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$199,900

1723 Montrose Dr, Tyler, TX, 75701

$211,903 ARVInfo
On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,608 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$124.32 / sqft
Year BuiltBuilt in 1963

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Oven, Electric Range, Gas Water Heater, Vented Exhaust Fan
FlooringHardwood, Linoleum, Tile, Vinyl

Exterior

Exterior FeaturesRain Gutters, Lighting, Private Entrance, Private Yard, Storage
Lot Size10,934 sqft

Building Information

Year Built1963
Stories1
Roof Type105
Garage Spaces2

Land Information

APN1-50000-0972-03-006000
Lot Number6
SubdivisionHighland Terrace
Land UseResidential
Legal DescriptionHIGHLAND TERRACE BLOCK 792-C LOT 6
Census Tract001200
Assessed Land Value$36,915
Assessed Improvement Value$188,449
Assessment Year2025

About this property

Discover timeless character and generous living space in this single-story brick home in Tyler! Offering 3 bedrooms, 2 bathrooms, and approximately 1,608 square feet, the home features a landscaped front yard, an attached carport with a storage room, and an accessibility ramp. Inside, original hardwood flooring adds warmth and charm throughout several rooms and the hallway. The spacious living room is filled with natural light from large windows, while a flexible room off the dining area is currently used as a home office. The kitchen showcases charming built-ins, original pink patterned Formica countertops, and a convenient breakfast bar. The primary bedroom features new flooring and a completely remodeled en-suite bathroom with tile flooring and a walk-in shower. The secondary bathroom preserves its delightful vintage character with original pink tile flooring, a matching countertop, and a coordinating pink bathtub. Outside, the large fenced backyard provides plenty of room to relax, garden, or entertain beneath mature shade trees. Located in Tyler—the Rose Capital of America—residents can enjoy the renowned Tyler Municipal Rose Garden, historic downtown, local dining and shopping, nearby lakes, trails, parks, and year-round community events.

Investor Tools

$49,638Estimated Mortgage Balance
$202,362Estimated Equity
80% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$211,903
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,512 /month
Positive
Cash Flow Estimate:
$504 /month

Interested in this property?

Brannon Alvarez

Real Broker, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$143/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$459
$225,364
2025
$36,915
$188,449
$225,364
No

Tax History

Year
Tax Paid
Assessed Value
2025
$459
$225,364

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Alliance Bank
Conventional
$50,000
No
First
Apr 17, 2026
May 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$49,638
$202,362
80%
20%
$300/mo

City: Tyler

1723 Montrose Dr | Property Details | No Agent List