Brick Duplex with Central
126 N Gaston, Tyler, TX 75702
For Sale
$324,900
Residential Income, Tyler, TX
Property Size2,520 SF
Price / SF$128.93
Days on Market49
Property Features for 126 N Gaston
General Information
Property type
Property subtype
Elementary school
Middle school
High school
Directions
Standard status
Size
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Sewer type
Heating system
Cooling system
Building Details
Year built
Floors in Building
Number of units
Building materials
Roof type
Listing Agency:
Texas Real Estate Executives
(903) 680-4663
Listed By:
Nacole Eaton · License TX #0720647
(903) 539-8617
Added: Sep 22
Last Checked: Nov 9 at 10:06AM
MLS# 26013075
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.
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Investment Insights
Based on property information with market context.
This 2,520-square-foot duplex contains two three-bedroom, two-bathroom units in a brick-built property completed in 2009. Each residence is served by central heating and central air, with electric cooling, a composition roof, and public sewer service.
One unit is occupied, while the second unit provides additional residential space within the same multifamily asset. The property is located at 126 N Gaston in Tyler, Texas, 75702.
One unit is occupied, while the second unit provides additional residential space within the same multifamily asset. The property is located at 126 N Gaston in Tyler, Texas, 75702.
Key Highlights
- Two‑unit duplex with 2,520 square feet
- Each unit includes 3 bedrooms and 2 bathrooms
- One unit is currently occupied
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,761
Cap Rate
7.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$455,220
$455.2K
Cap Rate 7%
$325,157
$325.2K
Cap Rate 9%
$252,900
$252.9K
Market Conditions
NOI Build-Up for 2,520 SF
Gross rent
$34.8K $13.80/SF
− Vacancy
−$2.3K −$0.90/SF
EGI
$32.5K $12.90/SF
− OpEx
−$9.8K −$3.87/SF
NOI
$22.8K $9.03/SF
Area
Tyler, TX
Vacancy
6.50%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$455,220
Cap Rate 7%
$325,157
Cap Rate 9%
$252,900
Alternative Uses
Best Use
Multifamily LT 5
$325.2K
$284.5K – $379.4K
NOI $22,761 @ 7.0% cap · market cap 7.01%
Second Best
Apartment 5plus
$304.7K
$266.6K – $355.5K
NOI $21,331 @ 7.0% cap · market cap 6.57%
Theoretical Best
Office A
$562.5K
$492.2K – $656.2K
NOI $39,372 @ 7.0% cap · market cap 12.12%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
726
Businesses Nearby
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Business Placement
Demographics for 75702, TX
26,777
Population
10,273
Households
2.6
Avg Household Size
32
Median Age
8%
College-Educated
72%
High-School Grad
14.1 sq mi
ZIP Area
1,899
Density / Sq Mi
$51,177
Median Household Income
$30,399
Median Earnings
$906
Median Rent
$99,700
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Tyler, TX
Properties on Market for Duplexes in Tyler
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two three-bedroom units offer a practical multifamily configuration with one residence currently occupied.
Where is this duplex located?
The property is located at 126 N Gaston Tyler, TX.
What is the asking price?
The asking price for this property is $324,900.
What are key features of this property?
This property features: Two‑unit duplex with 2,520 square feet; Each unit includes 3 bedrooms and 2 bathrooms; One unit is currently occupied
