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Owentown Home for Sale

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    $195,000

    • 3 Beds
    • 2 Baths
    • 864 Sq Ft

    12483 U S 271, Tyler, TX 75708

    LOCATION LOCATION! This versatile property offers easy access to I-20 and sits in a rapidly growing area. Whether you're looking to develop a rental property, launch a commercial venture, or make a strategic investment, this location is full of potential. With high visibility and strong traffic flow, it's an ideal opportunity for investors.

    Daisy Betancourt Standard Real Estate

    12483 U S 271, Tyler, TX 75708

Why Live in Owentown

Owentown in Tyler, TX, is a neighborhood characterized by its spacious, grassy lawns and predominantly ranch-style homes. These homes typically feature three bedrooms, brick facades, low-pitched roofs, and either garages or carports, ensuring clear streets. The houses are set far back on their lots, resulting in larger front yards, though there is still ample space for pools and patios. Tall trees are common, providing privacy for residents. The area has a lower crime risk compared to the national average. For daily needs, residents often drive to downtown Tyler, which hosts multiple grocery chains, big box stores, and a variety of restaurants, including the popular Rick's on the Square. Tyler also offers several parks with amenities like basketball and tennis courts, and playgrounds. For more rustic outdoor activities, Tyler State Park is about 10 miles away, featuring a 64-acre lake for boating, swimming, and fishing. UT Health is the nearest hospital, with additional medical facilities available in Midtown Tyler. The neighborhood is bordered by Route 155 and Highway 271, providing access to downtown Tyler and Winona, which is about 5 miles away. Interstate 20 connects residents to Dallas, approximately 100 miles away, and Tyler Pounds Regional Airport, 16 miles from Owentown, offers daily flights to Dallas-Fort Worth International Airport.

Frequently Asked Questions

Is Owentown a good place to live?
Owentown is a good place to live. Owentown is considered very car-dependent and somewhat bikeable. Owentown is a neighborhood with a crime score of 2, making it safer than the average neighborhood in the U.S. Owentown has 27 parks for recreational activities. It has a median age of 39. The average household income is $85,375 which is below the national average. College graduates make up 16.5% of residents. A majority of residents in Owentown are home owners, with 28% of residents renting and 72% of residents owning their home. A local real estate agent serving Owentown can help you decide if this neighborhood is the right one for you. Learn more on our Owentown neighborhood guide.
Is Owentown, TX a safe neighborhood?
Owentown, TX is safer than the average neighborhood in the United States. It received a crime score of 2 out of 10.
How much do you need to make to afford a house in Owentown?
The median home price in Owentown is $192,450. If you put a 20% down payment of $38,500 and had a 30-year fixed mortgage with an interest rate of 6.48%, your estimated principal and interest payment would be $970 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $42K a year to afford the median home price in Owentown. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Owentown is $85K.
What are the best public schools in Owentown?
The best public schools that serve Owentown are:
What are the best private schools in Owentown?
The best private schools that serve Owentown are:
What are the most popular zip codes in Owentown, Tyler, TX?
The most popular zip codes in Owentown, Tyler, TX include 75708, 75683, 75792, 75706 and 75705.
What are the most popular neighborhoods near Owentown, Tyler, TX?
The most popular neighborhoods near Owentown, Tyler, TX are Midtown Tyler, Charnwood District, Azalea District, Brick Streets District and The Woods.
Are home prices dropping in Owentown?
Yes, home prices in Owentown are down 24% in the last 12 months.

Owentown Home Prices vs. Nearby Tyler, TX Neighborhoods

Owentown Daingerfield Gilmer Gladewater
Median Home Price
$192,450
$206,500
$240,000
$222,750
Median Sale Price
$190,000
-24% YoY
$191,375
+23% YoY
$209,500
-16% YoY
$199,950
-7% YoY
Median Single Family Price
$192,500
$192,400
$226,495
$215,000
Total Active Listings
1
21
60
71
Market Conditions
2 Months
Seller's Market
4 Months
Seller's Market
4 Months
Balanced Market
5 Months
Balanced Market
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