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!
Active under contract
$749,000
303 Palmwood Dr, Victoria, TX 77901
8beds
12baths
6,488sqft
Est.:
Multi Family, Apartment
Built in 1979
-- sqft lot
$-- Zestimate®
$115/sqft
$-- HOA
What's special
Roof replacement
- 208 days
- on Zillow |
- 108 |
- 4 |
Zillow last checked: 7 hours ago
Listing updated: August 07, 2025 at 02:19pm
Listed by:
Wade Goodwin (512)420-6565,
NB Regal Real Estate, LLC
Source: Central Texas MLS,MLS#: 569039
Originating MLS: Four Rivers Association of REALTORS

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 12
Heating
- Central, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Other, See Remarks
- Laundry: In Unit
Features
- Ceiling Fan(s), Other, See Remarks
- Attic: None
- Has fireplace: No
- Fireplace features: None
Interior area
- Total interior livable area: 6,488 sqft
Video & virtual tour
Property
Accessibility
- Accessibility features: Other, See Remarks
Features
- Levels: Two
- Stories: 2
- Pool features: None
- Fencing: Partial
- Has view: Yes
- View description: None
- Body of water: None
Lot
- Size: 0.33 Acres
Details
- Parcel number: 61782
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Apartment
- Attached to another structure: Yes
Materials
- Frame, Wood Siding
- Foundation: Slab
- Roof: Composition,Shingle
Condition
- Resale
- Year built: 1979
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Other, See Remarks, Trash Collection Public
Community & HOA
Community
- Subdivision: Tanglewood VI
HOA
- Has HOA: No
Location
- Region: Victoria
Financial & listing details
- Price per square foot: $115/sqft
- Date on market: 2/4/2025
- Cumulative days on market: 209 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,Owner May Carry,Other,See Remarks
- Tenant pays: Cable TV, Electricity, Internet, Telephone
- Electric utility on property: Yes
- Road surface type: Paved
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