About 506 Krause Street
!INVESTOR SPECIAL – MULTIPLE INCOME OPPORTUNITIES! Property features a 1,055 sq. ft. single-family residence plus a two-story rear duplex totaling approximately 690 sq. ft., per Victoria CAD. The duplex consists of two separate living spaces—one upstairs and one downstairs—each featuring a studio-style, open-concept layout with flexibility to create defined living and sleeping areas. WATER & ELECTRICITY ARE SHARED. This versatile property offers excellent potential for an investor looking to expand their rental portfolio with multiple living spaces on one property. Great rental-income potential and investment opportunity! Schedule your showing today and see all this property has to offer.!!
Features of 506 Krause Street
| MLS® # | 624052 |
|---|---|
| Price | $130,000 |
| Bedrooms | 2 |
| Bathrooms | 1.00 |
| Full Baths | 1 |
| Acres | 0.13 |
| Year Built | 1941 |
| Type | Single-Family |
| Sub-Type | Single Family Residence |
| Style | Traditional |
| Status | Active Under Contract |
Community Information
| Address | 506 Krause Street |
|---|---|
| Subdivision | Akers |
| City | Victoria |
| County | Victoria |
| State | TX |
| Zip Code | 77901 |
Amenities
| Utilities | Electricity Available, Trash Collection Public |
|---|---|
| Features | None |
| Parking | Converted Garage, Unpaved |
| View | None |
| Is Waterfront | No |
| Pool | None |
Interior
| Interior | Combination |
|---|---|
| Interior Features | All Bedrooms Down, Ceiling Fan(s), Dining Area, Separate/Formal Dining Room, Storage, Tub Shower, Window Treatments, Kitchen/Dining Combo |
| Appliances | Gas Cooktop, Oven, Refrigerator, Water Heater, Some Gas Appliances |
| Heating | Central, Multiple Heating Units, Window Unit |
| Fireplace | No |
| Fireplaces | None |
| # of Stories | 1 |
| Stories | One |
Exterior
| Exterior Features | Outdoor Shower, Porch, Private Yard |
|---|---|
| Windows | Window Treatments |
| Roof | Composition, Shingle |
| Construction | Vinyl Siding, Wood Siding |
| Foundation | Slab |
School Information
| District | Victoria ISD |
|---|
Additional Information
| Date Listed | August 28th, 2026 |
|---|---|
| Days on Market | 42 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | C R REALTY |
|---|