Fully Occupied Duplex With Enclosed
20071 Hwy 69 S Tyler, TX 75703
New
20071 Hwy 69 S, Tyler, TX, 75703
$340,000
For Sale
$340,000
MULTI_FAMILY - Tyler, TX
Property Size2,890 SF
Price / SF$117.65
Days on Market2
Property Features for 20071 Hwy 69 S
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 4
- Rooms
- Bedroom 3, Bathroom 2, Bathroom 3, Bedroom 4, Bedroom 5, Bedroom 1, Bathroom 4, Bedroom 2, Bedroom 6, Bathroom 1
- Parking features
- Garage
- Fencing
- Wood
- Fireplace
- 1
- Standard status
- Active
- Size
- 2,890 SF
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 6581
Utilities
- Heating system
- Electric (Heating), Central
- Cooling system
- Electric, Central Air
Building Details
- Year built
- 2002
- Number of units
- 2
- Flooring type
- Carpet, Tile - Ceramic
- Building materials
- Brick Veneer
- Roof type
- Composition
Listing Agency
Wright-Way
(903) 561-5191
12863 County RD 192, Flint, TX
Listed by
Amber Wright
(903) 752-0421
Added: Jul 16 Checked: Jul 17 at 10:06 am
MLS# 26009910
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 fully occupied duplex is configured as two separate units, with each side featuring a 3-bedroom, 2-bath layout. The property includes an enclosed 2-car garage for each unit and a privacy-fenced yard, supporting individual outdoor space and practical day-to-day use. With approximately 2,890 square feet total, the home is presented as a turnkey investment opportunity.
Located at 20071 Hwy 69 S in Tyler, Texas (Smith County), the property’s duplex setup provides a straightforward structure for income-oriented ownership while maintaining the same fundamental improvements across both sides.
Located at 20071 Hwy 69 S in Tyler, Texas (Smith County), the property’s duplex setup provides a straightforward structure for income-oriented ownership while maintaining the same fundamental improvements across both sides.
Key Highlights
- Fully occupied duplex with long‑term tenants
- Each side offers a spacious 3‑bedroom, 2‑bathroom layout
- Each unit includes an enclosed 2‑car garage
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 | $39.9k | $13.80 |
| − Vacancy | −$2.6k | −$0.90 |
| EGI | $37.3k | $12.90 |
| − OpEx | −$11.2k | −$3.87 |
| NOI | $26.1k | $9.03 |
2,890 SF · lease $13.80/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$372.9K
$326.3K – $435.1K
NOI $26,103 @ 7.0% cap · market cap 7.68%
Second Best
Apartment 5plus
$349.5K
$305.8K – $407.7K
NOI $24,462 @ 7.0% cap · market cap 7.19%
Theoretical Best
Office A
$645.0K
$564.4K – $752.6K
NOI $45,153 @ 7.0% cap · market cap 13.28%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - Duplex on Hwy 69 S offers two 3-bedroom, 2-bath units with enclosed 2-car garages and privacy-fenced yards.
Where is this duplex located?
The property is located at 20071 Hwy 69 S Tyler, TX.
What is the asking price?
The asking price for this property is $340,000.
What are key features of this property?
This property features: Fully occupied duplex with long‑term tenants; Each side offers a spacious 3‑bedroom, 2‑bathroom layout; Each unit includes an enclosed 2‑car garage
