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!
Closed
Price Unknown
303 Palmwood Dr, Victoria, TX 77901
8beds
12baths
6,488sqft
Multi Family, Apartment
Built in 1979
-- sqft lot
$349,800 Zestimate®
$--/sqft
$2,476 Estimated rent
Home value
$349,800
$297,000 - $413,000
$2,476/mo
Zestimate® history
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Roof replacement
Zillow last checked:
Listing updated:
Listed by:
Wade Goodwin (512)420-6565,
NB Regal Real Estate, LLC
Bought with:
NON-MEMBER AGENT TEAM, TREC #null
Non Member Office
, TREC #null
Source: Central Texas MLS,MLS#: 569039
Originating MLS: Four Rivers Association of REALTORS
Originating MLS: Four Rivers Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 12
Heating
- Central, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Other, See Remarks
- Laundry: In Unit
Features
- Ceiling Fan(s), Other, See Remarks
- Attic: None
- Has fireplace: No
- Fireplace features: None
Interior area
- Total interior livable area: 6,488 sqft
Property
Accessibility
- Accessibility features: Other, See Remarks
Features
- Levels: Two
- Stories: 2
- Pool features: None
- Fencing: Partial
- Has view: Yes
- View description: None
- Body of water: None
Lot
- Size: 0.33 Acres
Details
- Parcel number: 61782
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Apartment
- Attached to another structure: Yes
Materials
- Frame, Wood Siding
- Foundation: Slab
- Roof: Composition,Shingle
Condition
- Resale
- Year built: 1979
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Other, See Remarks, Trash Collection Public
Community & HOA
Community
- Subdivision: Tanglewood VI
HOA
- Has HOA: No
Location
- Region: Victoria
Financial & listing details
- Date on market: 2/4/2025
- Cumulative days on market: 293 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,Owner May Carry,Other,See Remarks
- Tenant pays: Cable TV, Electricity, Internet, Telephone
- Electric utility on property: Yes
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 12/4/2025 | Pending sale | $649,000$100/sqft |
Source:  Central Texas MLS #569039 Report a problem | ||
| 12/1/2025 | Sold | -- |
Source: Central Texas MLS #569039 Report a problem | ||
| 10/21/2025 | Contingent | $649,000$100/sqft |
Source: Central Texas MLS #569039 Report a problem | ||
| 9/18/2025 | Price change | $649,000-13.4%$100/sqft |
Source: Central Texas MLS #569039 Report a problem | ||
| 9/4/2025 | Listed for sale | $749,000$115/sqft |
Source: Central Texas MLS #569039 Report a problem | ||
| 8/7/2025 | Contingent | $749,000$115/sqft |
Source: Central Texas MLS #569039 Report a problem | ||
| 4/14/2025 | Listed for sale | $749,000$115/sqft |
Source: Central Texas MLS #569039 Report a problem | ||
| 3/23/2025 | Contingent | $749,000$115/sqft |
Source: Central Texas MLS #569039 Report a problem | ||
| 2/5/2025 | Listed for sale | $749,000$115/sqft |
Source: Central Texas MLS #569039 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 77901
Nearby homes
- $--2 bd2 ba811 sqft303 Palmwood Dr #H, Victoria, TX 77901Off Market
- $--2 bd2 ba811 sqft303 Palmwood Dr APT F, Victoria, TX 77901Off Market
- $--2 bd2 ba811 sqft303 Palmwood Dr #B, Victoria, TX 77901Off Market
- $--2 bd2 ba811 sqft303 Palmwood Dr #E, Victoria, TX 77901Off Market
- $--2 bd2 ba811 sqft303 Palmwood Dr #D & H, Victoria, TX 77901Off Market
- $275,1006 bd3 ba2.4k sqft305 Palmwood Dr, Victoria, TX 77901Off Market
- $--3 bd2 ba1.2k sqft305 Palmwood Dr #A, Victoria, TX 77901Off Market
- $--3 bd2 ba1.2k sqft305 Palmwood Dr #B, Victoria, TX 77901Off Market
Nearby schools
GreatSchools rating
- 3/10STEM Middle SchoolGrades: 6Distance: 0.6 mi
- 4/10Victoria East High SchoolGrades: 9-12Distance: 1.8 mi
- 6/10Smith STEM AcademyGrades: PK-1Distance: 0.7 mi
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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- Texas
- Victoria County
- Victoria
- 77901
- 303 Palmwood Dr
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