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$65,000

3709 Paluxy Drive, Tyler, TX, 75703

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About this property

Prime corner lot opportunity located at the highly visible intersection of S SE Loop 323 and Paluxy Drive. Currently zoned residential, the property offers the perfect setting to build a home near top rated public schools and T.K. Gorman private school, all within one mile. With its excellent exposure and high traffic location, this lot also presents the potential to request a zoning change for commercial use through the City of Tyler. Enjoy unbeatable convenience with Starbucks, 7Brew Coffee, Crunch Fitness, Walmart, Super-One, Texas Roadhouse, Chick-fil-A, medical clinics, and much more all within walking distance. Survey is in hand, lot is cleared and ready to build. Whether for a beautiful new residence or an investment opportunity with commercial potential, this corner lot is full of possibilities!

Investor Tools

$0Estimated Mortgage Balance
$65,000Estimated Equity
100% equity
Estimated Cap Rate
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$390 /month
Positive
Cash Flow Estimate:
$130 /month

Interested in this property?

Hilayallith Gama

Keller Williams Realty-Tyler

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Financing Details

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

City: Tyler

3709 Paluxy Drive | Property Details | No Agent List