2604 Garden Valley Rd Tyler, TX 75702
- Commercial real estate
- 32.40 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 2604 Garden Valley Rd
- Lot size
- 32.40 lot acres
- Property type
- Commercial real estate
Description
This exceptional 32.4-acre site in Tyler, Texas, presents a prime development opportunity. Strategically located adjacent to the prestigious Willow Brook Country Club and with frontage on Garden Valley Road, it enjoys high visibility and easy access. Less than a mile east of Loop 323 and under two miles from the intersection of Loop 323 and Highway 64, the property benefits from proximity to major national retailers and significant traffic flow. The site's location within the Tyler ISD is another key advantage, being near Ramey Elementary, Boulter Middle, and Tyler High Schools. Zoned PUD and R-1D, the land is platted for 120 duplex units, with the potential for single-family homes or manufactured housing on the 9.34-acre R-1D portion. Existing third-party reports and construction plans will be conveyed at closing. The property's designation as an Opportunity Zone adds further investment appeal. The asking price is $1,400,000, and seller financing with a 50% down payment may be considered for qualified buyers. Purchasers are responsible for verifying zoning, capacity, and permitted uses. Tyler's robust growth, with a 2022 population of approximately 109,286 and a July 2024 median home price of $340,000, makes this a compelling investment in a thriving East Texas market. The median price per square foot for single-family homes in July 2024 was $176.35, according to Texas Realtors.
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
- -95.331991
- Latitude
- 32.362815
