1320 East Houston Street

Tyler, TX 75702

$316,667
Price
4
Beds
2
Baths
2,076 Sq. Ft.
$153 / Sq. Ft.
2,076
Sq. Ft.
$153
per Sq. Ft.

Description

A prime investment portfolio of three 100% leased multifamily duplexes in Midtown Tyler, TX. Each unit is subleased as a high-performing Airbnb property, offering immediate cash flow. These well-maintained duplexes are strategically located near entertainment, dining, cultural attractions, hospitals, and the new UT Tyler School of Medicine, ensuring high occupancy rates. Tenant manages short-term rentals, reducing operational burden for the new owner. This portfolio offers excellent income potential...A prime investment portfolio of three 100% leased multifamily duplexes in Midtown Tyler, TX. Each unit is subleased as a high-performing Airbnb property, offering immediate cash flow. These well-maintained duplexes are strategically located near entertainment, dining, cultural attractions, hospitals, and the new UT Tyler School of Medicine, ensuring high occupancy rates. Tenant manages short-term rentals, reducing operational burden for the new owner. This portfolio offers excellent income potential and long-term growth in a vibrant market. Ideal for investors seeking safe returns with minimal effort in a thriving location. Seller is selling 521/525 S Clayton (MLS# 24014702), 1320/1322 E Houston (MLS# 24014703), & 1421/1423 E Houston (MLS# 24014704). Preference will be given to offers for all properties in a single transaction.
  1. Listed by Austin Luce • TREC #0674590 • Robert Means

Property Details for 1320 East Houston Street

Waterfront
No
Subdivision Name
HUNT-WELLS
ZONING
Multi Fam Dwelling 1 St
LISTING UPDATED: 10/26/2024 09:32 AM

Property Details for 1320 East Houston Street

StatusActive
MLS #24014703
Days on Market7
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built2011
Lot Size-
CountySmith County

Building Information for 1320 East Houston Street

Stories-Residences2Year Built2011Building Size-Lot Size-

Property Information for 1320 East Houston Street

Summary
Location and General Information
  • County: Smith
  • Waterview: No
  • Directions (NO OFFICES): Starting at Stanley's BBQ turn left onto Beckham then turn right on Front street. Drive until you you get to Clayton street and turn right onto Clayton. Then right onto Houston. The duplex will be on the right.
  • City: Tyler
  • State: TX
  • Geo Subdivision: TX
  • Lake Community: No
Taxes and HOA
  • Taxes: $4,678.39
  • Tax Year: 2024
Parking
  • PARKING 2-4 FAMILY: 1 Or More Per Unit
School Information
  • Elementary: Bonner
  • Middle School: Moore
  • High School: Tyler High
Property
Property and Assessments
  • Appraisal District Number: R190676
  • Class: MULTI-FAMILY
  • Year of Construction: 2011
  • Foreclose/Bank Owned Y/N: No
  • Legal: BLOCK 243 LOT 8F, 8G
Lot Information
  • Approx SqFt: 2076
Utilities
  • INDIVIDUALLY METERED UTIL: Other/See Remarks
Interior and Exterior Features
Exterior Features
  • CONSTRUCTION: Brick Veneer
  • FOUNDATION: Slab
Interior Features
  • FIREPLACE: None
  • COOLING: Other/See Remarks
  • HEATING: Other/See Remarks
Multi Family
Multi-Family Information
  • # Units: 2.0
Income & Expenses Information
  • OWNERS EXPENSES: Other/See Remarks
Unit 1
  • Unit 1 # Bedrooms: 2
  • Unit 1 # Baths: 1
  • Unit 1 Living Room Y/N: Yes
  • Unit 1 Dining Room Y/N: Yes
Unit 2
  • Unit 2 # Bedrooms: 2
  • Unit 2 # Baths: 1
  • Unit 2 Living Room Y/N: Yes
  • Unit 2 Dining Room Y/N: Yes
Rental
Rental Information
  • TENANT PAYS: Other/See Remarks

Property History for 1320 East Houston Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1320 East Houston Street

Taxable ValueLand$15,517Additions$265,790Total$281,307
Tax Record2023$4,904 ($409 / month)
Home Facts
Beds0Total Finished SqFt2,076 SqFtAbove Grade Finished SqFt2,076 SqFtLot Size7,109 SqFtStyleSingle Family ResidenceYear Built2011CountySMITHAPN1-50000-0243-00-008060

Schools near 1320 East Houston Street

This home is within Tyler Independent School District.
Rating
School
Type
Grades
Distance
Bonner Elementary School
Public - PK to 5
Moore Mst Magnet School
Public - 6 to 8
Tyler High School
Public - 9 to 12
Caldwell Arts Academy
Public - K to 8
Rating
School
Distance
Bonner Elementary School
PublicPK to 5

Moore Mst Magnet School
Public6 to 8

Tyler High School
Public9 to 12

Caldwell Arts Academy
PublicK to 8

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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More information about 1320 East Houston Street, Tyler, TX 75702

1320 East Houston Street is a multi-family home for sale in Tyler, TX 75702. This property was listed for sale on October 26, 2024 by Robert Means, it's currently listed at $316,667. This listing's school district is Tyler Independent School District. Nearby schools include Bonner Elementary School, Moore Mst Magnet School and Tyler High School. 1320 East Houston Street is a 4-bed, 2-bath, 2,076 sqft multi-family home built in 2011.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Robert Means, Austin Luce

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