12036 State Highway 64
$2,150,000
5
3
9,936
9,936
$216
Description
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 — 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,...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 — 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.
- Listed by Fischer Davis • TREC #0816546 • Drake Real Estate & Investments
Property Details for 12036 State Highway 64
Waterfront
No
Subdivision NameNA
ZONINGSingle Family
LISTING UPDATED: 07/17/2024 09:27 AM
Property Details for 12036 State Highway 64
Status | Active |
---|---|
MLS # | 24004151 |
Days on Market | 241 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi Family |
Year Built | 2024 |
Lot Size | 1.19 AC / 52,010 SF |
County | Smith County |
Building Information for 12036 State Highway 64
Stories1Residences14Year Built2024Building Size-Lot Size1.19 AC / 52,010 SF
Property Information for 12036 State Highway 64
Property History for 12036 State Highway 64
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 12036 State Highway 64
Taxable ValueLand$21,491Additions$1,003,766Total$1,025,257
Tax Record2024$15,546 ($1,295 / month)
Home Facts
Beds0Baths1Total Finished SqFt1,104 SqFtAbove Grade Finished SqFt1,104 SqFtStories1Lot Size52,011 SqFtStyleSingle Family ResidenceYear Built1940CountySMITHAPN1-00000-0026-00-012020
Schools near 12036 State Highway 64
This home is within Tyler Independent School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | PK to 12 |
Rating | School | Distance |
---|---|---|
Dixie Elementary School PublicPK to 5 | ||
Boulter Middle School Public6 to 8 | ||
Tyler High School Public9 to 12 | ||
Wayne D Boshears Center For Except PublicPK to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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