Built-to-Rent Single-Family Home
4344 Macnab Drive Tyler, TX 75707
4344 Macnab Drive, Tyler, TX, 75707
$1,048,500
For Sale
$1,048,500
MULTI_FAMILY - Tyler, TX
Property Size5,700 SF
Price / SF$183.95
Days on Market67
Property Features for 4344 Macnab Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Triplex
- Bedrooms
- 12
- Bathrooms
- 9
- Rooms
- Bathroom 2, Bathroom 1, Bathroom 9, Bathroom 7, Bedroom 7, Bathroom 4, Bedroom 11, Bedroom 8, Bedroom 4, Bedroom 3, Bedroom 5, Bedroom 10, Bedroom 12, Bedroom 2, Bathroom 3, Bathroom 6, Bedroom 1, Bedroom 6, Bedroom 9, Bathroom 8, Bathroom 5
- Parking features
- Garage
- Security features
- Security
- Patio and Porch features
- Patio
- Interior features
- Ceiling Fan, Cable TV, Blinds, Smoke Alarm
- Exterior features
- Security Gate, Patio Covered, Sprinkler System, Gutter(s)
- Fencing
- Gate, Wood
- Appliances
- Range/Oven-Gas, Dishwasher, Disposal, Microwave, Refrigerator, Ice Machine, Island
- Standard status
- Active
- Size
- 5,700 SF
Taxes and HOA fees
- Tax Year
- 2024
Utilities
- Heating system
- Electric (Heating), Central
- Cooling system
- Central Air, Electric
Building Details
- Year built
- 2024
- Floors in Building
- 2
- Number of units
- 3
- Flooring type
- Vinyl
- Building materials
- Stone/Rock, Brick and Stone
- Roof type
- Composition
Listing Agency
Drake Real Estate & Investments
(903) 581-3737
11621 CR 166, Tyler, TX
Listed by
Jeremy Caruthers · License #0627529
(903) 581-3737
Added: May 14 Checked: Jul 19 at 9:06 pm
MLS# 25015466
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.
Investment Insights
Based on property information with market context.
This for-sale package includes three newly constructed single-family detached homes within a Built-to-Rent community. Each home is configured with four bedrooms, two-and-a-half bathrooms, and a two-car garage. Interior highlights noted in the offering include an open-floor concept downstairs, modern interior design, energy efficient appliances, granite or quartz countertops, and stainless steel kitchen appliances. The community also includes access to a private dog park for residents.
The property is located at 4344 Macnab Drive in Tyler, Texas (75707), within Smith County. The homes are described as being in a quiet, gated community near UT Tyler.
For buyers looking for a small multi-home platform, this package provides three separate detached residences designed for rental use as part of a Built-to-Rent environment. The mix of open layouts, updated kitchen finishes, and in-home amenities such as energy efficient appliances and a two-car garage supports day-to-day tenant needs. The inclusion of a private dog park can be an additional draw for pet-owning households within the community.
The property is located at 4344 Macnab Drive in Tyler, Texas (75707), within Smith County. The homes are described as being in a quiet, gated community near UT Tyler.
For buyers looking for a small multi-home platform, this package provides three separate detached residences designed for rental use as part of a Built-to-Rent environment. The mix of open layouts, updated kitchen finishes, and in-home amenities such as energy efficient appliances and a two-car garage supports day-to-day tenant needs. The inclusion of a private dog park can be an additional draw for pet-owning households within the community.
Key Highlights
- Package includes three newly constructed built‑to‑rent single‑family detached homes
- Each home features 4 bedrooms, 2.5 bathrooms, and a 2‑car garage
- Year built 2024 with stone/rock and brick‑and‑stone exterior materials
Local Financial Insights For Apartment 5plus
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 | $92.3k | $16.20 |
| − Vacancy | −$4.6k | −$0.81 |
| EGI | $87.7k | $15.39 |
| − OpEx | −$39.5k | −$6.93 |
| NOI | $48.2k | $8.46 |
5,700 SF · lease $16.20/SF/yr · vacancy 5.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$689.3K
$603.1K – $804.1K
NOI $48,248 @ 7.0% cap · market cap 4.60%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.27M
$1.11M – $1.48M
NOI $89,055 @ 7.0% cap · market cap 8.49%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Single family properties
Similar For Sale Nearby
FAQs
What type of property is this?
Single family property - Three newly constructed detached homes in a gated Built-to-Rent community, each offering modern finishes and a two-car garage.
Where is this single family property located?
The property is located at 4344 Macnab Drive Tyler, TX.
What is the asking price?
The asking price for this property is $1,048,500.
What are key features of this property?
This property features: Package includes three newly constructed built‑to‑rent single‑family detached homes; Each home features 4 bedrooms, 2.5 bathrooms, and a 2‑car garage; Year built 2024 with stone/rock and brick‑and‑stone exterior materials
