Two-Story
For Sale
Contact for pricing
1710 Timber View Dr, Tyler, TX 75703
Residential income property with a practical multi-level layout, central heating and air, and in-unit washer and dryer connections.
Property Size1,605 SF
Price / SF$0.97
Days on Market48
Property Features for 1710 Timber View Dr
General Information
Standard status
Active
Size
1,605 SF
Property subtype
Multi-Family
Units
Unit Mix
1 x 1BR/1BA, 1 x 2BR/1BA
Multifamily Units
2
Amenities
stove
oven
dishwasher
fireplace
ceiling fans
blinds
vinyl flooring
central H/A
W/D connections
partially fenced property
Building Details
Year Built
2009
Stories
2
Listing Agency:
Midwest Land Group
Listed By:
Brad Newberry · License #0526613
(903) 780-8015
Source:
Newberryre
Added: Aug 30
Changed: Oct 15
Last Checked: Oct 14 at 10:48PM
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 Midwest Land Group
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Investment Insights
Based on property information with market context.
Built in 2009, this 1,605-square-foot, two-story duplex offers a 3/2/2 configuration with a balanced mix of shared and private living areas. The residence includes a living room with a fireplace, ceiling fans, blinds, vinyl flooring, central H/A, and washer and dryer connections. The kitchen is equipped with a stove, oven, and dishwasher, while refrigerators are not provided. One bedroom and one bathroom are located downstairs, with two bedrooms and one bathroom upstairs.
The property sits on a dead-end street in Tyler, Texas, and is partially fenced. Pets are permitted with the owner's approval.
The property sits on a dead-end street in Tyler, Texas, and is partially fenced. Pets are permitted with the owner's approval.
Key Highlights
- 3/2/2 two‑story duplex configuration
- 1,605 SF property built in 2009
- Downstairs bedroom and bath plus two upstairs bedrooms and one bath
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,586
Suggested Prices Based on Cap Rates
Cap Rate 5%
$271,720
$271.7K
Cap Rate 7%
$194,086
$194.1K
Cap Rate 9%
$150,956
$151.0K
Market Conditions
NOI Build-Up for 1,605 SF
Gross rent
$26.0K $16.20/SF
− Vacancy
−$1.3K −$0.81/SF
EGI
$24.7K $15.39/SF
− OpEx
−$11.1K −$6.93/SF
NOI
$13.6K $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%
$271,720
Cap Rate 7%
$194,086
Cap Rate 9%
$150,956
Alternative Uses
Best Use
Multifamily LT 5
$207.1K
$181.2K – $241.6K
NOI $14,497 @ 7.0% cap · market cap 935.29%
Second Best
Apartment 5plus
$194.1K
$169.8K – $226.4K
NOI $13,586 @ 7.0% cap · market cap 876.52%
Theoretical Best
Office A
$358.2K
$313.5K – $417.9K
NOI $25,076 @ 7.0% cap · market cap 1,617.81%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
297
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Residential income property with a practical multi-level layout, central heating and air, and in-unit washer and dryer connections.
Where is this duplex located?
The property is located at 1710 Timber View Dr Tyler, TX.
What are key features of this property?
This property features: 3/2/2 two‑story duplex configuration; 1,605 SF property built in 2009; Downstairs bedroom and bath plus two upstairs bedrooms and one bath
