12036 State Highway 64 Tyler, TX 75704
Multi-Family (2-4 Units)
MLS #: 20571800
Courtesy Of Drake Real Estate & Investment, Listed By Matthew Marshall
$2,150,000
1.19 acres
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Estimated monthly payments:
$9,398/mo.* (recalculate)
Property InformationDescription
100% occupied and newly constructed 14-unit multi-family investment opportunity on Hwy 64 just outside of Tyler's West Loop 323. Fantastic passive income opportunity in Tyler, TX. Close to many commercial retailers, Tyler High School, and Walmart Supercenter. See flyer for more details.
1 single family home, 3 duplexes, and 7 luxury cottages 9,936 leasable sqft.
New gravel driveway.
2024 Projected Financials: $188,580 Gross Annual Income; $160,880 NOI; 7.48% CAP.
100% occupied, low maintenance, turn-key, ready to cash flow.
Private entrance, mix of covered & uncovered parking pads, individual mailboxes.
15,853 Annual Average Daily Traffic.
Reach out to the agent for financial documents and more unit details.
1 single family home, 3 duplexes, and 7 luxury cottages 9,936 leasable sqft.
New gravel driveway.
2024 Projected Financials: $188,580 Gross Annual Income; $160,880 NOI; 7.48% CAP.
100% occupied, low maintenance, turn-key, ready to cash flow.
Private entrance, mix of covered & uncovered parking pads, individual mailboxes.
15,853 Annual Average Daily Traffic.
Reach out to the agent for financial documents and more unit details.
Features
- Age: New Construction, New Construction
- Amenities: Dock
- Appliances: Microwave, Range, Refrigerator
- Architecture Style: Other
- Exterior Type: Brick
- Fireplace: Fireplace
- Floor Covering: Vinyl
- Heating System: Central Furnace, Fireplace
- Lot Size: 1.19 Acres
- Roof Type: Metal
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School Information
12036 State Highway 64, Tyler, TX 75704
Elementary School
Grades PK-5 |
Public School
DIXIE ELEMENTARY SCHOOL
Tyler, TX 75704
213 Patton Ln
903.262.2040
Distance: 0.5 mi
School Rating
C+
Student:Teacher Ratio
15:1
Total Students
562
Middle School
Grades 6-8 |
Public School
BOULTER MIDDLE SCHOOL
Tyler, TX 75702
2926 Garden Valley Rd
903.262.1390
Distance: 1.7 mi
School Rating
C-
Student:Teacher Ratio
15:1
Total Students
904
High School
Grades 9-12 |
Public School
TYLER HIGH SCHOOL
Tyler, TX 75702
3535 Lion Ln
903.262.2850
Distance: 1.2 mi
School Rating
C-
Student:Teacher Ratio
15:1
Total Students
2073
| Other Nearby Schools | Distance | Type | Grades | School Rating |
|---|---|---|---|---|
| Christian Heritage School | 1.4 mi | Private | KG-12 | |
| Jones Elementary School | 1.9 mi | Public | PK-5 | C+ |
| Orr Elementary School | 2.1 mi | Public | PK-5 | D+ |
| Ramey Elementary School | 2.5 mi | Public | PK-5 | D- |
| Tyler Independent School District Early College High School | 2.6 mi | Public | 9-12 | A |
| Alvin V Anderson Rise Academy | 2.6 mi | Public | 9-12 | D |
| Premier High School Of Tyler | 2.7 mi | Public | 9-12 | D |
| All Saints Episcopal School | 2.9 mi | Private | PK-12 | |
| Peete Elementary School | 3.1 mi | Public | PK-5 | C- |
| Austin Elementary School | 3.2 mi | Public | PK-5 | C- |
| Griffin Elementary School | 3.8 mi | Public | PK-5 | C |
| Caldwell Arts Academy | 3.8 mi | Public | KG-8 | A- |
| Promise Academy | 3.9 mi | Private | KG-5 | |
| Birdwell School | 3.9 mi | Public | PK-6 | B |
| Hogg Middle School | 4.1 mi | Public | 6-8 | |
| Douglas Elementary School | 4.2 mi | Public | PK-5 | C+ |
| Good Shepherd School | 4.2 mi | Private | PK-12 |
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.
Demographic Data
Tyler, TX 75704
| Median Age: | 36.1 |
|---|---|
| Married: | 56% |
| Number of Households: | 4,370 |
| Households with Children: | 39.8% |
Tyler, TX 75704
Demographic Data
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Occupancy Types
- 0 Vacant
- 0 Owned
- 0 Rented
-
Transportation to Work
- 0 Drive
- 0 Public Transportation
- 0 Walk / Bike / Other
- 0 Work at Home
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