$790,000

Estimated payment $4,841/month

Total Views 8,204
10 Beds
10 Baths
10,000 Sq Ft
$79 Price per Sq Ft

About This Home

Prime redevelopment opportunity with strong cash flow in Downtown Tyler. This 7-building, 10-unit property sits one block from the new Smith County Courthouse and generates $8,600/month in rental income, providing solid returns while you plan a future multifamily or mixed-use project. Surrounded by major public and private investment, this location offers exceptional appreciation potential and rare scale in Tyler’s fastest-improving district.

Listing Agent

Steven Cardenas

Smith & Crisp Realty Group, LLC License #0837571 Listed on: 11/17/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,764

Year Built

  • Built in 1930

Parking

  • Over 1 Space Per Unit

Home Design

  • 10,000 Sq Ft Home
  • Quadruplex
  • Wood Frame Construction
  • Pier And Beam

Schools

  • Bonner Elementary School
  • Moore Middle School
  • Tyler High School

Utilities

  • Central Air
  • Heating Available

Community Details

  • 10 Units
  • City Of Tyler Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,764

Year Built

Built in 1930

Lot Details

0.53 Acres

Listing Details

  • OFFICELIST_ADDRESS: 400 E Ferguson
  • ForecloseBankOwnedYN: No
  • LakeCommunity: No
  • LO1BrokerLicenseNumber: 0494677 - Clint Smith
  • PrimaryType: Fourplex
  • PublicRemarksAmenities: Prime redevelopment opportunity with strong cash flow in Downtown Tyler. This 7-building, 10-unit property sits one block from the new Smith County Courthouse and generates $8,600/month in rental income, providing solid returns while you plan a future multifamily or mixed-use project. Surrounded by major public and private investment, this location offers exceptional appreciation potential and rare scale in Tyler’s fastest-improving district.
  • OFFICELIST_STATE: TX
  • Subdivision Name: City of Tyler
  • YearOfConstruction: 1930
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1930

Interior Features

  • Fireplace: None
  • Source of Sq Ft: seller apx

Exterior Features

  • Exterior Construction: Wood/ Frame
  • Foundation: Pier and Beam
  • Waterfront: No
  • Water View: No

Garage/Parking

  • PARKING24FAMILY: 1 Or More Per Unit

Utilities

  • Cooling: Central Electric, Other/See Remarks
  • Heating: Central Electric, Other/See Remarks

Condo/Co-op/Association

  • Number of Units: 10

Fee Information

  • Tax Class: MULTI-FAMILY
  • Taxes: 8763.92

Schools

  • Elementary School: Bonner
  • High School: Tyler High
  • Middle School: Moore

Lot Info

  • Zoning: Industrial

Rental Info

  • Tenant Pays: All Utilities

Tax Info

  • Tax Year: 2025

Multi Family

  • Owners Expenses: Taxes, Insurance, Maintenance Repairs

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/10/2026 02/10/26 For Sale $790,000 0.0% $79 / Sq Ft
02/02/2026 02/02/26 Off Market -- -- --
01/16/2026 01/16/26 Price Changed $790,000 -2.5% $79 / Sq Ft
11/17/2025 11/17/25 For Sale $810,000 -- $81 / Sq Ft
Source: Greater Tyler Association of REALTORS®

Source: Greater Tyler Association of REALTORS®

MLS Number: 25016772

Greater Tyler Association of REALTORS®
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