2-Unit Duplex with
New
For Sale
$400,000
1708 Timber View Drive, Tyler, TX 75703
ResidentialIncome, Tyler, TX
Property Size3,210 SF
Lot Size0.26 Acres
Price / SF$124.61
Days on Market7
Property Features for 1708 Timber View Drive
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
6
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 2, Bedroom 4, Bedroom 6, Bathroom 4, Bedroom 2, Bathroom 1, Bedroom 5, Bedroom 3, Bathroom 3, Bedroom 1
Parking
3
Interior features
HighSpeedInternet, OpenFloorplan, CableTv
Appliances
Dishwasher, ElectricRange
Subdivision
Timber Creek
Elementary school
Stanton Smith
Middle school
Whitehouse
High school
Whitehouse
Elementary school district
Whitehouse ISD
Middle school district
Whitehouse ISD
High school district
Whitehouse ISD
Directions
From S. Broadway Ave (Hwy 69) and Loop 323 in Tyler, head south on Broadway. Turn left onto Shiloh Rd, then right onto Timber Creek Dr. Turn right onto Timber View Dr. 1708 Timber View Dr. will be on the left.
Standard status
Active
APN
150000132112007000
Lot size
0.26 Acres
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Description
TIMBER CREEK BLOCK 1321-L LOT 7
Tax Annual Amount
6027
Legal Description
TIMBER CREEK BLOCK 1321-L LOT 7
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Central
Cooling system
Ceiling Fan(s), Central Air, Electric
Water source
Public
Amenities
fireplace
attached garage
private fenced backyard
Building Details
Year built
2009
Floors in Building
2
Number of units
2
Flooring type
Tile, Vinyl
Building materials
WoodSiding
Roof type
Composition
Buildings
1
Listing Agency:
Keller Williams Realty-Tyler
Listed By:
Markie Severtson · License #0835380
(903) 534-6600
Added: Oct 26
Changed: Nov 1
Last Checked: Nov 1 at 6:06PM
MLS# 21420064
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.
Built in 2009, this duplex contains 3,210 square feet across two 1,605-square-foot residences. Each unit has three bedrooms, two bathrooms, a downstairs primary suite, a fireplace, and an attached garage with interior access. Private fenced backyards and separate utilities serve the residences. Flooring is luxury vinyl plank in one unit and tile in the other; the property also has no HOA.
The 0.26-acre property is approximately 4 miles from the University of Texas at Tyler. One residence is leased, while the other is vacant. Public water and sewer serve the property.
The 0.26-acre property is approximately 4 miles from the University of Texas at Tyler. One residence is leased, while the other is vacant. Public water and sewer serve the property.
Key Highlights
- Two residences of 1,605 square feet each; 3,210 square feet total
- Each unit has 3 bedrooms, 2 bathrooms, a downstairs primary suite, and a fireplace
- Attached garages with direct interior access, plus separate utilities
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,993
Cap Rate
7.25%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$579,860
$579.9K
Cap Rate 7%
$414,186
$414.2K
Cap Rate 9%
$322,144
$322.1K
Market Conditions
NOI Build-Up for 3,210 SF
Gross rent
$44.3K $13.80/SF
− Vacancy
−$2.9K −$0.90/SF
EGI
$41.4K $12.90/SF
− OpEx
−$12.4K −$3.87/SF
NOI
$29.0K $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%
$579,860
Cap Rate 7%
$414,186
Cap Rate 9%
$322,144
Alternative Uses
Best Use
Multifamily LT 5
$414.2K
$362.4K – $483.2K
NOI $28,993 @ 7.0% cap · market cap 7.25%
Second Best
Apartment 5plus
$388.2K
$339.6K – $452.9K
NOI $27,171 @ 7.0% cap · market cap 6.79%
Theoretical Best
Office A
$716.5K
$626.9K – $835.9K
NOI $50,152 @ 7.0% cap · market cap 12.54%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
297
Businesses Nearby
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Business Placement
Demographics for 75703, TX
44,428
Population
20,045
Households
2.2
Avg Household Size
39
Median Age
43%
College-Educated
96%
High-School Grad
55.1 sq mi
ZIP Area
806
Density / Sq Mi
$76,347
Median Household Income
$45,301
Median Earnings
$1,262
Median Rent
$310,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence includes a private fenced backyard, separate utilities, and an attached garage.
Where is this duplex located?
The property is located at 1708 Timber View Drive Tyler, TX.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Two residences of 1,605 square feet each; 3,210 square feet total; Each unit has 3 bedrooms, 2 bathrooms, a downstairs primary suite, and a fireplace; Attached garages with direct interior access, plus separate utilities
