Active

117 Victoria Street

Abilene, Texas 79603
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Bed 7

Bed

Bath 5

Bath

Acres0.30

Acre(Lot)

multi-tenant investment opportunity with commercial upside, located at the corner of N 1st Street and Victoria Street in Abilene, Texas. Priced at $350,000 and currently generating approximately $3,800 per month in rental income, this three building package offers immediate cash flow with clear value add potential. The first parcel features direct N 1st Street frontage and was formerly operated as a used car dealership, now vacant and ready for a new owner’s vision. The front building offers an ideal footprint for continuing automotive use or repositioning into another commercial or retail concept. At the rear of this structure is an occupied one-bedroom residential unit, providing stable income while you plan your next move for the commercial space. The second parcel, on the neighbo ring lot, contains two additional income producing buildings. One is a rented three bedroom, one bath single family home with a backyard, appealing to long term residential tenants. The other is a converted detached garage that now includes an upstairs one-bedroom apartment and a finished downstairs area currently used by the tenant as a “man cave,” creating a unique live work or lifestyle rental configuration. With a mix of residential units and a flexible commercial building on a visible corner location, this package is ideal for an investor seeking affordable entry into multi tenant ownership, with room to enhance rents, reconfigure the commercial space, or further improve the existing structures.

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Detail Ic Property Details

Property Type : Residential Income

Price : $350,000

AD Id : 87767495

MLS Id : 567246131

Beds : 7

Lot Size : 0.30 Acre

Year Built : 1944

Garage : 2

County : Taylor

Subdivision: Lakeland Terrace

  • Map Map

Map

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Feature Features

  • Bedroom Information

    Total Bedrooms: 7

    Bathroom Information

    Total Baths: 3.5 Full Baths: 3 Half Baths: 2
  • Interior Features

    Cable TV Available,High Speed Internet Available,Vaulted Ceiling(s)

    Appliances

    Electric Oven,Microwave,Refrigerator

    Utilities

    Alley,Asphalt,City Sewer,City Water,Electricity Connected,Sidewalk
  • Cooling Features

    Wall Unit(s),Wall/Window Unit(s)

    Heating Source

    Electric

  • Building Information

    Built Year: 1944 Building Area Total: 1,408 Construction: Aluminum Siding,Siding Roof Type: Shingle
  • Foundation

    Pillar/Post/Pier,Slab

    Security Features

    Carbon Monoxide Detector(s),Fire Alarm,Security Lights
  • Patio And Porch

    Covered

    Fencing

    Back Yard,Wood

    Construction Materials

    Aluminum Siding,Siding

  • Lot Information

    Lot Size (Acr): 0.2990 Lot Size Units: Acres Lot Size Square Feet: 13,024 Lot Size Source: Public Records
  • Property Information

    Property Type: Residential Income Property Sub Type: Multiple Single Units Subdivision: Ot Abilene City: Abilene State: Texas Directions: From sayles blvd, turn east onto north first and take a left(north) onto victoria st. Property Status: Active Exclusions: tenants belongings. Levels: Two Property Age: 82 Year Built Details: Preowned

  • Listing Price Information

    Original List Price: $350,000
  • Listing Information

    Possession: Closing/Funding

  • Tax Information

    Parcel Number: 61406 Tax Block: 206 Tax Legal Description: OT ABILENE BLK 206 CRAFT, BLOCK 2-2, LOT W90 & Ot Tax Lot: W90 Unexempt Taxes: $3,102

  • Parking Information

    Has Garage Garage Space: 2 Carport Spaces: 0 Parking: 4 Parking Features: Asphalt,Driveway,Garage
  • Homeowners Association Information

    HOA Type: None

  • School Information

    Elementary School: Eugene Purcell Middle School: Craig High School: Abilene School District: Abilene ISD
  • Utility Information

    Utilities: Alley,Asphalt,City Sewer,City Water,Electricity Connected,Sidewalk
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Disclosure: Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2026. All rights reserved

ByOwner last updated this listing 07/16/2026 @ 15:14

MLS: 567246131 LISTED BY: Josh Rader, McCullar Properties Group LLC 325-665-9244 SOURCE: NTREIS - North Texas Real Estate Information

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