Technical
Financial
Distress signals
Property profile

1320 Houston St Tyler, TX 75702

OFF-MARKET
Small apartment buildings
Property ID
US82-6312704
Built 2010
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Property summary

AI-generated overview

This exceptional investment opportunity presents a portfolio of three duplexes, totaling six units, located in Midtown Tyler, Texas, at 1320 E Houston St, zip code 75702. Built between 2010 and 2011, these Class B properties boast 100% occupancy and offer immediate cash flow. Each unit is currently subleased as a high-performing Airbnb, simplifying management for the new owner. The portfolio benefits from a prime location near hospitals, dining, entertainment, cultural attractions, and the new UT Tyler School of Medicine, ensuring consistent high occupancy rates. Recent improvements include new roofs on all buildings, minimizing maintenance needs. This low-maintenance, high-return investment is ideal for those seeking a stable, passive income stream in a thriving Texas market. The property is situated in Smith County and offers excellent potential for long-term growth and appreciation. The asking price for this turnkey investment is $950,000. This represents a rare opportunity to acquire a fully leased, well-maintained multifamily portfolio with minimal operational overhead.

Property profile

Verified
Property type Small apartment buildings
Year built 2010
UPID US82-6312704

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1320 Houston St Tyler, TX 75702
Tyler metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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