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Downtown Tyler Home for Sale

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    $730,000

    • 10 Beds
    • 10 Baths
    • 10,000 Sq Ft

    400 E Ferguson St, Tyler, TX 75702

    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

    Steven Cardenas Smith & Crisp Realty Group, LLC

    400 E Ferguson St, Tyler, TX 75702

Why Live in Downtown Tyler

Downtown Tyler has undergone significant revitalization since the 1980s, thanks to the efforts of the Heart of Tyler group. This neighborhood now boasts a vibrant community atmosphere with new businesses, restaurants, and bars that are particularly lively on nights and weekends. Housing options include new townhouses and apartment complexes, as well as small fixer-upper bungalows and larger multi-family residences. The area is known for its vintage brick-paved streets and wide sidewalks. Residents enjoy a variety of local dining options, such as Rick's on the Square, The Foundry Coffee House and ETX Brewing Company. While shopping is limited within the neighborhood, essentials can be found a few miles away on Broadway Avenue. Fun Forest Park has recreational facilities including tennis and basketball courts, soccer and baseball fields, a playground and a pool. Another popular spot is the nearby Caldwell Zoo, home to over 2,000 animals. The Tyler Public Library runs programming for children and teens. Community events like the Red Dirt BBQ and Music Festival and the Texas Rose Festival draw large crowds. High school football games between Tyler High and Tyler Legacy High are community highlights. Downtown Tyler is served by the Tyler Independent School District, with Moore Middle School being a highly rated option. For healthcare, residents have access to UT Health Tyler Hospital and Mary Frances Hospital in nearby Midtown Tyler. Public transportation is available via Tyler Transit bus stops, and Dallas is approximately 100 miles away via Interstate 20.

Frequently Asked Questions

Is Downtown Tyler a good place to live?
Downtown Tyler is a good place to live. Downtown Tyler is considered somewhat walkable and somewhat bikeable. Downtown Tyler has 2 parks for recreational activities. It has a median age of 37. The average household income is $46,954 which is below the national average. College graduates make up 7.9% of residents. A majority of residents in Downtown Tyler are renters, with 79% of residents renting and 21% of residents owning their home. A local real estate agent serving Downtown Tyler can help you decide if this neighborhood is the right one for you. Learn more on our Downtown Tyler neighborhood guide.
Is Downtown Tyler, TX a safe neighborhood?
Downtown Tyler, TX is less safe than the average neighborhood in the United States. It received a crime score of 8 out of 10.
How much do you need to make to afford a house in Downtown Tyler?
The median home price in Downtown Tyler is $340,000. If you put a 20% down payment of $68,000 and had a 30-year fixed mortgage with an interest rate of 6.52%, your estimated principal and interest payment would be $1,720 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $74K a year to afford the median home price in Downtown Tyler. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Downtown Tyler is $47K.
What are the best public schools in Downtown Tyler?
The best public schools that serve Downtown Tyler are:
What are the best private schools in Downtown Tyler?
The best private schools that serve Downtown Tyler are:
What are the most popular zip codes in Downtown Tyler, Tyler, TX?
The most popular zip codes in Downtown Tyler, Tyler, TX include 75702, 75701, 75704, 75708 and 75705.
What are the most popular neighborhoods near Downtown Tyler, Tyler, TX?
The most popular neighborhoods near Downtown Tyler, Tyler, TX are Brick Streets District, Charnwood District, Connally Heights, Azalea District and Midtown Tyler.
Are home prices dropping in Downtown Tyler?
Yes, home prices in Downtown Tyler are down 4% in the last 12 months.

Downtown Tyler Home Prices vs. Nearby Tyler, TX Neighborhoods

Downtown Tyler Brick Streets District The Highlands Stoneleigh
Median Home Price
$340,000
$315,000
$299,450
$399,900
Median Sale Price
$322,500
-10% YoY
$250,000
-20% YoY
$272,950
-3% YoY
$391,500
-4% YoY
Median Single Family Price
$366,400
$315,000
$299,450
$396,000
Median Townhouse Price
$322,500
$565,000
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$287,000
Total Active Listings
0
11
6
1
Market Conditions
0 Months
Seller's Market
18 Months
Buyer's Market
5 Months
Balanced Market
1 Months
Seller's Market
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