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    13597 County Road 35 Tyler, TX 75706

    Sponsored
    For Sale
    $1,650,000

    Multiple Single Units - Tyler, TX

    Property size:
    9,056 SF
    Lot size:
    36.68 Acres
    Days on Market:
    16
    Last Refresh:
    Jan 23 at 3:06 pm

    Property Features for 13597 County Road 35

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    11
    Bathrooms
    10
    APN
    100000000902026020
    Parking
    10
    Parking features
    Carport
    Interior features
    Decorative Lighting, Open Floorplan, Walk-in Closet(s)
    Exterior features
    Rain Gutters, Lighting, Rv Hookup, Storage, Fence
    Fencing
    Fenced
    Appliances
    Dishwasher, Microwave, Range, Refrigerator, Washer
    Size
    9,056 SF
    Lot size
    36.68 Acres

    Utilities

    Heating system
    Electric (Heating)
    Cooling system
    Ceiling Fan(s), Central Air, Electric, Roof Turbine(s)
    Water front features
    Creek, Lake Front, Waterfront
    Water front
    1

    Building Details

    Year built
    2021
    Floors in Building
    1
    Flooring type
    Concrete, Vinyl
    Building materials
    Fiber Cement, Metal Siding
    Roof type
    Asphalt, Metal
    Architectural style
    Other
    Additional Structures
    Storage

    We can help!

    Listing Contact
    Debbie Yeats

    TAYLOR REALTY ASSOCIATES DFW (972) 365-1140

    Listing agent Debbie Yeats (972) 365-1140 License #0602812

    Listing date Jan 8, 2026

    MLS# 20936927 Listing URL

    Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Income Producing Acreage with Rental Units

    This income-producing property spans 36.68 acres and includes a 3200 square foot single-family home and eight rental units, all currently occupied by long-term tenants. The single-family home, originally built in 2017 as a wedding venue and converted into a home in 2022, features metal siding and a metal roof. The home includes a fenced backyard with composite decking, a hot tub, and a built-in catio. The interior boasts an open floor plan with 20-foot ceilings in the main living area, a galley kitchen, a walk-in pantry, and two storage closets. The kitchen is equipped with a double-door commercial refrigerator and a 500lb ice machine. The home also has a separate laundry room and office. The master bedroom includes an oversized sitting room that can be used as a craft room, exercise room, or baby room. One bedroom is secluded with a walk-in closet, and the third bedroom is large and spacious. The property also includes a laundry room with coin-operated washing machines. There are two additional spaces outside that can be converted into a greenhouse, storage, or sitting area. The property offers value-add opportunities such as renting the main house, installing separate electric meters, or considering solar panels. The property is located in Tyler, TX, the fastest-growing city in East Texas. A 140,000 sqft Amazon distribution center is being completed, and a 70-acre planned development on I20, including The Texan, restaurants, and other retail, is planned 10 minutes away.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    The Venue at Hitts Creek Housing Complex

    Map

    City
    Tyler
    County
    Smith
    State
    Texas
    Longitude
    -95.315227
    Latitude
    32.462679

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    FAQs

    What type of property is this?
    Single family property - 36-acre income-producing property featuring a single-family home and eight rental units.
    Where is this single family property located?
    The property is located at 13597 County Road 35 Tyler, TX.
    What is the asking price?
    The asking price for this property is $1,650,000.
    What are key features of this property?
    This property features: - Income-producing 36-acre property with 8 currently occupied rental units, offering immediate cash flow.; - Main house is a spacious **3200 sqft, 3-bed, 2-bath home** with a unique history as a former wedding venue, converted in 2022.; - Low-maintenance exterior with metal siding and roof, plus new composite decking and fenced backyard with pond view and hot tub.
    (972) 365-1140
    Request Owner's contact information
    13597 County Road 35 Tyler, TX 75706
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    Tyler, TX 75706
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    13597 County Road 35 Tyler, TX 75706
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    We can help!
    Listing Contact
    Debbie Yeats
    Real Estate License ID: 0602812
    (972) 365-1140
    Learn more
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