Tyler TX Multi Family for Sale
$2,150,000
12036 State Highway 64 Tyler, TX 75704
- Type:
- Other
- Sq.Ft.:
- 9,936
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 1.19 Acres
- Year built:
- 2024
- Baths:
- MLS#:
- 20571800
- Subdivision:
- Na
View additional info
Courtesy: Drake Real Estate & Investment
ADDITIONAL INFORMATION
100% occupied and newly constructed 14-unit multi-family investment opportunity on Hwy 64 just outside of Tyler's West Loop 323. Fantastic passive income opportunity in Tyler, TX. Close to many commercial retailers, Tyler High School, and Walmart Supercenter. See flyer for more details. 1 single family home, 3 duplexes, and 7 luxury cottages â 9,936 leasable sqft. New gravel driveway. 2024 Projected Financials: $188,580 Gross Annual Income; $160,880 NOI; 7.48% CAP. 100% occupied, low maintenance, turn-key, ready to cash flow. Private entrance, mix of covered & uncovered parking pads, individual mailboxes. 15,853 Annual Average Daily Traffic. Reach out to the agent for financial documents and more unit details.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the NTREIS Multiple Listing Service. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. ©2024 North Texas Real Estate Information Systems
Tyler Real Estate
The median home value in Tyler, TX is $227,800. This is lower than the county median home value of $241,500. The national median home value is $338,100. The average price of homes sold in Tyler, TX is $227,800. Approximately 45.61% of Tyler homes are owned, compared to 38.95% rented, while 15.44% are vacant. Tyler real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Tyler real estate agent to arrange a tour today!
Tyler, Texas 75704 has a population of 104,945. Tyler 75704 is less family-centric than the surrounding county with 32.03% of the households containing married families with children. The county average for households married with children is 34.01%.
The median household income in Tyler, Texas 75704 is $58,385. The median household income for the surrounding county is $62,518 compared to the national median of $69,021. The median age of people living in Tyler 75704 is 34.6 years.
Tyler Weather
The average high temperature in July is 93 degrees, with an average low temperature in January of 36.2 degrees. The average rainfall is approximately 46 inches per year, with 1 inches of snow per year.