!INVESTOR SPECIAL – MULTIPLE INCOME OPPORTUNITIES! Property features a 1,055 sq. ft. single-family residence plus a two-story rear duplex totaling approximately 690 sq. ft., per Victoria CAD. The duplex consists of two separate living spaces—one upstairs and one downstairs—each featuring a studio-style, open-concept layout with flexibility to create defined living and sleeping areas. WATER & ELECTRICITY ARE SHARED. This versatile property offers excellent potential for an investor looking to expand their rental portfolio with multiple living spaces on one property. Great rental-income potential and investment opportunity! Schedule your showing today and see all this property has to offer.!!
Active
Price cut: $8K (9/18)
$130,000
506 Krause St, Victoria, TX 77901
2beds
1,745sqft
Single Family Residence
Built in 1941
5,458 Square Feet Lot
$-- Zestimate®
$74/sqft
$-- HOA
What's special
Two-story rear duplexTwo separate living spacesStudio-style open-concept layout
- 33 days
- 273
- 17
Zillow last checked:
Listing updated:
Listed by:
Chandra Holden 832-549-6878,
C R REALTY
Source: Central Texas MLS,MLS#: 624052
Originating MLS: Victoria Area Association of REALTORS
Originating MLS: Victoria Area Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Central, Multiple Heating Units, Window Unit
Cooling
- Central Air, 1 Unit, Wall/Window Unit(s)
Appliances
- Included: Gas Cooktop, Oven, Refrigerator, Water Heater, Some Gas Appliances
- Laundry: Washer Hookup, Electric Dryer Hookup, Main Level, Laundry Room
Features
- All Bedrooms Down, Ceiling Fan(s), Dining Area, Separate/Formal Dining Room, Storage, Tub Shower, Window Treatments, Kitchen/Dining Combo
- Flooring: Combination
- Windows: Window Treatments
- Attic: Access Only
- Has fireplace: No
- Fireplace features: None
Interior area
- Total interior livable area: 1,745 sqft
Video & virtual tour
Property
Parking
- Parking features: Converted Garage, Unpaved
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Porch, Refrigerator
- Exterior features: Outdoor Shower, Porch, Private Yard
- Pool features: None
- Fencing: Back Yard,Chain Link
- View description: None
- Body of water: None
Lot
- Size: 5,458 Square Feet
Details
- Additional structures: Garage Apartment
- Parcel number: 38628
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Vinyl Siding, Wood Siding
- Foundation: Slab
- Roof: Composition,Shingle
Condition
- Resale
- Year built: 1941
Utilities & green energy
- Water: Public, Other, See Remarks
- Utilities for property: Electricity Available, Trash Collection Public
Community & HOA
Community
- Features: None
- Security: Smoke Detector(s)
- Subdivision: Akers
HOA
- Has HOA: No
Location
- Region: Victoria
Financial & listing details
- Price per square foot: $74/sqft
- Tax assessed value: $137,020
- Annual tax amount: $2,583
- Date on market: 8/28/2026
- Cumulative days on market: 38 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Electric utility on property: Yes
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/18/2026 | Price change | $130,000-5.8%$74/sqft |
Source:  Central Texas MLS #624052 Report a problem | ||
| 9/1/2026 | Listed for sale | $138,000$79/sqft |
Source: Central Texas MLS #624052 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,583 +3.7% | $137,020 +2.7% |
| 2024 | $2,490 +8.8% | $133,400 +10.1% |
| 2023 | $2,289 +9% | $121,150 +29.1% |
| 2022 | $2,101 +11.9% | $93,860 +19.9% |
| 2021 | $1,877 +12% | $78,290 +14.8% |
| 2020 | $1,675 -0.6% | $68,200 -0.5% |
| 2019 | $1,686 -2% | $68,510 |
| 2018 | $1,721 | $68,510 |
| 2017 | $1,721 +3.6% | $68,510 +2.8% |
| 2016 | $1,661 +26.8% | $66,630 |
| 2015 | $1,310 | $66,630 -0.5% |
| 2014 | $1,310 | $66,950 +20.1% |
| 2013 | -- | $55,730 +6.8% |
| 2012 | -- | $52,160 +3.7% |
| 2011 | -- | $50,300 -4.6% |
| 2010 | -- | $52,710 -1.8% |
| 2009 | -- | $53,690 +10% |
| 2008 | -- | $48,800 -1% |
| 2007 | -- | $49,290 +17.9% |
| 2006 | -- | $41,810 +2.5% |
| 2005 | -- | $40,790 +6.4% |
| 2004 | -- | $38,330 +8.8% |
| 2003 | -- | $35,230 |
| 2002 | -- | $35,230 |
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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