Three-Bedroom Duplex with Covered
For Sale
$399,900
3960 Cottage Dr, Tyler, TX 75701
MULTI_FAMILY - Tyler, TX
Property Size2,392 SF
Lot Size0.14 Acres
Price / SF$167.18
Days on Market125
Property Features for 3960 Cottage Dr
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning description
Multi Fam Dwelling 1 St
Bedrooms
6
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 3, Bathroom 3, Bedroom 6, Bathroom 2, Bedroom 5, Bathroom 4, Bedroom 2, Bedroom 1, Bedroom 4, Bathroom 1
Parking features
Garage
Subdivision
WESTMINSTER COTTAGES
Elementary school
Clarkston
Middle school
Hubbard
High school
Tyler Legacy
Directions
From the intersection of Loop 323 & McDonald Rd, Go EAST on McDonald Road, Take a RIGHT at the dead end onto Cottage Dr, the unit will be on the RIGHT at the end of the road
Standard status
Active
Size
2,392 SF
Lot size
0.14 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
5869
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Central
Cooling system
Electric, Central Air
Water source
Public
Amenities
open concept kitchens
granite countertops
all appliances
large living spaces
fenced private yards
covered porches
washer/dryer connections
Building Details
Year built
2013
Number of units
2
Building materials
Brick Veneer, Siding
Listing Agency:
eXp Realty, LLC-Austin
(888) 519-7431
Listed By:
Richard Breeze · License #0830164
(214) 502-9887
Added: Apr 2
Changed: Aug 3
Last Checked: Aug 4 at 7:06AM
MLS# 26004669
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.
3960 Cottage Dr, Tyler, TX 75701. This 3-bedroom, 2-bath duplex includes a 1-car garage and totals 2,392 SF on a 0.14-acre lot. Constructed in 2013 with brick veneer and siding, the home is served by public water and public sewer. Heating is electric with central heating, and cooling is central air with electric service.
Inside, the duplex offers open-concept kitchens with granite countertops and all appliances. Large living spaces and bedrooms are complemented by fenced private yards and covered porches. Each garage provides washer/dryer connections for added day-to-day convenience.
The duplex is located near the Hospital District, less than a mile from UT Tyler and about two miles from TJC, supporting a practical tenant mix for residents who want to be close to campus and healthcare employers.
Inside, the duplex offers open-concept kitchens with granite countertops and all appliances. Large living spaces and bedrooms are complemented by fenced private yards and covered porches. Each garage provides washer/dryer connections for added day-to-day convenience.
The duplex is located near the Hospital District, less than a mile from UT Tyler and about two miles from TJC, supporting a practical tenant mix for residents who want to be close to campus and healthcare employers.
Key Highlights
- 3‑bedroom, 2‑bath duplex with 1‑car garage
- 2,392 SF on a 0.14‑acre lot
- Built in 2013 with brick veneer and siding
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 | $33.0k | $13.80 |
| − Vacancy | −$2.1k | −$0.90 |
| EGI | $30.9k | $12.90 |
| − OpEx | −$9.3k | −$3.87 |
| NOI | $21.6k | $9.03 |
2,392 SF · lease $13.80/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$308.6K
$270.1K – $360.1K
NOI $21,605 @ 7.0% cap · market cap 5.40%
Second Best
Apartment 5plus
$289.2K
$253.1K – $337.5K
NOI $20,247 @ 7.0% cap · market cap 5.06%
Theoretical Best
Office A
$533.9K
$467.2K – $622.9K
NOI $37,372 @ 7.0% cap · market cap 9.35%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
155
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 - Built in 2013, this electric centrally heated and cooled duplex features fenced private yards and covered porches.
Where is this duplex located?
The property is located at 3960 Cottage Dr Tyler, TX.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: 3‑bedroom, 2‑bath duplex with 1‑car garage; 2,392 SF on a 0.14‑acre lot; Built in 2013 with brick veneer and siding
