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$287,000

NAL Estimated Property Value

1520 E Hankerson St, Tyler, TX, 75701

Off MarketInfo
Beds5 Beds
Baths3 Bath
Baths2,420 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$115.7 / sqft
Year BuiltBuilt in 1954

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Range, Dishwasher, Disposal
FlooringTile, Vinyl

Exterior

Lot Size10,498 sqft

Building Information

Year Built1954
Stories1
Roof Type105

Land Information

APN1-50000-0657-00-065000
Lot Number65
SubdivisionEllis Korkmas
Land UseResidential
Legal DescriptionELLIS KORKMAS BLOCK 657 LOT 65
Census Tract001200
Assessed Land Value$35,550
Assessed Improvement Value$241,662
Assessment Year2025

About this property

Check out this lovely property with updates and new roof and already producing income! INVESTOR'S delight! This spacious5 bedroom, 3 full bath home offers a comfortable central living area that flows into a casual dining area. The home is accented by beautiful hardwood flooring in the living, dining and secondary bedroom areas. The spacious master bedroom offers privacy, a gorgeous picture window, private entrance to back deck, an ensuite bath, walk-in closet and sitting area -plus the master suite has its own AC to keep you cool and comfy! With 4 more large bedrooms, this property offers so much space and versatility. The garage conversion with a closet could easily be a bedroom, 2nd living, or game, exercise, home office, guest room, etc. Prime location with easy access to downtown Tyler, TJC, UTTyler, the medical complex.

Investor Tools

Property Icon
$287,000
Estimated Property Value
$206,538Estimated Mortgage Balance
$80,830Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,722 /month
Positive
Cash Flow Estimate:
$574 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$513/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,716
$277,212
2025
$35,550
$241,662
$277,212
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,716
$277,212

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$221,250
No
First
Sep 12, 2022
Nov 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$206,538
$80,462
28%
72%
$1,327/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Tyler

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