Three-Bedroom Duplex with
For Sale
$450,000
6027 Pine Cone Lane, Tyler, TX 75707
Each residence offers a two-bath layout, attached garage, and fenced backyard.
Property Size2,950 SF
Price / SF$152.54
Days on Market249
Property Features for 6027 Pine Cone Lane
General Information
Standard status
Active
Size
2,950 SF
Total Parking Spaces
4
Property subtype
Multi-Family / Full Duplex
Amenities
Central Air, Electric
Central, Electric
Carpet, Ceramic Tile
Dishwasher, Disposal, Electric Range, Electric Water Heater, Microwave
Window Coverings
Other
No
Composition
One
Wood
Covered Patio/Porch
1
Slab
Assessor
2
Brick, Siding
Covered
Building Details
Year Built
2007
Buildings
2
Listing Agency:
McCoy Realty
(214) 793-2712
Listed By:
Steven McCoy · License #0571789
(214) 793-2712
Source:
Compass
Added: Dec 26, 2025
Changed: Aug 30
Last Checked: Aug 30 at 8:00PM
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 McCoy Realty
Investment Insights
Based on property information with market context.
This duplex includes two separate residences, each arranged with 3 bedrooms, 2 baths, and 1463 square feet of living space. Both sides feature an attached 2-car garage, a large fenced backyard, central electric air conditioning, electric heat, and covered patio or porch areas. Interior finishes include carpet and ceramic tile, with each kitchen equipped with a dishwasher, disposal, electric range, electric water heater, and microwave.
The property is located in South Tyler just off E Grande Blvd and is zoned TOP. It is served by Whitehouse Independent School District. Recent property improvements include a roof, water heaters carrying a lifetime warranty, and newer HVAC systems with 12-year parts and labor warranties.
The property is located in South Tyler just off E Grande Blvd and is zoned TOP. It is served by Whitehouse Independent School District. Recent property improvements include a roof, water heaters carrying a lifetime warranty, and newer HVAC systems with 12-year parts and labor warranties.
Key Highlights
- Two duplex residences, each with 3 bedrooms, 2 baths, and 1463 square feet of living space
- Attached 2‑car garage for each side
- Large fenced backyard serving the duplex
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$26,645
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.92%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$532,900
$532.9K
Cap Rate 7%
$380,643
$380.6K
Cap Rate 9%
$296,056
$296.1K
Market Conditions
NOI Build-Up for 2,950 SF
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.
Gross rent
$40.7K $13.80/SF
− Vacancy
−$2.6K −$0.90/SF
EGI
$38.1K $12.90/SF
− OpEx
−$11.4K −$3.87/SF
NOI
$26.6K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$532,900
Cap Rate 7%
$380,643
Cap Rate 9%
$296,056
Alternative Uses
Best Use
Multifamily LT 5
$380.6K
$333.1K – $444.1K
NOI $26,645 @ 7.0% cap · market cap 5.92%
Second Best
Apartment 5plus
$356.7K
$312.1K – $416.2K
NOI $24,970 @ 7.0% cap · market cap 5.55%
Theoretical Best
Office A
$658.4K
$576.1K – $768.2K
NOI $46,090 @ 7.0% cap · market cap 10.24%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
104
Businesses Nearby
Explore this area
Business Placement
Demographics for 75707, TX
16,620
Population
6,858
Households
2.4
Avg Household Size
42
Median Age
34%
College-Educated
92%
High-School Grad
52.4 sq mi
ZIP Area
317
Density / Sq Mi
$85,406
Median Household Income
$44,425
Median Earnings
$1,415
Median Rent
$256,300
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Each residence offers a two-bath layout, attached garage, and fenced backyard.
Where is this duplex located?
The property is located at 6027 Pine Cone Lane Tyler, TX.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Two duplex residences, each with 3 bedrooms, 2 baths, and 1463 square feet of living space; Attached 2‑car garage for each side; Large fenced backyard serving the duplex
