Turnkey opportunity to own 27 rent houses. All are rented at this time (except 1 that is a warehouse for Landlord), rental agreements are all in writing with enforceable language, monthly rent income is 17,780.00 ($213,360.00 / yr.). They are in various stages of condition, but all are livable. Great opportunity to keep an income stream while you update 3 or 4 at a time to increase rental income. Many long term tenants in these units with surprisingly little turnover.
| MLS # | 26014507 |
|---|---|
| Listing Type | For Sale |
| Style | Building |
| Sub-Type | Resale |
| Status | Active |
| Year | 1930 |
| Days On Site | 11 |
| Listing Provided By | Ebby Halliday - Tyler | John Owen |
| Units | 27 |
|---|---|
| Building(s) | 27 |
| Acreage | 0.20 |
| Cooling | Window Unit(s), None |
|---|---|
| Heating | Space Heat |
| Lot Features | Inside City Limits |
|---|---|
| Construction Materials | Frame |
| Utilities | Underground Utilities, Separate Electric Meter, Separate Water Meter, Electric On Site, Natural Gas Connected |
|---|---|
| Sewer | Public Sewer |
| Water Source | City Tyler, Public, Water Onsite |
| Power Company | Oncor |
| Gas Company | Centerpoint |
| Tax Annual Amount | 16247.74 |
|---|---|
| Tax Legal Description | See attachment A |
| Tax Year | 2026 |
| Tax Value Exempted Yes / No | No |
| Showing Considerations | Audio and Video Surveillance |
|---|
| State | TX |
|---|---|
| County | Smith |
| City | Tyler |
| Zip Code | 75702 |
| Area | Smith |
| Listing VS Median (in 75702) | |
Price: $750,000 low | high Med: $190,000 On site: 11 low | high Med: 156 | |
| State | TX |
|---|---|
| County | Smith |
| City | Tyler |
| Zip Code | 75702 |
| Area | Smith |
| Listing VS Median (in 75702) | |
Price: $750,000 low | high Med: $190,000 On site: 11 low | high Med: 156 | |