1320 Houston St Tyler, TX 75702
- Small apartment buildings
Current Use by Public Records
- Small apartment buildings
Property Details for 1320 Houston St
- Year built
- 2010
- Property type
- Small apartment buildings
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Tyler
- County
- Smith
- State
- Texas
- Longitude
- -95.284563041327
- Latitude
- 32.34392865255
