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Street View
Days19Days on Market
Views1view

$319,900

1503 E Virginia Ave, Victoria, TX, 77901

On MarketInfo
Beds3 Beds
Baths4 Bath
Baths3,530 Sq Ft
QuadruplexQuadruplex
price_per_sqft$90.62 / sqft
Year BuiltBuilt in 1952

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Range, Electric Water Heater, Multiple Water Heaters, Vented Exhaust Fan, Range
FlooringHardwood, Laminate, Tile

Exterior

Exterior FeaturesRain Gutters
Lot Size8,969 sqft

Building Information

Year Built1960
Stories2
Roof Type105
Garage Spaces4

Land Information

APN43900-003-00800
Lot Number8
SubdivisionMorningside
Land UseResidential
Legal DescriptionMORNINGSIDE LOT 8 BLOCK 3
Census Tract000602
Assessed Land Value$19,200
Assessed Improvement Value$231,901
Assessment Year2025

About this property

Turnkey multi-family investment property at 1503 E. Virginia in Victoria, TX! This fourplex features four 1 bedroom, 1 bath units and is 75% occupied to provide immediate rental income. Current rent rates also provide room for potential increases, allowing investors to further grow and maximize the property's long term potential. The units offer spacious living areas, functional kitchens, ample natural light, and a mix of hardwood and durable flooring throughout. Some units also feature updated kitchens and bathrooms, along with in-unit washer and dryer connections. Outside, the property offers covered parking in the rear along with additional off-street parking for residents. Conveniently located near shopping, dining, schools, and major thoroughfares, this property is a solid addition to an investment portfolio with existing income and additional value add potential.

Investor Tools

$0Estimated Mortgage Balance
$305,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,919 /month
Positive
Cash Flow Estimate:
$640 /month

Interested in this property?

Brandi Jackson

Cornerstone Properties

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$530/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,833
$251,101
2025
$19,200
$231,901
$251,101
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,833
$251,101

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$305,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,503/mo
N/A
+$1,503/mo
5.9%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Victoria

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1503 E Virginia Ave | Property Details | No Agent List