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Income Property Near Hospital, College
For Sale
$235,000

109 Palmwood Drive, Victoria, TX 77901

MULTI_FAMILY - Other - Victoria, TX

Property Size2,190 SF
Lot Size0.17 Acres
Price / SF$107.31
Days on Market112

Property Features for 109 Palmwood Drive

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 6
Full bathrooms 4
Rooms Bathroom 2, Bedroom 2, Bathroom 3, Bedroom 5, Bathroom 1, Bedroom 3, Bedroom 4, Bedroom 1, Bathroom 4, Bedroom 6
Interior features CeilingFans, TubShower, Vanity, WalkInClosets, EatInKitchen, KitchenFamilyRoomCombo
Appliances Dryer, Dishwasher, ElectricRange, ElectricWaterHeater, Disposal, Refrigerator, Washer, SomeElectricAppliances, Range
Subdivision Tanglewood Sec VI Resubd 3
Lot features City Lot, Less Than Quarter Acre
Elementary school district Victoria ISD
Middle school district Victoria ISD
High school district Victoria ISD
Directions Take Sam Houston Drive from Navarro continue through Airline and then take a left on Palmwood Drive and the Dulex will be on the left (Blue).
Standard status Active
APN 20397119
Size 2,190 SF
Lot size 0.17 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description TANGLEWOOD SEC VI RESUBD NO 3, BLOCK 4, LOT 2R
Tax Annual Amount 4779
Legal Description TANGLEWOOD SEC VI RESUBD NO 3, BLOCK 4, LOT 2R

Utilities

Sewer type Public Sewer
Heating system Electric (Heating), Central
Cooling system Central Air, Electric
Water source Public

Building Details

Year built 2014
Floors in Building 1
Number of units 2
Flooring type Vinyl, Carpet
Building materials Frame, HardiplankType
Roof type Composition, Shingle
Architectural style Other
Listing Agency: RE/MAX Land & Homes · RE/MAX International
Listed By: Ernest Guajardo Jr · License #0342611
Added: Apr 13 Changed: Jul 30 Last Checked: Aug 2 at 1:06AM
MLS# 610106

Copyright © 2026 Central Texas Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This income-producing property is located close to the hospital and college campuses in Victoria, Texas. The property is a duplex, with each unit featuring 3 bedrooms and 2 baths. Both units are currently leased. Each unit is furnished with stackable washer/dryers, refrigerators, stoves, and dishwashers. Concrete parking is available for tenants. The property is situated on a lot measuring 0.1685 acres and the building size is 2190 square feet.

Key Highlights

  • Duplex with two units, each 3 bedrooms and 2 baths, both currently leased
  • Each unit furnished with stackable washer/dryers, refrigerators, stoves, and dishwashers
  • Built in 2014 with composition shingle roof and frame with Hardiplank type exterior

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Dental Office Law Firm Real Estate Agency HVAC Service Parking Lot & Garage (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
100%
Occupancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

670
Businesses Nearby

Demographics for 77901, TX

40,062
Population
17,438
Households
2.3
Avg Household Size
35
Median Age
15%
College-Educated
76%
High-School Grad
18.1 sq mi
ZIP Area
2,213
Density / Sq Mi
$57,728
Median Household Income
$33,127
Median Earnings
$1,105
Median Rent
$133,900
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Income-producing duplex near hospital and college campuses in Victoria, TX.
Where is this duplex located?
The property is located at 109 Palmwood Drive Victoria, TX.
What is the asking price?
The asking price for this property is $235,000.
What are key features of this property?
This property features: Duplex with two units, each 3 bedrooms and 2 baths, both currently leased; Each unit furnished with stackable washer/dryers, refrigerators, stoves, and dishwashers; Built in 2014 with composition shingle roof and frame with Hardiplank type exterior
More about this property
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