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    Duplex with Fenced Private Yards Title is generated by Realmo AI

    3960 Cottage Dr, Tyler, TX 75701

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    Claim this Listing
    For Sale
    $399,900

    MULTI_FAMILY - Tyler, TX

    Property size:
    2,392 SF
    Lot size:
    0.14 Acres
    Price / SF:
    $167/SF
    Added:
    Apr 2, 2026
    Days on Market:
    77
    Last Refresh:
    Jun 17 at 7:06 pm

    Property Features for 3960 Cottage Dr

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    6
    Bathrooms
    4
    Rooms
    Bathroom 1, Bedroom 5, Bedroom 1, Bedroom 3, Bedroom 6, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 4, Bedroom 2
    Parking features
    Garage
    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
    Central Air, Electric
    Water source
    Public

    Building Details

    Year built
    2013
    Number of units
    2
    Building materials
    Brick Veneer, Siding

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    Listing Contact
    Richard Breeze

    Listing agent Richard Breeze License #0830164

    Listing office eXp Realty, LLC-Austin 9600 Great Hills Trail Ste 150W, Austin, TX

    Listing date Apr 2, 2026

    MLS# 26004669 Listing URL

    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.

    HighLights

    • Duplex described as 3 bedrooms and 2 baths with a 1‑car garage per unit
    • Up to 6 bedrooms and 4 bathrooms listed in the room breakdown
    • Open‑concept kitchens with granite countertops and all appliances included
    • Fenced private yards with covered porches and washer/dryer connection hookups
    • Central heating and central air (electric), with public water and public sewer
    • Year built 2013; located near the Hospital District, less than 1 mile from UT Tyler and about 2 miles from TJC

    Overview

    This duplex includes two separate residences, each with three bedrooms and two bathrooms, plus a one-car garage. Interiors are described as open-concept, with kitchens that include granite countertops and all appliances. Living spaces and bedrooms are sized for comfortable day-to-day use, and each unit is set up with washer/dryer connections. Outside, the property offers fenced private yards and covered porches, giving residents enclosed outdoor space attached to the home.

    The property is located at 3960 Cottage Dr in Tyler, TX 75701. The public remarks note it is near the Hospital District, less than a mile from UT Tyler, and about two miles from TJC, placing it within reach of major nearby employers and campuses.

    As a for-sale income-oriented property, this duplex is suited to buyers seeking a manageable residential asset with repeatable unit features across both sides. With furnished-in-place amenities noted in the remarks—such as appliances, granite countertop kitchens, fenced yards, and laundry connections—each unit is designed to support straightforward leasing and resident convenience.

    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 $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 (±1% cap)
    NOI $21,605 @ 7.0% cap · market cap 5.40%
    Second Best
    Apartment 5plus
    $289.2K
    $253.1K – $337.5K (±1% cap)
    NOI $20,247 @ 7.0% cap · market cap 5.06%
    Theoretical Best
    Office A
    $533.9K
    $467.2K – $622.9K (±1% cap)
    NOI $37,372 @ 7.0% cap · market cap 9.35%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Tyler
    County
    Smith
    State
    Texas
    Longitude
    -95.246958
    Latitude
    32.322555

    FAQs

    What type of property is this?
    Duplex - For sale duplex featuring two 3-bedroom units with fenced yards, covered porches, and in-unit washer/dryer connections.
    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: Duplex described as 3 bedrooms and 2 baths with a 1‑car garage per unit; Up to 6 bedrooms and 4 bathrooms listed in the room breakdown; Open‑concept kitchens with granite countertops and all appliances included
    More about this property
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