75702 75703 Tyler, TX 75701
Portfolio of 20 single-family rental properties in Tyler, Texas.
Property size:
50,261 SFProperty Features for 75702 75703
General Information
- Size
- 50,261 SF
Source:
Svntrinity
Listing Agent: Ivan Del-Aguila
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Tyler, Texas Rental Property Portfolio
This property portfolio comprises 20 single-family rental properties situated in Tyler, Texas, offering a variety of floor plans. Tyler, the largest community in East Texas with a population exceeding 225,000, is located 90 miles east of Dallas. The city benefits from its location near Interstate 20 and access to a regional airport with daily connections to Dallas Fort Worth International Airport, facilitating both local and long-distance business. The properties are located in the 75701, 75702, and 75703 zip codes. The portfolio presents an opportunity to increase rents and overall performance in a rapidly growing and competitive market. The current Net Operating Income (NOI) is $271,720, with a current Capitalization (CAP) Rate of 8%. Tyler is recognized as the fastest-growing metro area in Texas, experiencing rising demand for housing due to its increasing population. The properties are located 90 miles from the Dallas/Fort Worth metro area.
Location Intelligence
Current Use by Public Records
Single family properties
Map
- City
- Tyler
- County
- Smith
- State
- Texas
- Longitude
- -95.3025
- Latitude
- 32.3248
Nearby Similar for Sale
FAQs
What type of property is this?
Single family property - Portfolio of 20 single-family rental properties in Tyler, Texas.
Where is this single family property located?
The property is located at 75702 75703 Tyler, TX.
What is the asking price?
The asking price for this property is $3,400,000.
What are key features of this property?
This property features: - High CAP Rate: Current 8% CAP rate indicates strong investment potential.; - Significant NOI: Current Net Operating Income of $271,720 demonstrates profitability.; - Portfolio of 20 Single-Family Homes: Opportunity to acquire a substantial portfolio of rental properties.