Take a look at this investment opportunity near the University & Hospital! This versatile property offers an outstanding opportunity for investors or owner-occupants looking to generate rental income. The main residence features 3 bedrooms, 1.5 bathrooms, beautiful hardwood floors, and a functional layout with plenty of potential.
Adding even more value is a separate guest house featuring 2 bedrooms, 1 bathroom, a full kitchen, and its own private backyard. The guest house is currently rented, providing immediate rental income and making this property an attractive addition to an investment portfolio.
Conveniently located near the university, hospital, shopping, dining, and other amenities, this property offers strong rental appeal and accessibility for students, medical professionals, families, or other tenants. With two separate living spaces and an existing tenant, this is a great opportunity to maximize rental income while owning a property in a highly desirable location.
Live in the main home while collecting rent from the guest house, or utilize both units as income-producing rentals. Properties with this combination of location, flexibility, and rental potential are hard to find—schedule your showing today!
Active
Price cut: $5K (10/9)
$180,000
1902 E Red River St, Victoria, TX 77901
5beds
2,216sqft
Single Family Residence
Built in 1951
10,010 Square Feet Lot
$-- Zestimate®
$81/sqft
$-- HOA
What's special
Beautiful hardwood floorsTwo separate living spacesFunctional layout
- 55 days
- 409
- 34
Zillow last checked:
Listing updated:
Listed by:
Brian Olguin 361-573-0444,
RE/MAX Land & Homes
Source: Central Texas MLS,MLS#: 621288
Originating MLS: Victoria Area Association of REALTORS
Originating MLS: Victoria Area Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Heating
- Central, Multiple Heating Units
Cooling
- Central Air, 2 Units
Appliances
- Included: Electric Cooktop, Water Heater, Some Electric Appliances
- Laundry: Other, See Remarks
Features
- Ceiling Fan(s), Laminate Counters, Pull Down Attic Stairs, Shower Only, Separate Shower, Tub Shower
- Flooring: Tile, Vinyl, Wood
- Attic: Pull Down Stairs
- Has fireplace: No
- Fireplace features: None
Interior area
- Total interior livable area: 2,216 sqft
Video & virtual tour
Property
Parking
- Total spaces: 1
- Parking features: Garage
- Garage spaces: 1
Features
- Levels: One
- Stories: 1
- Exterior features: Private Yard
- Pool features: None
- Fencing: Back Yard,Chain Link,Gate
- View description: None
- Body of water: None
Lot
- Size: 10,010 Square Feet
Details
- Additional structures: Garage Apartment
- Parcel number: 40374
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Vinyl Siding, Wood Siding
- Foundation: Pillar/Post/Pier, Slab
- Roof: Composition,Shingle
Condition
- Resale
- Year built: 1951
Utilities & green energy
- Sewer: Not Connected (at lot), Public Sewer
- Water: Not Connected (at lot), Public
- Utilities for property: Electricity Available, Trash Collection Public
Community & HOA
Community
- Features: None, Curbs
- Subdivision: Bon-Aire
HOA
- Has HOA: No
Location
- Region: Victoria
Financial & listing details
- Price per square foot: $81/sqft
- Tax assessed value: $206,460
- Annual tax amount: $3,678
- Date on market: 8/14/2026
- Cumulative days on market: 56 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA,VA Loan
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 10/9/2026 | Price change | $180,000-2.7%$81/sqft |
Source:  Central Texas MLS #621288 Report a problem | ||
| 8/14/2026 | Listed for sale | $185,000+5.8%$83/sqft |
Source: Central Texas MLS #621288 Report a problem | ||
| 7/1/2022 | Listing removed | -- |
Source:  RE/MAX International Report a problem | ||
| 6/1/2022 | Price change | $174,900-7.9%$79/sqft |
Source: Central Texas MLS #459046 Report a problem | ||
| 12/15/2021 | Listed for sale | $189,900$86/sqft |
Source: Central Texas MLS #458796 Report a problem | ||
| 2/17/2017 | Sold | -- |
Source: Central Texas MLS #V221085 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,678 -0.8% | $206,460 -1.7% |
| 2024 | $3,708 -0.8% | $209,940 -0.9% |
| 2023 | $3,736 -14.5% | $211,860 +8.6% |
| 2022 | $4,368 +5.2% | $195,150 +12.7% |
| 2021 | $4,151 +10.2% | $173,120 +12.9% |
| 2020 | $3,767 +5.2% | $153,320 +5.4% |
| 2019 | $3,581 +69% | $145,530 +72.5% |
| 2018 | $2,119 | $84,370 |
| 2017 | $2,119 +5% | $84,370 +4.3% |
| 2016 | $2,017 -14.7% | $80,900 -0.8% |
| 2015 | $2,364 | $81,580 -39.1% |
| 2014 | $2,364 | $133,970 +6.9% |
| 2013 | -- | $125,290 +38.2% |
| 2010 | -- | $90,630 -2.8% |
| 2009 | -- | $93,240 +2.2% |
| 2008 | -- | $91,260 +13.2% |
| 2006 | -- | $80,630 +26.3% |
| 2005 | -- | $63,820 +3.7% |
| 2004 | -- | $61,520 +6.7% |
| 2003 | -- | $57,630 +23.2% |
| 2002 | -- | $46,770 -1.5% |
| 2001 | -- | $47,480 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 77901
Nearby schools
Schools provided by the listing agent
- District: Victoria ISD
Source: Central Texas MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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