3980 McDonald Road Tyler, TX 75701

Listing agent Matthew Marshall License #0544812 Show Phone

Listing office Drake Real Estate Tyler, TX Show Phone

Listing date Apr 9, 2026

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MLS# 21165877 Listing URL

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Investment Insights

Based on property information with market context.

This 18.96-acre land parcel is located in southeast Tyler, approximately 0.3 miles from UT Tyler. According to the City of Tyler’s Unified Development Code, the maximum density allowable for the subject property would be 455 units. Confirmation from the City of Tyler’s Planning and Zoning Department should be acquired if specific reliance is required. The property is located within the Chapel Hill Independent School District. City services are available. The best use of this property would be for multi-family residential development, perfect for student housing. Dirt work is substantially completed.

Key Highlights

• Multi‑family residential development potential.
• Proximity to UT Tyler (0.3 miles), ideal for student housing.
• High density allowance (up to 455 units, subject to city confirmation).

Property Analytics

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FAQs

What type of property is this?

Land - 18.96 acres suitable for multi-family development near UT Tyler.

Where is this land located?

The property is located at 3980 McDonald Road Tyler, TX.

What is the asking price?

The asking price for this property is $1,700,000.

What are key features of this property?

This property features: Multi‑family residential development potential.; Proximity to UT Tyler (0.3 miles), ideal for **student housing**.; High density allowance (up to 455 units, subject to city confirmation).