$450,000

Estimated payment $2,564/month

Total Views 1,666
8 Beds
7 Baths
5,240 Sq Ft
$86 Price per Sq Ft

Highlights

  • 0.57 Acre Lot
  • 1-Story Property
  • 1-minute walk to PT Cole Park
  • Cooling System Mounted In Outer Wall Opening
  • Central Heating and Cooling System

About This Home

Don't miss this investment opportunity! This multi-family property includes three duplexes and one single-family home with brand new roofs! The single-family home offers two bedrooms and one bathroom, while each duplex unit features one bedroom, one bathroom, and convenient washer and dryer hookups—ideal for tenants seeking low-maintenance living close to South Tyler and downtown. All units are separately metered. Tenants are responsible for utilities. Owner covers taxes, insurance and lawn maintenance. Situated just across from PT Cole Park, this location offers both charm and rental appeal.

Listing Agent

Kayla Riggs

Keller Williams Realty Tyler Brokerage Phone: 903-262-4248 License #0718668 Listed on: 06/30/2025

Keller Williams Realty Tyler

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,392

Year Built

  • Built in 1949

Lot Details

  • 0.57 Acre Lot

Home Design

  • Pillar, Post or Pier Foundation
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Electric Range

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 7 Full Bathrooms

Parking

  • 7 Carport Spaces
  • On-Street Parking
  • Off-Street Parking

Schools

  • Peete Elementary School
  • Tyler Legacy High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Central Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 150000066201008000

Community Details

Overview

  • 4 Buildings
  • 7 Units
  • 5,240 Sq Ft Building
  • Allen Subdivision

Building Details

  • Gross Income $75,600
  • Net Operating Income $60,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,392

Year Built

Built in 1949

Lot Details

0

Listing Details

  • OWNERNAME: Taylor Siemens
  • Property Type: Residential Income
  • Unit Levels: One
  • Year Built Details: Preowned
  • Attribution Contact: 903-262-4248
  • CapRate: 13.53
  • Co List Office Mls Id: MDPP01
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Year Built: 1949

Interior Features

  • Interior Amenities: Other
  • Flooring: Combination
  • Appliances: Electric Range
  • Basement YN: No

Beds/Baths

  • Full Bathrooms: 7
  • Total Bedrooms: 8

Exterior Features

  • Foundation: Pillar/Post/Pier
  • Roof: Composition
  • Pool Features: None

Garage/Parking

  • Cooling System: Central Air, Electric, Wall Unit(s)
  • Carport Spaces: 7.0
  • Total Covered Spaces: 7.0
  • Parking Features: Covered, Off Street, On Street

Utilities

  • Sewer: Public Sewer
  • Heating: Central, Natural Gas
  • Utilities: Electricity Connected, Natural Gas Available, Sewer Available, Separate Meters, Water Available
  • Heating Yn: Yes

Schools

  • Elementary School: Peete
  • High School: Tyler Legacy
  • Junior High Dist: Tyler ISD

Lot Info

  • Lot Size Units: Acres
  • Lot Size Area: 0.566
  • Parcel Number: 150000066201008000
  • Lot Size Acres: 0.566
  • Lot Size Sq Ft: 24654.96

Building Info

  • Year Built: 1949
  • Units Total: 7

Multi Family

  • Insurance Expense: 700.0
  • Annual Gross Income: 75600.0
  • Property Net Operating Income: 60900.0

MLS Schools

  • MiddleOrJuniorSchool: Three Lakes

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

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
2024 $1,392 $79,841 $15,725 $98,674
2023 $1,160 $66,534 $15,725 $50,809
2022 $1,009 $51,483 $15,130 $36,353
2021 $706 $33,653 $15,130 $18,523
2020 $714 $33,364 $15,130 $18,234
2019 $569 $26,012 $8,500 $17,512
2018 $566 $26,012 $8,500 $17,512
2017 $555 $26,012 $8,500 $17,512
2016 $579 $27,123 $8,500 $18,623
2015 $558 $26,767 $8,500 $18,267
2014 $558 $26,248 $8,500 $17,748
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2025 08/28/25 For Sale $450,000 0.0% $86 / Sq Ft
08/06/2025 08/06/25 Pending -- -- --
06/30/2025 06/30/25 For Sale $450,000 -- $86 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

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Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20983895

North Texas Real Estate Information Systems (NTREIS)

APN: 1-50000-0662-01-009000