Duplex with Fenced Private
3960 Cottage Dr Tyler, TX 75701
For Sale
$399,900
MULTI_FAMILY - Tyler, TX
Property Size2,392 SF
Lot Size0.14 Acres
Price / SF$167.18
Days on Market115
Property Features for 3960 Cottage Dr
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Bedrooms
- 6
- Bathrooms
- 4
- Rooms
- Bedroom 6, Bedroom 4, Bedroom 1, Bedroom 5, Bedroom 3, Bathroom 2, Bathroom 4, Bathroom 3, Bedroom 2, Bathroom 1
- Parking features
- Garage
- Standard status
- Active
- Size
- 2,392 SF
- Lot size
- 0.14 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 5869
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Central
- Cooling system
- Electric, Central Air
- Water source
- Public
Building Details
- Year built
- 2013
- Number of units
- 2
- Building materials
- Brick Veneer, Siding
Listing Agency:
eXp Realty, LLC-Austin
(888) 519-7431
Listed By:
Richard Breeze · License #0830164
(214) 502-9887
Added: Apr 2
Changed: Jul 24
Last Checked: Jul 25 at 8:06AM
MLS# 26004669
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 duplex includes two separate residences, each with three bedrooms and two bathrooms, plus a one-car garage. Interiors are described as open-concept, with kitchens that include granite countertops and all appliances. Living spaces and bedrooms are sized for comfortable day-to-day use, and each unit is set up with washer/dryer connections. Outside, the property offers fenced private yards and covered porches, giving residents enclosed outdoor space attached to the home.
The property is located at 3960 Cottage Dr in Tyler, TX 75701. The public remarks note it is near the Hospital District, less than a mile from UT Tyler, and about two miles from TJC, placing it within reach of major nearby employers and campuses.
As a for-sale income-oriented property, this duplex is suited to buyers seeking a manageable residential asset with repeatable unit features across both sides. With furnished-in-place amenities noted in the remarks—such as appliances, granite countertop kitchens, fenced yards, and laundry connections—each unit is designed to support straightforward leasing and resident convenience.
The property is located at 3960 Cottage Dr in Tyler, TX 75701. The public remarks note it is near the Hospital District, less than a mile from UT Tyler, and about two miles from TJC, placing it within reach of major nearby employers and campuses.
As a for-sale income-oriented property, this duplex is suited to buyers seeking a manageable residential asset with repeatable unit features across both sides. With furnished-in-place amenities noted in the remarks—such as appliances, granite countertop kitchens, fenced yards, and laundry connections—each unit is designed to support straightforward leasing and resident convenience.
Key Highlights
- 2013‑built duplex with 1‑car garage per unit and a garage parking feature
- Each unit has 3 bedrooms and 2 bathrooms with multiple bedrooms and bathrooms listed
- Open‑concept kitchen in each unit with granite countertops and all appliances included
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 | $33.0k | $13.80 |
| − Vacancy | −$2.1k | −$0.90 |
| EGI | $30.9k | $12.90 |
| − OpEx | −$9.3k | −$3.87 |
| NOI | $21.6k | $9.03 |
2,392 SF · lease $13.80/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$308.6K
$270.1K – $360.1K
NOI $21,605 @ 7.0% cap · market cap 5.40%
Second Best
Apartment 5plus
$289.2K
$253.1K – $337.5K
NOI $20,247 @ 7.0% cap · market cap 5.06%
Theoretical Best
Office A
$533.9K
$467.2K – $622.9K
NOI $37,372 @ 7.0% cap · market cap 9.35%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - For sale duplex featuring two 3-bedroom units with fenced yards, covered porches, and in-unit washer/dryer connections.
Where is this duplex located?
The property is located at 3960 Cottage Dr Tyler, TX.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: 2013‑built duplex with 1‑car garage per unit and a garage parking feature; Each unit has 3 bedrooms and 2 bathrooms with multiple bedrooms and bathrooms listed; Open‑concept kitchen in each unit with granite countertops and all appliances included
