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Leased Duplex Investment Property
For Sale
Under Contract
$184,999

1802 Lawndale Avenue, Victoria, TX 77901

MULTI_FAMILY - Ranch - Victoria, TX

Property Size1,862 SF
Lot Size0.19 Acres
Price / SF$99.35
Days on Market682

Property Features for 1802 Lawndale Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 8
Full bathrooms 4
Rooms Bedroom 1, Bathroom 4, Bedroom 4, Bedroom 2, Bedroom 3, Bathroom 1, Bathroom 3, Bathroom 2, Bedroom 8, Bedroom 5, Bedroom 7, Bedroom 6
Interior features TubShower
Appliances ElectricRange, GasWaterHeater, Range
Subdivision Victorian Village I
Lot features Less Than Quarter Acre
Elementary school district Victoria ISD
Middle school district Victoria ISD
High school district Victoria ISD
Directions South on Larent turn left on Crestwood thn left on Halsey continue and the property is on the corner of Halsey and Lawndale on the right. Front of building faces Halsey.
Standard status Active Under Contract
APN 64647
Size 1,862 SF
Lot size 0.19 Acres

Taxes and HOA fees

Tax Year 2023
Tax Description VICTORIAN VILLAGE I LOT 1 BLOCK 1
Tax Annual Amount 2938
Legal Description VICTORIAN VILLAGE I LOT 1 BLOCK 1

Utilities

Sewer type Public Sewer
Heating system Central
Cooling system Central Air
Water source Public

Building Details

Year built 1973
Floors in Building 1
Number of units 4
Flooring type Vinyl, Laminate
Building materials BrickVeneer
Roof type Metal
Architectural style Ranch
Listing Agency: RE/MAX Land & Homes · RE/MAX International
Listed By: Ernest Guajardo Jr. · License #0342611
Added: Sep 20, 2024 Changed: Jul 30 Last Checked: Aug 2 at 1:06AM
MLS# 556986

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 ranch-style duplex offers two separate residential units, each configured with two bedrooms and one bathroom. The property is centrally located and designed as a straightforward income setup, with both units currently leased.

The asset sits on a relatively compact lot and totals 1,862 square feet, providing a manageable footprint for an investor looking for an owner-occupied or portfolio-held duplex. With both units already in place and generating rent, the property supports a hands-on or delegated management approach based on the buyer’s preferences.

From a tenant and operator standpoint, the two-bedroom layouts can appeal to a broad range of renters seeking functional, self-contained living spaces. For buyers evaluating residential income property, this duplex presents an opportunity to acquire a centrally located, already-leased two-unit asset with defined unit mix and minimal leasing risk at closing.

Key Highlights

  • Duplex with 2 units, each with 2 bedrooms and 1 bathroom
  • Both units are currently leased
  • Central heating and central air conditioning

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm HVAC Service Bakery (Bike/Boat/Book/etc) Store Catering Service Food Market

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

Location Intelligence

Trade Area within ½ mile

575
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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Centrally located duplex with two 2-bedroom, 1-bath units, each currently leased for immediate income.
Where is this duplex located?
The property is located at 1802 Lawndale Avenue Victoria, TX.
What is the asking price?
The asking price for this property is $184,999.
What are key features of this property?
This property features: Duplex with 2 units, each with 2 bedrooms and 1 bathroom; Both units are currently leased; Central heating and central air conditioning
More about this property
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