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Apartment Property with Main Home
For Sale
$1,650,000
Pending

13597 County Road 35, Tyler, TX 75706

ResidentialIncome, Tyler, TX

Property Size9,056 SF
Lot Size36.68 Acres
Days on Market121

Property Features for 13597 County Road 35

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 11
Bathrooms 10
Full bathrooms 10
Rooms Bedroom 4, Bedroom 11, Bedroom 3, Bathroom 4, Bedroom 9, Bedroom 2, Bathroom 6, Bedroom 6, Bedroom 8, Bathroom 9, Bathroom 5, Bedroom 7, Bathroom 2, Bathroom 7, Bedroom 1, Bedroom 5, Bathroom 8, Bathroom 10, Bathroom 1, Bedroom 10, Bathroom 3
Parking 10
Parking features RV, Carport
Interior features DecorativeDesignerLightingFixtures, OpenFloorplan, WalkInClosets
Exterior features Lighting, RainGutters, RvHookup, Storage
Fencing Fenced
Appliances Dishwasher, ElectricRange, ElectricWaterHeater, Microwave, Refrigerator
Subdivision F Flores Surv A-9
Lot features Acreage, Interior Lot, Landscaped, Pond On Lot, Many Trees
Elementary school Orr
Middle school Stewart
High school Tyler
Elementary school district Tyler ISD
Middle school district Tyler ISD
High school district Tyler ISD
Directions From I 20 east, exit Lavender Rd, go right at stop sign, when you go under I 20, 3rd entrance on the right is 13597 CR 35 West on I20 exit Lavender rd, at stop sign turn left, 3rd drive way on the left, big sign in front with house numbers 13597 Buyer to verify schools and other info
Standard status Pending
APN 100000000902026020
Size 9,056 SF
Lot size 36.68 Acres

Taxes and HOA fees

Tax Description ABST A0009 F FLORES TRACT 26B S02
Tax Annual Amount 7624
Legal Description ABST A0009 F FLORES TRACT 26B S02

Utilities

Sewer type Aerobic Septic
Heating system Electric (Heating)
Cooling system Roof Turbines(s), Electric, Central Air, Ceiling Fan(s)
Water source Well
Water front features Lake Front, Creek
Water front 1

Amenities

hot tub
catio
laundry room
fenced yard
deck

Building Details

Year built 2021
Floors in Building 1
Number of units 9
Flooring type Vinyl, Concrete
Building materials FiberCement, MetalSiding
Roof type Asphalt, Metal
Additional Structures Storage
Listing Agency: Taylor Realty Associates - DFW
Listed By: Debbie Yeats · License #0602812
Added: Jun 17 Changed: Sep 13 Last Checked: Oct 15 at 10:06PM
MLS# 20936927

Copyright © 2026 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.

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Investment Insights

Based on property information with market context.

This 36.68-acre income-producing property contains 9056 square feet of improvements, including 8 occupied rental units and a 3200-square-foot, 3-bedroom, 2-bath home. The residence features an open layout with 20 ft ceilings in the main living area, a galley kitchen with commercial appliances, a walk-in pantry, two storage closets, an office, separate laundry room, and flexible space adjoining the primary suite. Exterior features include metal siding, a metal roof, fenced outdoor areas, composite decking, a hot tub, a built-in catio, RV hookups, and additional storage areas.

The grounds include lake-front and creek features, along with trees and open space. On-site infrastructure includes a well and aerobic septic system. The rental component includes a laundry room with coin-operated washing machines. Current occupancy is month to month, with management-paid water, lawn maintenance, trash service, and septic maintenance included in monthly rent.

Key Highlights

  • 36.68‑acre income‑producing property with 9056 square feet of improvements
  • 8 occupied rental units included
  • 3200‑square‑foot home with 3 bedrooms and 2 bathrooms

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$76,655
Cap Rate
4.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,533,100 $1.5M
Cap Rate 7%
$1,095,071 $1.1M
Cap Rate 9%
$851,722 $851.7K
Market Conditions
NOI Build-Up for 9,056 SF
Gross rent
$146.7K $16.20/SF
− Vacancy
−$7.3K −$0.81/SF
EGI
$139.4K $15.39/SF
− OpEx
−$62.7K −$6.93/SF
NOI
$76.7K $8.46/SF
Area
Tyler, TX
Vacancy
5.00%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,533,100
Cap Rate 7%
$1,095,071
Cap Rate 9%
$851,722

Alternative Uses

Best Use
Apartment 5plus
$1.10M
$958.2K – $1.28M (±1% cap)
NOI $76,655 @ 7.0% cap · market cap 4.65%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.02M
$1.77M – $2.36M (±1% cap)
NOI $141,488 @ 7.0% cap · market cap 8.58%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

The Venue at Hitts Creek Housing Complex

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

9
Residential units

Location Intelligence

Trade Area within ½ mile

3
Businesses Nearby

Demographics for 75706, TX

10,313
Population
4,332
Households
2.4
Avg Household Size
34
Median Age
10%
College-Educated
81%
High-School Grad
75.6 sq mi
ZIP Area
136
Density / Sq Mi
$57,845
Median Household Income
$32,886
Median Earnings
$941
Median Rent
$125,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Income-producing acreage includes eight occupied rental units, a three-bedroom home, and coin-operated laundry facilities.
Where is this apartment building located?
The property is located at 13597 County Road 35 Tyler, TX.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: 36.68‑acre income‑producing property with 9056 square feet of improvements; 8 occupied rental units included; 3200‑square‑foot home with 3 bedrooms and 2 bathrooms
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