Home For Sale In Tyler, Texas

house for sale

Listed: 03/27/24

State Highway 64 West, Tyler, TX 75704, USA

5 Bed:

3 Bath:

9,936 Sq Ft Living Area:

Save

Price

$ 2,35M

Show 6 more

About This House

Newly renovated/constructed 14-unit multi-family investment opportunity on Hwy 64 just outside of Tyler's West Loop 323. Construction of three remaining structures expected by early Summer 2024 already lined-up with tenants. Fantastic passive income opportunity in Tyler, TX. Close to many commercial retailers, Tyler High School, and Walmart Supercenter. The property includes 1 single family home, 3 duplexes, and 7 luxury cottages for a total of9, 936leasable sqft. 3 cottages still under constructionMay / June 2024 completion (tenants pre-approved for move-in upon completion). Annual Pro Forma Metrics: $182, 923Effective Rental Income (3% Vacancy) | $129, 931 NOI | 5.5% CAP. Currently 100% occupied and ready to cash flow upon construction completion. Reach out to the agent for financial documents and more unit details.

Protect Yourself From Rental Scams

While we strive to provide accurate and timely information, it's essential to remain vigilant and do your due diligence when considering rental properties. Make sure to follow expert tips to reduce the risk of fraud when renting a new apartment.

Houses for sale in Tyler

Original listing

Tyler Housing & Living

Average sale prices for houses

3 bed

4+ bed

Show as List Show as Graph

Month	Median Price
Apr 2024	$325,965 (0%)
Mar 2024	$325,965 (0%)
Feb 2024	$325,965 (0%)
Jan 2024	$325,965 (+0.2%)
Dec 2023	$325,336 (+10%)
Nov 2023	$295,821 (0%)

In April 2024, the asking price for 3 bed houses for sale in/near Tyler, United States averaged $325,965, staying on the same level compared to the previous month.

Median price trends for properties for sale in Tyler, United States as of April 2024.

Household Income

Median household income: $46,463

Number of households: 36,685

The average household income in Tyler, TX grew from $44,507 to $46,463 in the past year. This data is an estimate based upon 36,685 households in Tyler, TX.
The chart below presents how household income is distributed in Tyler, TX in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Tyler, TX compared to median property taxes around the country. The prevalent amount of property taxes in Tyler, TX equals $3k+ , which is less than the national average.