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$299,900

501 W Vance, Tyler, TX, 75702

On MarketInfo
Just AddedInfo
Beds5 Beds
Baths2 Bath
Baths2,000 Sq Ft
DuplexDuplex
Year BuiltBuilt in 2021

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave
FlooringVinyl

Exterior

Exterior FeaturesRain Gutters, Lighting
Lot Size8,102 sqft

Building Information

Year Built2021
Stories1
Roof Type105

Land Information

APN1-50000-0434-02-032000
Lot Number32
SubdivisionSol Katz
Land UseResidential
Legal DescriptionSOL KATZ BLOCK 434-B LOT 32
Census Tract000202
Assessed Land Value$18,355
Assessed Improvement Value$221,645
Assessment Year2025

About this property

Exceptional investment opportunity in Tyler, Texas! Built in 2021, this well-maintained duplex offers immediate cash flow with both units 100% occupied and generating monthly rental income. Featuring a combined total of 5 bedrooms and 3.5 bathrooms, this modern duplex is designed to attract and retain tenants with desirable finishes and functional layouts. Each unit offers beautiful granite countertops, spacious living areas, and convenient laundry closets. The newer construction provides peace of mind with reduced maintenance concerns and contemporary features today's renters appreciate. Conveniently located within the Douglas Elementary, Moore Middle School, and Tyler High School attendance zones, this property offers strong rental appeal in a growing East Texas market. Whether you're looking to expand your investment portfolio or secure a turnkey income-producing property, this fully leased duplex delivers immediate returns and long-term potential. Don't miss this opportunity to own a newer construction investment property in one of Tyler's most active rental markets.

Investor Tools

$195,590Estimated Mortgage Balance
$44,410Estimated Equity
18% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,799 /month
Positive
Cash Flow Estimate:
$600 /month

Interested in this property?

Karl Crawford

Keller Williams Realty-Tyler

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$440/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,083
$240,000
2025
$18,355
$221,645
$240,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,083
$240,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Austin Bank
Commercial
$215,000
No
First
Sep 9, 2021
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$195,590
$44,410
18%
81%
$1,290/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,460/mo
$1,290/mo
+$170/mo
7.3%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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.

Explore Texas Explore This Area
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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