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Property profile & analytics
OFF-MARKET
Small apartment buildings

1320 Houston St Tyler, TX 75702

Built 2010
Property ID
US82-6312704
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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