Description
Excellent investment opportunity with rental income growth potential in a desirable Tyler location! This well-appointed duplex offers 3,210 total square feet, featuring two spacious 1,605-square-foot residences, each with 3 bedrooms, 2 bathrooms, a downstairs primary suite, fireplace, attached garage with direct interior access, and private fenced backyard. Located approximately 4 miles from the University of Texas at Tyler, this property combines an attractive residential setting with convenient access to shopping, dining, medical facilities, and major employment centers. One unit is currently leased at $1,450 per month, providing immediate rental income, while the second unit is vacant and currently offered for lease at $1,550 per month. With spacious floor plans, desirable amenities, and rental rates that may offer room for future growth, this property presents an opportunity for investors to evaluate increased income potential as leases turn over and market conditions allow. The vacant unit also offers flexibility for an owner-occupant interested in house hacking, living in one residence while collecting rental income from the other. Both units feature functional layouts with comfortable living spaces and sought-after amenities. One residence offers newer luxury vinyl plank flooring, while the other features tile flooring. Individual garages, private fenced backyards, and separate utilities enhance the property's appeal, while the absence of an HOA provides additional ownership flexibility. Whether you're expanding an existing rental portfolio, seeking a multifamily investment with value-add potential through rental optimization, or exploring owner-occupied investment opportunities, this East Tyler duplex offers an appealing combination of location, existing income, and future potential. Don't miss the opportunity to add this versatile income-producing property to your portfolio!
Details
| MLS # | 21420064 |
|---|---|
| Listing Type | For Sale |
| Style | Duplex |
| Sub-Type | Resale |
| Status | Active |
| Year | 2009 |
| Days On Site | 14 |
| Listing Provided By | Keller Williams Realty-Tyler | Markie Severtson |
Features
| Bed(s) | 6 |
|---|---|
| Bath(s) | 4 Total |
| Garage | 1 |
| Story(s) | 2 |
| Units | 2 |
| Building(s) | 1 |
| Acreage | 0.26 |
Interior
| Cooling | Ceiling Fan(s), Central Air, Electric |
|---|---|
| Heating | Central, Electric |
| Interior Features | Cable TV Available, High Speed Internet Available, Open Floorplan |
| Appliances | Dishwasher, Electric Range |
Exterior
| Roof | Composition |
|---|---|
| Construction Materials | Siding, Wood |
| Foundation Details | Slab |
Parking
| Garage Yn | 1 |
|---|---|
| Attached Garage Yn | 1 |
| Parking Features | Additional Parking |
Utilities
| Utilities | City Sewer, City Water |
|---|
Taxes
| Unexempt Taxes | 6027 |
|---|---|
| Tax Lot | 7 |
| Tax Block | 1321 |
| Tax Legal Description | TIMBER CREEK BLOCK 1321-L LOT 7 |
Area Information
| State | TX |
|---|---|
| County | Smith |
| City | Tyler |
| Zip Code | 75703 |
| Area | Smith |
| Community Name | Timber Creek |
| School District | Whitehouse ISD |
| Elementary School | Stanton Smith |
| High School | Whitehouse |
| Listing VS Median (in Timber Creek) | |
Price: $400,000 low | high Med: $724,945 On site: 14 low | high Med: 141 | |
Market Activity 75703
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Learn More About This Property
| State | TX |
|---|---|
| County | Smith |
| City | Tyler |
| Zip Code | 75703 |
| Area | Smith |
| Community Name | Timber Creek |
| School District | Whitehouse ISD |
| Elementary School | Stanton Smith |
| High School | Whitehouse |
| Listing VS Median (in Timber Creek) | |
Price: $400,000 low | high Med: $724,945 On site: 14 low | high Med: 141 | |
