NOT LISTED FOR SALE

506 E Wells St Tyler, TX 75701

Charnwood District Neighborhood

Estimated Value: $136,000 - $153,000

2 Beds
1.5 Baths
924 Sq Ft
$160/Sq Ft Est. Value

Sale Details

Date Sold: April 25, 2025

Current estimated payment $1,013 / mo

9 Days on Market

Highlights

  • Additional Residence on Property
  • Traditional Architecture
  • Utility Closet
  • Hubbard Middle School Rated A-
  • Wood Flooring
  • 5-minute walk to Rose Rudman Recreational Trail

About This Home

As of April 2025

Great investment opportunity! Currently tenant occupied, this property could be the perfect addition to your portfolio. Conveniently located near hospitals, restaurants, and schools, this property is perfect for those seeking easy access to essential amenities. This is a fantastic opportunity, schedule your showing today! Being sold AS-IS, no repairs. All information is deemed reliable but not guaranteed. Buyer to satisfy self on rent, sq footage, school district..etc

Last Agent to Sell the Property

Erika Gonzalez

Maya Properties License #0661607 Listed on: 02/21/2025

Last Buyer's Agent

Denice Smith

Keller Williams Realty-Tyler License #0726813

Keller Williams Realty-Tyler

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1946

Lot Details

  • 7,841 Sq Ft Lot
  • Partially Fenced Property
  • Aluminum or Metal Fence

Home Design

  • Traditional Architecture
  • Wood Frame Construction
  • Composition Roof
  • Metal Construction or Metal Frame
  • Pier And Beam

Interior Spaces

  • 924 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Blinds
  • Dining Area
  • Utility Closet
  • Fire and Smoke Detector

Kitchen

  • Electric Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathtub with Shower
  • Shower Only

Parking

  • 1 Car Detached Garage
  • Front Facing Garage

Schools

  • Bell Elementary School
  • Hubbard Middle School
  • Tyler Legacy High School

Utilities

  • Central Air
  • Window Unit Cooling System
  • Heating Available
  • Multiple Water Heaters
  • Gas Water Heater

Additional Features

  • Rain Gutters
  • Additional Residence on Property

Community Details

  • City Of Tyler Subdivision

Home Details

Home Type

Single Family

Year Built

Built in 1946

Lot Details

7,841 Sq Ft Lot

Listing Details

  • OFFICELIST_ADDRESS: 506 Wells St
  • LakeCommunity: No
  • Unit Levels: 1 Story
  • LO1BrokerLicenseNumber: 0559109 - Russell Patterson
  • PrimaryType: Single Family Detached
  • PublicRemarksAmenities: Great investment opportunity! Currently tenant occupied, this property could be the perfect addition to your portfolio. Conveniently located near hospitals, restaurants, and schools, this property is perfect for those seeking easy access to essential amenities. This is a fantastic opportunity, schedule your showing today! Being sold AS-IS, no repairs. All information is deemed reliable but not guaranteed. Buyer to satisfy self on rent, sq footage, school district..etc
  • OFFICELIST_STATE: TX
  • STREETUTILITIES: Paved, Curbs, Public Sidewalk
  • Building Style: Traditional
  • Subdivision Name: City of Tyler
  • YearOfConstruction: 1946
  • HistoricalDistrictYN: No
  • HistoricalHomesDesignationYN: No
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1946

Interior Features

  • Primary Bathroom: Shower Only, Shower and Tub
  • Master Bedroom: All Bedrooms Downstairs
  • Number of Dining Areas: Den/Dining Combo
  • Fireplace: None
  • Flooring: Carpet, Wood
  • Interior Amenities: Ceiling Fan, Blinds, Smoke Alarm
  • Kitchen Equipment: Range/Oven-Electric, Dishwasher
  • Master Bedroom: Utility Closet
  • Source of Sq Ft: SCAD

Exterior Features

  • Exterior Construction: Wood Frame, Metal
  • Fencing: Metal Fence, Partial Fence
  • Exterior: Gutter(s)
  • Foundation: Pier and Beam
  • Out Buildings: Additonal Residence/Rmrks
  • Pool/Spa: None
  • Roof: Composition
  • Waterfront: No
  • Water View: No

Garage/Parking

  • Driveway: Concrete
  • Garage Spaces: 1
  • Garage/Carport Description: Detached, Front Entry

Utilities

  • Cooling: Central Electric, Window Unit(s), Ceiling Fan(s)
  • Heating: Central/Electric
  • Sewer: Public Sewer
  • Hot Water: Public
  • Water Heater: Standard-Gas, 2 or more Units

Fee Information

  • Tax Class: RESIDENTIAL
  • Taxes: $2,757.46

Schools

  • Elementary School: Bell
  • High School: Tyler Legacy
  • Middle School: Hubbard

Lot Info

  • Lot/Land Description: Rectangular
  • Total Acres: 0.18

Tax Info

  • Tax Year: 2024

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2025
Closed on
May 6, 2025
Sold by
Bought by
Seller's Agent
Erika Gonzalez
Maya Properties
Buyer's Agent
Denice Smith
Keller Williams Realty-Tyler
List Price
$142,000
Views
23
Current Estimated Value
$147,977

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.17%
Original Mortgage
$147,283
Outstanding Balance
$146,232
Interest Rate
6.67%
Mortgage Type
FHA
Estimated Equity
$1,745

Purchase Details

Closed on
Sep 19, 2024
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,847,100
Interest Rate
6.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 19, 2013
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Capital Title
-- Landmark Title
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $147,283
Closed $5,891
Previous Owner $1,847,100
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/25/2025 04/25/25 Sold -- -- --
03/02/2025 03/02/25 Pending -- -- --
02/21/2025 02/21/25 For Sale $142,000 -- $154 / Sq Ft
Source: Greater Tyler Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,580 $151,657 $24,533 $127,124
2024 $2,757 $162,086 $33,338 $128,748
2023 $2,398 $137,556 $33,338 $104,218
2022 $2,323 $118,580 $19,050 $99,530
2021 $1,923 $91,660 $19,050 $72,610
2020 $1,860 $86,905 $19,050 $67,855
2019 $1,703 $77,878 $19,050 $58,828
2018 $1,618 $74,406 $19,050 $55,356
2017 $1,618 $75,775 $19,050 $56,725
2016 $1,501 $70,299 $19,050 $51,249
2015 $1,384 $68,083 $19,050 $49,033
2014 $1,384 $65,131 $19,050 $46,081
Source: Public Records

Agents Affiliated with this Home

  • Erika Gonzalez

    Seller's Agent in 2025

    Erika Gonzalez

    Maya Properties

    (903) 571-9313

    3 in this area

    338 Total Sales

    Erika Gonzalez
    Section Image
  • Denice Smith

    Buyer's Agent in 2025

    Denice Smith

    Keller Williams Realty-Tyler

    (903) 721-4077

    1 in this area

    76 Total Sales

    Denice Smith
    Section Image
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Map

Source: Greater Tyler Association of REALTORS®

MLS Number: 25002714

Greater Tyler Association of REALTORS®

APN: 1-50000-0259-00-026000

Texas Smith County Tyler 75701 Charnwood District

506 E Wells St, Tyler, TX

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Greater Tyler Association of REALTORS® IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed to be reliable but not guaranteed.

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