Tyler Land Near UT
For Sale
Under Contract
$1,700,000
3980 McDonald Road, Tyler, TX 75701
LAND - Tyler, TX
Property SizeContact for details
Lot Size18.96 Acres
Days on Market81
Property Features for 3980 McDonald Road
General Information
Property type
Land
Property subtype
Other
Zoning description
PMF - Planned Multifamily
Vegetation
Cleared
Subdivision
TEXAS STUDENT HOUSING ADDN
Lot features
Acreage, Cleared, Interior Lot, Irregular Lot
Elementary school
Chapelhill
Middle school
Chapelhill,Kissam
High school
Chapelhill
Elementary school district
Chapel Hill ISD
Middle school district
Chapel Hill ISD
High school district
Chapel Hill ISD
Directions
From the intersection of Old Omen Rd and McDonald Rd., head east on McDonald Rd. In about 0.37 miles, property will be on the left at the end of McDonald Rd.
Standard status
Active Under Contract
APN
R205446
Lot size
18.96 Acres
Utilities
Water source
Public
Listing Agency:
Drake Real Estate
(903) 581-3737
Listed By:
Matthew Marshall · License #75703
(903) 581-3737
Added: Jun 6
Changed: Aug 12
Last Checked: Aug 25 at 7:06AM
MLS# 21165877
Copyright © 2026 North Texas Real Estate Information Systems, Inc. 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 18.96-acre land parcel is located in southeast Tyler, approximately 0.3 miles from UT Tyler. According to the City of Tyler’s Unified Development Code, the maximum density allowable for the subject property would be 455 units. Confirmation from the City of Tyler’s Planning and Zoning Department should be acquired if specific reliance is required. The property is located within the Chapel Hill Independent School District. City services are available. The best use of this property would be for multi-family residential development, perfect for student housing. Dirt work is substantially completed.
Key Highlights
- Multi‑family residential development potential.
- Proximity to UT Tyler (0.3 miles), ideal for student housing.
- High density allowance (up to 455 units, subject to city confirmation).
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
151
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Land - 18.96 acres suitable for multi-family development near UT Tyler.
Where is this land located?
The property is located at 3980 McDonald Road Tyler, TX.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: Multi‑family residential development potential.; Proximity to UT Tyler (0.3 miles), ideal for **student housing**.; High density allowance (up to 455 units, subject to city confirmation).
