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Development Land with Opportunity Zone
For Sale
$995,000

1609 C R 246 S, Tyler, TX 75705

LAND - Tyler, TX

Lot Size101.00 Acres
Days on Market82

Property Features for 1609 C R 246 S

General Information

Property type Land
Property subtype Other
Zoning description Rural909T
Fencing Fenced
Lot features Acreage
Elementary school Chapelhill
Middle school Chapelhill
High school Chapelhill
Elementary school district Chapel Hill ISD
Middle school district Chapel Hill ISD
High school district Chapel Hill ISD
Directions From downtown Tyler head south toward SW Loop 323 and right onto SW Loop 323. From Loop 323, merge onto TX155 South and US271 South toward Winona East Texas. Continue on TX155 and US271 South for several miles to CR 246 South and go east for the distance needed to reach 1606 CR 246.
Standard status Active
APN 100000018500062000
Lot size 101.00 Acres

Taxes and HOA fees

Tax Description ABST A0185 B CLARK TRACT 62,62A-62D,63A (PT 1
Tax Annual Amount 33
Legal Description ABST A0185 B CLARK TRACT 62,62A-62D,63A (PT 1

Utilities

Water source Well
Listing Agency: Legacy Broker Group
Listed By: Jason Jarvis · License #0741093
Added: May 12 Changed: Jun 4 Last Checked: Aug 1 at 7:06AM
MLS# 21182347

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.

Investment Insights

Based on property information with market context.

Located just outside the city limits of Tyler, 1609 CR 246 S is a large development tract offering expansive land with flexible use potential. The property is positioned within a federally designated Opportunity Zone, creating an investment framework that may support strategic tax planning alongside future growth. With acreage well-suited to a range of concepts, the site can accommodate residential development, light commercial, industrial, storage, or long-term land-hold strategies.

The location balances accessibility and privacy, with convenient access to major thoroughfares noted in the marketing materials. It also benefits from proximity to retail, medical, and employment hubs, supporting broader tenant and buyer demand as the Tyler area continues to expand.

For investors and developers, this land presents a practical opportunity to secure a sizable parcel in an Opportunity Zone setting while maintaining flexibility on end use. Operators looking to expand into storage or light industrial and teams planning residential development may find the acreage and location attributes especially aligned with long-range planning and phased growth.

Key Highlights

  • Designated federally Opportunity Zone property at 1609 CR 246, positioned just outside the city limits of Tyler
  • Fenced site
  • Water source: well

Property Analytics

Current Use

Commercial land

Location Intelligence

Trade Area within ½ mile

15
Businesses Nearby

Demographics for 75705, TX

2,141
Population
784
Households
2.7
Avg Household Size
41
Median Age
5%
College-Educated
95%
High-School Grad
25.7 sq mi
ZIP Area
83
Density / Sq Mi
$77,943
Median Household Income
$37,120
Median Earnings
$1,429
Median Rent
$160,800
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Industrial land - Expansive acreage near Tyler with flexible development options and Opportunity Zone positioning for long-term growth strategies.
Where is this industrial land located?
The property is located at 1609 C R 246 S Tyler, TX.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: Designated federally Opportunity Zone property at 1609 CR 246, positioned just outside the city limits of Tyler; Fenced site; Water source: well
More about this property
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