Multifamily
For Sale
Contact for pricing
3817 Mcdonald Road, Tyler, TX 75701
Constructed in 1996 for multifamily use.
Property Size1,322 SF
Price / SF$1.21
Days on Market57
Property Features for 3817 Mcdonald Road
General Information
Standard status
Active
Size
1,322 SF
Property subtype
Multi-Family
Building Details
Year Built
1996
Listing Agency:
Texas Real Estate Executives
Listed By:
Dwell Realty
(903) 574-2888
Source:
Dwell
Added: Sep 9
Changed: Nov 3
Last Checked: Nov 3 at 5:21AM
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 Texas Real Estate Executives
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Investment Insights
Based on property information with market context.
This multifamily property is located at 3815 Mcdonald Road in Tyler, TX 75701. The property has a listed size of 1322 and was built in 1996.
Key Highlights
- Built in 1996
- Listed property size of 1322
- 3815 Mcdonald Road, Tyler, TX 75701
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,190
Suggested Prices Based on Cap Rates
Cap Rate 5%
$223,800
$223.8K
Cap Rate 7%
$159,857
$159.9K
Cap Rate 9%
$124,333
$124.3K
Market Conditions
NOI Build-Up for 1,322 SF
Gross rent
$21.4K $16.20/SF
− Vacancy
−$1.1K −$0.81/SF
EGI
$20.3K $15.39/SF
− OpEx
−$9.2K −$6.93/SF
NOI
$11.2K $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%
$223,800
Cap Rate 7%
$159,857
Cap Rate 9%
$124,333
Alternative Uses
Best Use
Apartment 5plus
$159.9K
$139.9K – $186.5K
NOI $11,190 @ 7.0% cap · market cap 699.38%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$295.1K
$258.2K – $344.3K
NOI $20,655 @ 7.0% cap · market cap 1,290.94%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Location Intelligence
Trade Area within ½ mile
155
Businesses Nearby
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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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Multifamily property - Constructed in 1996 for multifamily use.
Where is this multifamily property located?
The property is located at 3817 Mcdonald Road Tyler, TX.
What are key features of this property?
This property features: Built in 1996; Listed property size of 1322; 3815 Mcdonald Road, Tyler, TX 75701
