Occupied Duplex with New
For Sale
$224,900
Pending
1908/1910 Donnybrook, Tyler, TX 75701
Residential Income, Tyler, TX
Property Size1,352 SF
Days on Market104
Property Features for 1908/1910 Donnybrook
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Parking features
Carport
Subdivision
LONG ACRES
Elementary school
Woods
Middle school
Hubbard
High school
Tyler Legacy
Directions
From downtown Tyler, take Broadway south for 1.4 miles. Turn left on 5th st. Turn right onto Donnybrook. The property will be on your left.
Standard status
Pending
Size
1,352 SF
Taxes and HOA fees
Tax Year
2026
Tax Description
BLOCK 786 LOT 27 LONG ACRES
Tax Annual Amount
3620
Legal Description
BLOCK 786 LOT 27 LONG ACRES
Utilities
Heating system
Heat Pump (Heating)
Cooling system
Central Air, Electric
Building Details
Year built
1948
Number of units
2
Building materials
Frame
Listing Agency:
Leslie Cain Realty, LLC
(903) 594-8721
Listed By:
Ken Sheppa · License #0701586
(903) 736-0873
Added: May 18
Changed: Aug 21
Last Checked: Aug 29 at 8:06PM
MLS# 26007068
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.
Investment Insights
Based on property information with market context.
This frame duplex at 1908/1910 Donnybrook in Tyler contains two occupied residential units totaling 1,352 square feet. The property was built in 1948 and has a newly replaced roof, central air, electric cooling, and heat pump heating. Carport parking is included.
The property is located near Tyler’s Azalea Trail and within reach of shopping, dining, hospitals, schools, and downtown Tyler. Its two-unit configuration provides a straightforward multifamily layout with occupancy already in place.
The property is located near Tyler’s Azalea Trail and within reach of shopping, dining, hospitals, schools, and downtown Tyler. Its two-unit configuration provides a straightforward multifamily layout with occupancy already in place.
Key Highlights
- Two occupied units with 1,352 total square feet
- Newly replaced roof
- Frame construction; built in 1948
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$12,211
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.43%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$244,220
$244.2K
Cap Rate 7%
$174,443
$174.4K
Cap Rate 9%
$135,678
$135.7K
Market Conditions
NOI Build-Up for 1,352 SF
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.
Gross rent
$18.7K $13.80/SF
− Vacancy
−$1.2K −$0.90/SF
EGI
$17.4K $12.90/SF
− OpEx
−$5.2K −$3.87/SF
NOI
$12.2K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$244,220
Cap Rate 7%
$174,443
Cap Rate 9%
$135,678
Alternative Uses
Best Use
Multifamily LT 5
$174.4K
$152.6K – $203.5K
NOI $12,211 @ 7.0% cap · market cap 5.43%
Second Best
Apartment 5plus
$163.5K
$143.1K – $190.7K
NOI $11,444 @ 7.0% cap · market cap 5.09%
Theoretical Best
Office A
$301.8K
$264.0K – $352.1K
NOI $21,123 @ 7.0% cap · market cap 9.39%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
924
Businesses Nearby
Explore this area
Business Placement
Demographics for 75701, TX
34,502
Population
14,630
Households
2.4
Avg Household Size
35
Median Age
29%
College-Educated
89%
High-School Grad
14.1 sq mi
ZIP Area
2,447
Density / Sq Mi
$62,091
Median Household Income
$29,448
Median Earnings
$1,250
Median Rent
$190,500
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two occupied units offer an established residential rental configuration with central air, electric cooling, and carport parking.
Where is this duplex located?
The property is located at 1908/1910 Donnybrook Tyler, TX.
What is the asking price?
The asking price for this property is $224,900.
What are key features of this property?
This property features: Two occupied units with 1,352 total square feet; Newly replaced roof; Frame construction; built in 1948
