Duplex with Brick
New
For Sale
$500,000
614 Woodland Hills Dr., Tyler, TX 75701
Residential Income, Tyler, TX
Property Size3,380 SF
Price / SF$147.93
Days on Market4
Property Features for 614 Woodland Hills Dr.
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 4, Bathroom 4, Bathroom 1, Bedroom 2, Bathroom 3, Bedroom 1, Bedroom 3, Bathroom 2
Parking features
Garage
Fireplace
1
Subdivision
Oakleigh Meadows
Elementary school
Woods
Middle school
Hubbard
High school
Tyler Legacy
Directions
Loop 323 and Broadway in Tyler, head west on Loop 323. Right onto Old Bullard Road. Left onto Woodland Hills Dr. Property will be on your left, sign in yard.
Standard status
Active
Size
3,380 SF
Taxes and HOA fees
Tax Year
2026
Tax Description
BLOCK 1297 LOTS 16, 16A Oakleigh Meadows
Tax Annual Amount
5515
Legal Description
BLOCK 1297 LOTS 16, 16A Oakleigh Meadows
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air, Electric
Building Details
Year built
1979
Number of units
2
Flooring type
Tile - Ceramic, Wood
Building materials
Brick
Listing Agency:
Ebby Halliday - Tyler
(903) 581-4141
Listed By:
Karin Miller · License #0663511
(903) 780-6899
Added: Oct 29
Changed: Oct 31
Last Checked: Nov 1 at 6:06PM
MLS# 26014572
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.
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Investment Insights
Based on property information with market context.
This brick duplex contains two residences, each offering 1,690 square feet, two bedrooms, and two full bathrooms. Both sides feature vaulted living rooms with brick fireplaces, dining areas with built-in cabinetry, and updated kitchens with granite counters, center islands, stainless steel appliances, and substantial cabinet storage. Dedicated laundry rooms and attached garage parking serve the units. A Class 4 hail-resistant roof was installed two years ago.
The property provides access to Loop 323 and Broadway Avenue. Downtown Tyler, the Brick Streets District, shopping, restaurants, and major hospitals are described as minutes away.
The property provides access to Loop 323 and Broadway Avenue. Downtown Tyler, the Brick Streets District, shopping, restaurants, and major hospitals are described as minutes away.
Key Highlights
- Two residences, each with 1,690 square feet, 2 bedrooms, and 2 bathrooms
- 3,380‑square‑foot duplex with 4 bedrooms and 4 bathrooms total
- Vaulted living rooms and brick fireplaces in both residences
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,528
Cap Rate
6.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$610,560
$610.6K
Cap Rate 7%
$436,114
$436.1K
Cap Rate 9%
$339,200
$339.2K
Market Conditions
NOI Build-Up for 3,380 SF
Gross rent
$46.6K $13.80/SF
− Vacancy
−$3.0K −$0.90/SF
EGI
$43.6K $12.90/SF
− OpEx
−$13.1K −$3.87/SF
NOI
$30.5K $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%
$610,560
Cap Rate 7%
$436,114
Cap Rate 9%
$339,200
Alternative Uses
Best Use
Multifamily LT 5
$436.1K
$381.6K – $508.8K
NOI $30,528 @ 7.0% cap · market cap 6.11%
Second Best
Apartment 5plus
$408.7K
$357.6K – $476.8K
NOI $28,610 @ 7.0% cap · market cap 5.72%
Theoretical Best
Office A
$754.4K
$660.1K – $880.1K
NOI $52,808 @ 7.0% cap · market cap 10.56%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,098
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two mirrored residences combine vaulted living rooms, updated kitchens, and attached garage parking.
Where is this duplex located?
The property is located at 614 Woodland Hills Dr. Tyler, TX.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Two residences, each with 1,690 square feet, 2 bedrooms, and 2 bathrooms; 3,380‑square‑foot duplex with 4 bedrooms and 4 bathrooms total; Vaulted living rooms and brick fireplaces in both residences
