Occupied Duplex with Enclosed
20071 Highway 69 Tyler, TX 75703
20071 Highway 69, Tyler, TX, 75703
$340,000
For Sale
$340,000
Fully occupied duplex featuring two 3-bedroom, 2-bath units with enclosed two-car garages and privacy-fenced yards.
Property Size2,890 SF
Price / SF$117.65
Days on Market10
Property Features for 20071 Highway 69
General Information
- Standard status
- Active
- Size
- 2,890 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 2002
Listing agency
Wright-Way
(903) 780-1705
Listed by
Amber Wright · License #0784483
Source
Compass
Added: Jul 13 Updated: Jul 21 at 8:39AM Checked: Jul 21 at 8:39AM
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 Wright-Way
Investment Insights
Based on property information with market context.
This fully occupied duplex is configured as two separate residential units, each offering a spacious 3-bedroom, 2-bathroom layout. The property includes an enclosed two-car garage for each side and privacy-fenced yards, providing each unit its own outdoor space.
The duplex is located at 20071 Highway 69 in Tyler, Texas 75703. It is being offered for sale as a turnkey, income-producing property.
With both sides currently occupied and each unit independently laid out with garage and yard, the property is designed to support straightforward, side-by-side rental operations.
The duplex is located at 20071 Highway 69 in Tyler, Texas 75703. It is being offered for sale as a turnkey, income-producing property.
With both sides currently occupied and each unit independently laid out with garage and yard, the property is designed to support straightforward, side-by-side rental operations.
Key Highlights
- Fully occupied duplex with two 3‑bedroom, 2‑bath units
- Each unit includes an enclosed 2‑car garage and a privacy‑fenced yard
- Built in 2002 with brick veneer construction and slab foundation
Local 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 | $39.9k | $13.80 |
| − Vacancy | −$2.6k | −$0.90 |
| EGI | $37.3k | $12.90 |
| − OpEx | −$11.2k | −$3.87 |
| NOI | $26.1k | $9.03 |
2,890 SF · lease $13.80/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$372.9K
$326.3K – $435.1K
NOI $26,103 @ 7.0% cap · market cap 7.68%
Second Best
Apartment 5plus
$349.5K
$305.8K – $407.7K
NOI $24,462 @ 7.0% cap · market cap 7.19%
Theoretical Best
Office A
$645.0K
$564.4K – $752.6K
NOI $45,153 @ 7.0% cap · market cap 13.28%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - Fully occupied duplex featuring two 3-bedroom, 2-bath units with enclosed two-car garages and privacy-fenced yards.
Where is this duplex located?
The property is located at 20071 Highway 69 Tyler, TX.
What is the asking price?
The asking price for this property is $340,000.
What are key features of this property?
This property features: Fully occupied duplex with two 3‑bedroom, 2‑bath units; Each unit includes an enclosed 2‑car garage and a privacy‑fenced yard; Built in 2002 with brick veneer construction and slab foundation
