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13937 County Road 45, Tyler, TX, 75704
Brand New Duplex with Fenced Yards

13937 County Road 45 Tyler, TX 75704

For Sale
$349,900

New, fully vacant duplex with two self-contained units, each offering 2 bedrooms and 2 full baths plus outdoor patios.

Property Size2,280 SF
Price / SF$153.46
Days on Market36

Property Features for 13937 County Road 45

General Information

Standard status
Active
Size
2,280 SF
Property subtype
Multi Family

Building Details

Year Built
2026
Listing Agency: Maya Properties
Listed By: Erika Gonzalez · License #0661607
Source: Compass
Added: Jun 19 Changed: Jul 23 Last Checked: Jul 23 at 11:59AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Maya Properties


Investment Insights

Based on property information with market context.

Brand new, fully vacant duplex designed for straightforward rental living or owner-occupancy. Each side includes two bedrooms, two full bathrooms, and a comfortable living area that flows into the living and dining spaces. Kitchens are equipped with an electric oven, dishwasher, and microwave, and each unit has a utility closet sized for a full-size washer/dryer set. Interior finishes include stained concrete flooring and fresh, natural paint, with cabinets and fixtures intended for easy updates. Outdoors, every side provides a covered front porch and a rear patio, along with a fully fenced backyard.

The property is located on County Road 45 and is described as less than 15 minutes to both Tyler and Lindale, supporting convenient day-to-day access for residents and operators.

The duplex configuration creates two separate, independently livable households on one site, with matching unit layouts and private outdoor space for each side.

Key Highlights

  • Brand‑new 1‑story duplex built in 2026, fully vacant and ready for new occupants or investors
  • Nearly 3 acres with two self‑contained units, each with 2 bedrooms and 2 full bathrooms
  • Each unit includes central electric cooling and central electric heating plus ceiling fans

Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $31.5k $13.80
− Vacancy −$2.0k −$0.90
EGI $29.4k $12.90
− OpEx −$8.8k −$3.87
NOI $20.6k $9.03
2,280 SF · lease $13.80/SF/yr · vacancy 6.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$294.2K
$257.4K – $343.2K (±1% cap)
NOI $20,593 @ 7.0% cap · market cap 5.89%
Second Best
Apartment 5plus
$275.7K
$241.2K – $321.7K (±1% cap)
NOI $19,299 @ 7.0% cap · market cap 5.52%
Theoretical Best
Office A
$508.9K
$445.3K – $593.7K (±1% cap)
NOI $35,622 @ 7.0% cap · market cap 10.18%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Garden Center Electronics & Wireless Store

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

FAQs

What type of property is this?
Duplex - New, fully vacant duplex with two self-contained units, each offering 2 bedrooms and 2 full baths plus outdoor patios.
Where is this duplex located?
The property is located at 13937 County Road 45 Tyler, TX.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: Brand‑new 1‑story duplex built in 2026, fully vacant and ready for new occupants or investors; Nearly 3 acres with two self‑contained units, each with 2 bedrooms and 2 full bathrooms; Each unit includes central electric cooling and central electric heating plus ceiling fans
More about this property
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