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    Mays Ln Tyler, TX 75703

    For Sale
    $695,000

    Unimproved Land - Tyler, TX

    Type:Unimproved Land
    Lot size:
    8.00 Acres
    Days on Market:
    53
    Last Refresh:
    Dec 15 at 1:06 am

    Property Features for Mays Ln

    General Information

    Property type
    Commercial Sale
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    226605
    Lot size
    8.00 Acres

    Building Details

    Architectural style
    Other

    Drake Real Estate & Investment (903) 581-3737

    Listing agent Matthew Marshall (903) 581-3737 License #0544812

    Listing date Oct 24, 2025

    MLS# 21035226 Listing URL

    Copyright © 2025 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.

    Overview

    Residential Land in Gated Community

    This 8 acre property is designated for Phase 2 of Preston Ridge, an established 55+ gated community. The tract is platted and approved for 37 residential lots. Utilities, including water, sewer, and electricity, are available for extension to the new phase. Phase 1 is already established. The property is located near shopping, dining, medical facilities, and other amenities in South Tyler. This location offers residents both comfort and convenience. This property presents an opportunity to develop within a successful community and meet the demand for 55+ housing in East Texas.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Tyler
    County
    Smith
    State
    Texas
    Longitude
    -95.313602
    Latitude
    32.270643

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    FAQs

    What type of property is this?
    Land - 8 acres for 37 residential lots in Tyler, Texas.
    Where is this land located?
    The property is located at Mays Ln Tyler, TX.
    What is the asking price?
    The asking price for this property is $695,000.
    What are key features of this property?
    This property features: - Approved plat for 37 residential lots within the established Preston Ridge 55+ gated community.; - Utilities (water, sewer, and electricity) readily available for expansion.; - Located in desirable South Tyler, near shopping, dining, and medical facilities.
    (903) 581-3737
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    Mays Ln Tyler, TX 75703
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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
    Mays Ln Tyler, TX 75703
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