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$149,900
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Property Description
Located in the downtown Victoria area, 305 E River is an excellent investment opportunity for buyers looking to expand their rental portfolio. This multifamily property features three income-producing apartments, offering immediate rental potential in a convenient central location. The property includes two 1-bedroom, 1-bath units and one 2-bedroom, 1-bath unit, providing a desirable mix of living spaces for tenants. Ample parking is available for both residents and guests, adding to the property's appeal and convenience. All three apartments are currently rented, and any purchase will be subject to the existing leases, making this a turnkey investment opportunity with established occupancy. With its downtown location and steady rental income potential, 305 E River would make a valuable addition to any investor's portfolio.
Full Property Details
Full Property Details for 305 E River St
General
- Price: $149,900
- Status: Active
- Type: Multi-Family
- Source: Central_Texas_MLS
- MLS ID: 614708
- Updated: 7/10/2026
- Added to Site: 52 day(s) ago
Interior
- Interior Features: Ceiling Fan(s)
- Fireplace(s): None
- Appliances: Electric Range, Refrigerator, Range
- Flooring: Vinyl
Rooms
Other Rooms
- Laundry: Inside
Location
- County: Victoria
- Subdivision: Victoria Resub
- Driving Directions: Take Houston Highway towards downtown, then turn left on Main Street. Drive through downtown until you get to E River Rd. Turn left on E River Rd, and you will find property on the right. Sign is in the yard.
School Information
- Elem School District: Victoria ISD
- Midd School District: Victoria ISD
- High School District: Victoria ISD
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Electric, Window Unit
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Available, Separate Meters
Structural Information
- Architectural Style: Traditional
- Construction: Frame, Lap Siding
- Roof: Composition, Shingle
- Stories/Levels: 2
- Square Feet: 2,630
- Sq. Ft. Source: Appraiser
- Living Area: 2,630 Sq. Ft.
- Year Built: 1975
- Year Built Source: Assessor
- Property Condition: Resale
Lot Features
- Lot Size (Acres): 0.1596
- Fencing (Description): None
Financial Considerations
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: VICTORIA RESUB LOT 4A BLOCK 153
- Property ID: 134209
- Block: 153
- Lot Number: 4A
Listed by Golden Crescent Realty LLC
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Schools
Schools serving 305 E River St
School District:Victoria Independent School District
| Name | Grades | Distance |
|---|---|---|
Hopkins El 110 Hopkins Street, Victoria, TX 77901 | PK-5 | 0.7 mi |
Patti Welder Middle School 1604 East North Street, Victoria, TX 77901 | 6-8 | 1.2 mi |
Victoria West High School 307 West Tropical Drive, Victoria, TX 77904 | 9-12 | 4.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 305 E River St
Date
Details
Price
Change
Source
5/23/2026
Listed
$149,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 305 E River St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,414
-28%
$158,000
-8%
2023
$1,959
—
$171,230
1%
2023
$1,959
2%
$169,580
98%
2022
$1,918
96%
$85,690
72%
2021
$981
-3%
$49,750
21%
2020
$1,012
9%
$41,190
-19%
2019
$930
6%
$51,010
21%
2017
$879
—
$42,000
-2%
2017
$879
50%
$42,760
82%
2016
$585
—
$23,480
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 305 E River St
305 E River Street, Victoria, TX 77901 (MLS# 614708) is a Multi-Family property with 0 units containing 0 bedrooms and 0 full bathrooms. 305 E River Street is currently listed for $149,900 and was received on May 23, 2026. Want to learn more about 305 E River Street? Do you have questions about finding other Multi-Family real estate for sale in Victoria? You can browse all Victoria real estate or contact a Coldwell Banker agent to request more information.

