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117 Victoria Street

Abilene, TX 79603

$350,000

4 units · 1944

Units4
Building area1,408 sq ft
Year built1944
Gross income$45,600/yr
Parking4 spaces
Lot size0.299 acres
TypeResidential Income

What it costs to own

Taxes$3,102 per year
HOANone listed
Operating expenses$1 per year — as listed
Insurance$1 per year — as listed
Net operating income$1 per year — as listed

Taxes shown reflect the current owner's exemptions and may change after purchase.

About this home

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.

The details

HeatingElectric
CoolingWall Unit(s), Wall/Window Unit(s)
FlooringCarpet, Combination, Hardwood, Laminate
AppliancesElectric Oven, Microwave, Refrigerator
Interior featuresCable TV Available, High Speed Internet Available, Vaulted Ceiling(s)
Bathrooms3 full · 2 half

Construction materialsAluminum Siding, Siding
RoofShingle
FoundationPillar/Post/Pier, Slab

FencingBack Yard, Wood
Water sourceCity Water
SewerCity Sewer
ElectricElectricity Connected
UtilitiesAlley

SubdivisionOt Abilene

ElementaryEugene Purcell
Middle schoolCraig
High schoolAbilene
DistrictAbilene ISD

Gross income$45,600 per year
Operating expenses$1 per year
Insurance$1 per year
Net operating income$1 per year

MLS #21325505
Source
On the market93 days
CountyTaylor

Around this home

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Listing courtesy of McCullar Properties Group LLC — Josh Rader.

Robert LewisStephen LewisRobert & StephenInk Realty Group

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Listing data provided by the North Texas Real Estate Information Systems (NTREIS). MLS #21325505. Information last updated October 9, 2026.

Based on information submitted to the MLS as of the date above. All data is obtained from various sources and may not have been verified by the broker or NTREIS. Supplied data is for the viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing.

Ink Realty Group is brokered by eXp Realty.

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