




$185,000
1902 E Red River St, Victoria, TX, 77901
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About this property
Take a look at this investment opportunity near the University & Hospital! This versatile property offers an outstanding opportunity for investors or owner-occupants looking to generate rental income. The main residence features 3 bedrooms, 1.5 bathrooms, beautiful hardwood floors, and a functional layout with plenty of potential. Adding even more value is a separate guest house featuring 2 bedrooms, 1 bathroom, a full kitchen, and its own private backyard. The guest house is currently rented, providing immediate rental income and making this property an attractive addition to an investment portfolio. Conveniently located near the university, hospital, shopping, dining, and other amenities, this property offers strong rental appeal and accessibility for students, medical professionals, families, or other tenants. With two separate living spaces and an existing tenant, this is a great opportunity to maximize rental income while owning a property in a highly desirable location. Live in the main home while collecting rent from the guest house, or utilize both units as income-producing rentals. Properties with this combination of location, flexibility, and rental potential are hard to find—schedule your showing today!
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Learn About the Market: Opportunity in Texas




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.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Victoria
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