClosingAndFunding,Closing,SubjectToTenantRights
  • Property Condition: Resale
  • Property Sub Type: Duplex
  • View: None
  • Tax Block: 4
  • Tax Legal Description: MEADOWVIEW E 20' OF LOT 5 & W 50' OF LOT 6 BLOCK 4
  • Tax Lot: 5