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16-Unit Apartment Buildings

202 Teakwood Drive, Victoria, TX 77901

For Sale
$2,100,000

CommercialSale, Victoria, TX

Property Size16,739 SF
Lot Size0.30 Acres
Price / SF$125.46
Days on Market93

Property Features for 202 Teakwood Drive

General Information

Property type Commercial Sale
Property subtype Other
Parking features Carport
Interior features BedroomOnMainLevel
Fireplace 1
Subdivision Teakwood Condo
Lot features City Lot, Quarter To Half Acre Lot
Directions From Houston Hwy turn onto Teakwood 202 Teakwood is on the right, 105 Maplewood on the left, take next left on Sherwood to 125 Sherwood and off Sherwood take a right on Rosewood to 708 Rosewood on the left.
Standard status Active
APN 62056
Size 16,739 SF
Lot size 0.30 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description TEAKWOOD CONDOMINIUMS UNITS A,B,C & D
Tax Annual Amount 7847
Legal Description TEAKWOOD CONDOMINIUMS UNITS A,B,C & D

Utilities

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

Amenities

appliances included
fireplaces
covered carport parking

Building Details

Year built 1985
Floors in Building 2
Flooring type Carpet, Laminate
Building materials BrickVeneer, Masonry
Buildings 4
Listing Agency: RE/MAX Land & Homes · RE/MAX International
Listed By: John Lynn Quitta · License TX #0271062
Added: Aug 13 Changed: Nov 12 Last Checked: Nov 13 at 8:06PM
MLS# 622695

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.

Rey
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Investment Insights

Based on property information with market context.

This multifamily offering includes four apartment properties at 202 Teakwood Drive, 105 Maplewood, 708 Rosewood, and 125 Sherwood in Victoria. Together, the buildings contain 16 units, each configured with two bedrooms and two bathrooms. Appliances are included, and every unit has a fireplace. The properties were built in 1985 and feature brick veneer and masonry construction, laminate and carpet flooring, electric central heating and cooling, and bedroom-on-main-level layouts.

The combined property size is 16,739 square feet on 0.3028 acres. Covered carport parking is supplemented by additional on-site spaces. Public water and public sewer serve the properties, which are located in the Tanglewood area near major thoroughfares, grocery stores, and everyday conveniences.

Key Highlights

  • Four properties included: 202 Teakwood, 105 Maplewood, 708 Rosewood, and 125 Sherwood
  • 16 units, each with 2 bedrooms and 2 bathrooms
  • 16,739 square feet situated on 0.3028 acres

Property Analytics

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Lease Details

16
Residential units

Location Intelligence

Trade Area within ½ mile

366
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Four apartment properties offer consistent two-bedroom layouts, fireplaces, appliances, and covered carport parking.
Where is this apartment building located?
The property is located at 202 Teakwood Drive Victoria, TX.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: Four properties included: 202 Teakwood, 105 Maplewood, 708 Rosewood, and 125 Sherwood; 16 units, each with 2 bedrooms and 2 bathrooms; 16,739 square feet situated on 0.3028 acres
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