Description
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!
Address: 303 Palmwood Drive
City: Victoria
Area: Tanglewood VI
State/County: Victoria
Zip: 77901
Country: United States
Property Id: 213746
Price: $ 649,000
Property Size: 6,488 ft2
Property Lot Size: 0 ft2
ActivationDate: 2025-02-04
ConstructionMaterials: Frame, WoodSiding
ContingentDate: 2025-03-17
ContractStatusChangeDate: 2025-03-17
Cooling: CentralAir, Electric
CumulativeDaysOnMarket: 259
DaysOnMarket: 259
Directions: From Sam Houston Dr., turn onto Palmwood Dr.. Property is on the left.
ElementarySchoolDistrict: Victoria ISD
Fencing: Partial
FoundationDetails: Slab
Heating: Central, Electric
HighSchoolDistrict: Victoria ISD
InternetAddressDisplayYN: 1
Levels: Two
ListAgentAOR: FourRiversAssociationOfRealtors
ListAgentDirectPhone: (512) 420-6565
ListAgentEmail: wade@regaltexas.com
ListAgentFirstName: Wade
ListAgentFullName: Wade Goodwin
ListAgentKey: 9163812
ListAgentLastName: Goodwin
ListAgentMiddleName: Garrett
ListAgentMlsId: 785040175
ListAgentOfficePhone: (512) 420-6565
ListAgentPreferredPhone: (512) 420-6565
ListAgentStateLicense: 0605333
ListOfficeAOR: FourRiversAssociationOfRealtors
ListOfficeEmail: wade@regaltexas.com
ListOfficeKey: 2811919
ListOfficeMlsId: 3075
ListOfficeName: NB Regal Real Estate, LLC
ListOfficePhone: (512) 420-6565
ListingAgreement: ExclusiveRightToSell
ListingContractDate: 2025-02-04
MLS ID: 569039
ListingTerms: Cash, Conventional, OwnerMayCarry, Other, SeeRemarks
LivingAreaSource: Appraiser
LotSizeArea: 0.3332
MiddleOrJuniorSchoolDistrict: Victoria ISD
MlsStatus: ActiveUnderContract
OnMarketDate: 2025-02-04
OriginalListPrice: 749000
OriginatingSystemKey: 55481201
OriginatingSystemName: CTEXAS
PhotosCount: 26
PreviousListPrice: 749000
PropertyCondition: Resale
Roof: Composition, Shingle
Sewer: PublicSewer
StateOrProvince: TX
Stories: 2
StreetName: Palmwood
StreetNumber: 303
StreetNumberNumeric: 303
StreetSuffix: Drive
StructureType: Apartment
TaxBlock: 4
TaxLegalDescription: TANGLEWOOD VI LOT 16 & NE 1/4 OF LOT 17 BLOCK 4
TaxLot: 16
Utilities: ElectricityAvailable, Other, SeeRemarks, TrashCollectionPublic
WaterSource: Public
YearBuilt: 1979
YearBuiltSource: Assessor
Other Features
1
CeilingFans
Has Cooling System
Has Heating System
InUnit
Other
Other, SeeRemarks
SeeRemarks
$ 3,327.55
per month
- Principal and Interest
- Property Tax
- HOA fee
$ 2,516.30
