$1,283 Closing Credit¹
#558665, Bobby Bankhead, Listing Office: All Star Properties
$749,000 List price
303 Palmwood Dr Victoria, TX 77901
$8,894
Closing credit¹
6,488 sqft
0.3 acres
$115 / sqft
Condo
Property details
About 303 Palmwood Dr
INVESTMENT OPPORTUNITY!! OWNER FINANCING AVAILABLE!! 7 Cap Rate!! This 8-plex has had some major capital improvements and is cash-flowing on Day 1! All 8 units are 1 bed / 1.5 bath. The two-story building has 4 units downstairs and 4 units upstairs. Some of the more recent improvements include roof replacement (2018), foundation repaired with Lifetime Transferrable Warranty, all upstairs balconies rebuilt, and much more! Call listing broker to discuss it in more detail and to schedule a showing!
Highlights
Home typeCondominium
HeatingCentral, Electric
StatusActive
CoolingCeiling Fan(s), Central Air, Electric
Size6,488 sqft
Lot size0.3332 Acres
Year built1979
MLS #569039
Summary
- MLS Number: 569039
- MLS Name: CentralTexas
- Office Name: NB Regal Real Estate, LLC
- Office Phone: (512) 420-6565
- Listing Agent: Wade Goodwin
Data provided by the Central Texas MLS IDX program. Information deemed reliable but not guaranteed. Some properties which appear for sale may no longer be available due to no longer being offered for sale. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. ©2025 Central Texas MLS, All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
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Last updated on: 3/10/2025, 3:15:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$749,000
303 Palmwood Dr
$8,894
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $611,020 | $11,693 |
| 2022 | $306,520 | $6,946 |
| 2021 | $252,170 | $6,174 |
| 2020 | $248,210 | $6,181 |
| 2019 | $248,210 | $6,181 |
| 2018 | $251,890 | $6,771 |
| 2017 | $252,890 | $6,547 |
History based on county public records data.
Nearby schools
2
Smith Elementary School
Public District PK-5
0.7 mi
•2901 Erwin Ave
3
Crain Elementary School
Public District PK-5
1.3 mi
•2706 N Azalea St
2
Torres Elementary School
Public District PK-5
1.4 mi
•4208 Lone Tree Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $36,875. Typical income of Victoria, TX residents is less than $<35k annually. Most families are single, no kids. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
47%
<35k
41%
35k-100k
9%
100k-200k
3%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
54%
Single, No Kids
20%
Single, with Kids
13%
Married, No Kids
13%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
16%
<11 yrs old
7%
12-17 yrs old
31%
18-34 yrs old
33%
35-64 yrs old
13%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Figure Skating
Major League Soccer (MLS)
Where do the neighbors shop?
Burlington
Family Dollar
Banana Republic
Where do the neighbors go to eat?
Popeyes
Church's Chicken
Sonic
What do the neighbors drive?
Dodge
Cadillac
Infiniti
What do the neighbors listen to?
Urban Contemporary
Jazz
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 303 Palmwood Dr
This home is located at 303 Palmwood Dr in Victoria, TX and zip code 77901. This 6,488 square foot home, which was built in 1979, sits on a 0.33 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since February 5, 2025 and is currently priced at $749,000.
Over 6 listings were sold over their listed price in February 2025 in Victoria, TX. In the same period over 36 listings were sold below the listed price and 10 listings were sold for the listed price. The inventory of homes for sale in Victoria, TX between January and February 2025 increased by 20.8%. While the average time on the market in February 2025 was 92 days, the median list price was $235,000.
From Rocket Homes Real Estate and based on county public records data.