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Harrison Lilly

| Harrison Lilly Realty Dallas | Harrison Lilly Realty | PLACE

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117 Victoria St , Abilene, TX 79603
$350,000
Est. Payment: $1,801.95/mo
7 Bed
4 Bath
1408 Sqft
Status: active | Days on site: 47
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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House Description

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 neighboring 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.

Highlights

Listed by Josh Rader , McCullar Properties Group LLC , North Texas Real Estate Information Systems

Property Type

Multi-Family

Lot/Acreage
0.3

Year Built

1944

County

Taylor

Neighborhood

Ot Abilene

School District

Abilene ISD

Listing ID

21325505

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:7
  • Bathrooms:4
  • Full Bathrooms:3
  • 1/2 Bathrooms:2
Appliances:Electric Oven, Microwave, Refrigerator
Air Cond:Wall Unit(s),Wall/Window Unit(s)
Fireplaces:
Floor:Carpet,Combination,Hardwood,Laminate
Other:
  • Additional:Cable TV Available, High Speed Internet Available, Vaulted Ceiling(s)

Exterior Features

Lot:Less Than .5 Acre (not Zero)
Garage Capacity:4
Roof:Shingle
Others:
  • Additional:Preowned
Parking Features:Asphalt,Driveway,Garage
Principal Interest
$1,802
Taxes
$259

Home Price

$350,000

Loan Details

30 yrs
6.674%

Down Payment

20%
$70,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,801.95

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,801.95 $258.50 $0.00 $2,060.45
Yearly $21,623.42 $3,102.00 $0.00 $24,725.42
Total $648,702.72 $93,060.00 $0.00 $741,762.72

Today's Rates

30 Year

6.67%

20 Year

6.37%

15 Year

5.93%

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Market insight data is pulled from the same city as the listing being viewed (Abilene, TX).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by North Texas Real Estate Information Systems Multiple Listing Service, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-08-24T21:21:41.390Z

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