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    400 E Ferguson St Tyler, TX 75702

    For Sale
    $810,000

    Fourplex - Tyler, TX

    Property size:
    10,000 SF
    Days on Market:
    19
    Last Refresh:
    Dec 11 at 9:06 pm

    Property Features for 400 E Ferguson St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Industrial
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5
    Bathrooms
    10
    Size
    10,000 SF

    Utilities

    Heating system
    Central, Electric (Heating)
    Cooling system
    Central Air, Electric

    Building Details

    Year built
    1930
    Number of units
    10
    Building materials
    Frame
    Architectural style
    Other

    Smith and Crisp Realty Group, LLC (903) 509-4111 [email protected]

    Listing agent Steven Cardenas (903) 570-9119 License #0837571

    Listing date Nov 23, 2025

    MLS# 25016772 Listing URL

    Copyright © 2025 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.

    Overview

    Tyler, TX Redevelopment Opportunity

    This property, located one block from the new Smith County Courthouse in Downtown Tyler, presents a redevelopment opportunity. The property consists of 7 buildings with 10 units, generating $8,600 per month in rental income. The property is 10,000 square feet and is located in Tyler, TX 75702. The property is zoned for industrial use. The location is surrounded by public and private investment, offering appreciation potential in Tyler’s improving district. The property is intended for multifamily or mixed-use projects.
    Location Intelligence

    Current Use by Public Records

    Specialty properties

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Tyler
    County
    Smith
    State
    Texas
    Longitude
    -95.296456
    Latitude
    32.351988

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    FAQs

    What type of property is this?
    Specialty property - Redevelopment opportunity near courthouse with existing cash flow.
    Where is this specialty property located?
    The property is located at 400 E Ferguson St Tyler, TX.
    What is the asking price?
    The asking price for this property is $810,000.
    What are key features of this property?
    This property features: - Prime redevelopment opportunity in Downtown Tyler.; - Strong cash flow: $8,600/month rental income.; - Located one block from the new Smith County Courthouse.
    (903) 570-9119
    Request Owner's contact information
    400 E Ferguson St Tyler, TX 75702
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    400 E Ferguson St Tyler, TX 75702
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