1320 Houston St Tyler, TX 75702
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.