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$229,900

Beds
Unknown
sq ft
1,610

2899 FM 1685, Victoria, TX 77905

2899 FM 1685

Victoria, TX 77905

  • 357 days on market
    • Price drop $4,000↓
Looking to make some extra income? This is your perfect opportunity to own 2 separate homes on one property, both occupied. Building A has 2 bedrooms and 1 bath. Open concept, tons of cabinetry and plenty of space. Building B-upstairs has 1 bedroom, 1 bath, nice size bathroom, Vinyl flooring and good size kitchen. Beneath building B is an unfinished space that could be finished out for more income or rented for storage. Fenced in common area with a building that can accommodate a washer/dryer and storage. This property also offers 2 storage buildings, appx 40x15 and 10x15.

Details

Property type

Apartment

Est. home value

$234,006

Lot size

1.00 acres

Price per sq ft

$143

Year built

1935

Annual property taxes

$1,857

HOA

No

Price History

03/23/2025
CentralTexas

CentralTexas #540291

Price change
$229,900
-1.71%
03/05/2025
CentralTexas

CentralTexas #540291

Price change
$233,900
-0.04%
02/03/2025
CentralTexas

CentralTexas #540291

Listed
$234,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

None

High school district: 

Victoria ISD

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Newfirst National Bank

Loan start date

February 2024

Original loan amount

$68,753

Est. remaining balance

Not provided

Interest rate

5.93%

Loan type

Commercial, 15 year

Seller

Gdd Properties Llc

Lender

Newfirst National Bank

Loan start date

February 2024

Original loan amount

$104,000

Est. remaining balance

Not provided

Interest rate

5.93%

Loan type

Commercial, 15 year

Seller

Gdd Properties Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 04/03/2025 at 11:35 AM

Listing updated: 04/01/2025 at 12:00 PM

Listed by: Jamie Powell, RE/MAX Land & Homes Phone #: (361) 573-0444

MLS: CentralTexas #540291

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