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Brick Duplex with Garage Parking
For Sale
$349,000

8310/8312 Garrett Dr, Tyler, TX 75703

MULTI_FAMILY - Tyler, TX

Property Size2,425 SF
Price / SF$143.92
Days on Market99

Property Features for 8310/8312 Garrett Dr

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning description Two Family Dwelling
Bedrooms 5
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 3, Bedroom 2, Bathroom 4, Bedroom 3, Bedroom 5, Bedroom 4, Bathroom 2, Bathroom 1, Bedroom 1
Parking features Garage
Fireplace 1
Subdivision Garrett Acres
Elementary school Rice
Middle school Hubbard
High school Tyler Legacy
Directions From South Broadway and Robert E Lee, go East on Robert E Lee to Left on McClenny to Right Garrett. Duplex will be on your left.
Standard status Active
Size 2,425 SF

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 6110

Utilities

Sewer type Public Sewer
Heating system Central, Electric (Heating)
Cooling system Ceiling Fan(s), Electric, Central Air
Water source Public

Building Details

Year built 1982
Floors in Building 1
Number of units 2
Flooring type Tile - Ceramic, Carpet
Building materials Brick Veneer
Roof type Composition
Listing Agency: Realty One Group Rose
Listed By: Chris Phillips · License #0590270
Added: Apr 28 Changed: Aug 4 Last Checked: Aug 4 at 6:06AM
MLS# 26005578

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 duplex includes two separate rental units within one brick-veneer building. One side offers three bedrooms and two bathrooms, while the other side offers two bedrooms and two bathrooms. The property features a composition roof, a mix of tile-ceramic and carpet flooring, and a fireplace. Heating is central electric and cooling includes central air with ceiling fans.

Parking is provided via a garage. Utilities are supported by public water and public sewer services.

Built in 1982, the property totals 2,425 SF and is currently occupied by long-term tenants.

Key Highlights

  • Duplex with two rental units: three‑bedroom/two‑bath and two‑bedroom/two‑bath
  • 2,425 SF total building size
  • Brick veneer construction with composition roof

Financial Insights For Multifamily LT 5

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 $33.5k $13.80
− Vacancy −$2.2k −$0.90
EGI $31.3k $12.90
− OpEx −$9.4k −$3.87
NOI $21.9k $9.03
2,425 SF · lease $13.80/SF/yr · vacancy 6.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$312.9K
$273.8K – $365.1K (±1% cap)
NOI $21,903 @ 7.0% cap · market cap 6.28%
Second Best
Apartment 5plus
$293.2K
$256.6K – $342.1K (±1% cap)
NOI $20,526 @ 7.0% cap · market cap 5.88%
Theoretical Best
Office A
$541.3K
$473.6K – $631.5K (±1% cap)
NOI $37,888 @ 7.0% cap · market cap 10.86%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage Building Supply Daycare Center Plumbing Service Law Firm Barber Shop

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

Lease Details

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

58
Businesses Nearby

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Brick duplex in Tyler with garage parking, central electric HVAC, and long-term tenants in both units.
Where is this duplex located?
The property is located at 8310/8312 Garrett Dr Tyler, TX.
What is the asking price?
The asking price for this property is $349,000.
What are key features of this property?
This property features: Duplex with two rental units: three‑bedroom/two‑bath and two‑bedroom/two‑bath; 2,425 SF total building size; Brick veneer construction with composition roof
More about this property
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