Building Details

Year Built 1976

Listing Agency: Ebby Halliday - Tyler

Listed By: Steven B Farrell · License #0588113 Show Phone

Source: Compass

Added: Mar 5 Changed: Oct 3 Last Checked: Oct 15 at 1:49AM

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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 Ebby Halliday - Tyler

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Investment Insights

Based on property information with market context.

This two-unit residential income property contains 4,478 square feet, with each side measuring 2,239 square feet. Both residences provide three bedrooms, two bathrooms, and a two-car garage, creating a consistent configuration across the duplex. The 1976 building has brick-and-wood exterior construction on a slab foundation, with central electric and central gas service. Wood-burning features are also included.

Both units are currently leased, and professional property management is in place. The property is zoned Two Family Dwelling and is located at 5704 Foxcroft Road in Tyler, Texas.

Key Highlights

• 4,478‑square‑foot duplex with two 2,239‑square‑foot sides
• Each side includes 3 bedrooms, 2 bathrooms, and a 2‑car garage
• Both units are currently under lease

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$40,446

Cap Rate

8.61%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$808,920 $808.9K

Cap Rate 7%

$577,800 $577.8K

Cap Rate 9%

$449,400 $449.4K

Is this asking price fair?

Market Conditions

NOI Build-Up for 4,478 SF

Gross rent

$61.8K $13.80/SF

− Vacancy

−$4.0K −$0.90/SF

EGI

$57.8K $12.90/SF

− OpEx

−$17.3K −$3.87/SF

NOI

$40.4K $9.03/SF

Area

Tyler, TX

Vacancy

6.50%

Lease Rate

$13.80 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$808,920

Cap Rate 7%

$577,800

Cap Rate 9%

$449,400

Alternative Uses

Best Use

Multifamily LT 5

$577.8K

$505.6K – $674.1K (±1% cap)

NOI $40,446 @ 7.0% cap · market cap 8.61%

Second Best

Apartment 5plus

$541.5K

$473.8K – $631.7K (±1% cap)

NOI $37,904 @ 7.0% cap · market cap 8.06%

Theoretical Best

Office A

$999.5K

$874.5K – $1.17M (±1% cap)

NOI $69,963 @ 7.0% cap · market cap 14.89%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage Auto Repair Shop Barber Shop Plumbing Service (Bike/Boat/Book/etc) Store Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

509

Businesses Nearby

Explore this area Business Placement

Demographics for 75703, TX

44,428

Population

20,045

Households

2.2

Avg Household Size

39

Median Age

43%

College-Educated

96%

High-School Grad

55.1 sq mi

ZIP Area

806

Density / Sq Mi

$76,347

Median Household Income

$45,301

Median Earnings

$1,262

Median Rent

$310,500

Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022

10.2% 2023

11.4% 2024

11.3% 2025

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Frequently Asked Questions

What type of property is this?

Duplex - Two leased residences offer private garages, central utilities, and professionally managed occupancy.

Where is this duplex located?

The property is located at 5704 Foxcroft Road Tyler, TX.

What is the asking price?

The asking price for this property is $470,000.

What are key features of this property?

This property features: 4,478‑square‑foot duplex with two 2,239‑square‑foot sides; Each side includes 3 bedrooms, 2 bathrooms, and a 2‑car garage; Both units are currently under lease