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Modern Duplex Income Property

16087 & 16089 Echo Glen Dr Tyler, TX 75703

16087 & 16089 Echo Glen Dr, Tyler, TX, 75703
$375,000
For Sale
Claim this Listing
$375,000

MULTI_FAMILY - Tyler, TX

Property Size1,962 SF
Lot Size0.35 Acres
Price / SF$191.13
AddedJun 18
Days on Market27
Last RefreshJul 14 at 3:06 pm

Property Features for 16087 & 16089 Echo Glen Dr

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
4
Rooms
Bedroom 2, Bathroom 2, Bedroom 4, Bathroom 4, Bathroom 1, Bedroom 3, Bathroom 3, Bedroom 1
Parking features
Garage
Patio and Porch features
Patio
Interior features
Ceiling Fan, Blinds, Smoke Alarm
Exterior features
Patio Covered, Gutter(s)
Fencing
Wood
Appliances
Range/Oven-Electric, Dishwasher, Microwave, Pantry
Standard status
Active
Size
1,962 SF
Lot size
0.35 Acres

Taxes and HOA fees

Tax Year
2025

Utilities

Sewer type
Public Sewer
Heating system
Central, Electric (Heating)
Cooling system
Electric, Ceiling Fan(s), Central Air
Water source
Public

Building Details

Year built
2018
Floors in Building
1
Number of units
2
Flooring type
Tile - Ceramic
Building materials
Brick and Wood
Roof type
Composition

Listing agent Haden Riggs

Listing office Keller Williams Realty-Tyler 6761 Old Jacksonville Hwy, Tyler, TX

Listing date Jun 18, 2026

MLS# 26007202 Listing URL

Copyright © 2026 Greater Tyler Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This built-in-2018 duplex offers two separate living units configured as 2-bedroom, 2-bath layouts. Each unit includes an attached 1-car garage and an open-concept living design with modern finishes. Outside, both sides feature a covered back porch, large private backyards, and individual privacy fences.

The property is located at 16087 & 16089 Echo Glen Dr in Tyler, Texas, within Smith County. It sits on approximately 0.35 acres.

The total property size is approximately 1,962 square feet. The duplex is currently described as 100% occupied.

Key Highlights

  • Duplex built in 2018 with 2‑bedroom, 2‑bath units and attached 1‑car garage for each side
  • Approximately 1,962 SF total across both units
  • Each unit features a covered back porch/patio, large private backyard space, and individual privacy fencing

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $27.1k $13.80
− Vacancy −$1.8k −$0.90
EGI $25.3k $12.90
− OpEx −$7.6k −$3.87
NOI $17.7k $9.03
1,962 SF · lease $13.80/SF/yr · vacancy 6.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$253.2K
$221.5K – $295.4K (±1% cap)
NOI $17,721 @ 7.0% cap · market cap 4.73%
Second Best
Apartment 5plus
$237.2K
$207.6K – $276.8K (±1% cap)
NOI $16,607 @ 7.0% cap · market cap 4.43%
Theoretical Best
Office A
$437.9K
$383.2K – $510.9K (±1% cap)
NOI $30,654 @ 7.0% cap · market cap 8.17%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Electrical Service Dental Office Kitchen & Bath Showroom Furniture & Home Goods Storage Facility HVAC Service Carpet & Flooring Store Catering Service Grocery & Convenience Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Built in 2018, this duplex features two 2-bedroom, 2-bath units with attached one-car garages.
Where is this duplex located?
The property is located at 16087 & 16089 Echo Glen Dr Tyler, TX.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Duplex built in 2018 with 2‑bedroom, 2‑bath units and attached 1‑car garage for each side; Approximately 1,962 SF total across both units; Each unit features a covered back porch/patio, large private backyard space, and individual privacy fencing
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