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Days19Days on Market
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$69,000

$79,000

508 Southgate Ave, Tyler, TX, 75702

$89,700 ARVInfo
On MarketInfo
Price DropInfo
Beds1 Beds
Baths1 Bath
Baths854 Sq Ft
price_per_sqft$80.8 / sqft
Year BuiltBuilt in 1949

Property Lead Type:

Must-SellDeal ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating ElectricHeating Electric
CoolingCooling
AppliancesNone

Exterior

Lot Size9,191 sqft

Building Information

Year Built1949
Stories1
Roof Type105
Garage Spaces1

Land Information

APN1-50000-0749-00-023000
Lot Number23
SubdivisionHerndon Hills
Land UseResidential
Legal DescriptionHERNDON HILLS BLOCK 749 LOT 23
Census Tract000100
Assessed Land Value$20,541
Assessed Improvement Value$73,007
Assessment Year2025

About this property

Opportunity awaits in the heart of Tyler with this 1-bath cottage, offering 854 sq ft of living space on a generous 0.21-acre lot. Located just minutes from Downtown Tyler, the Caldwell Zoo, and Tyler Junior College, this property provides a solid foundation for a fix-and-flip, rental, or custom renovation. With its competitive price point and prime location in the 75702 zip code, this home is a blank canvas ready for a creative transformation. Whether you are looking to build your rental portfolio or take on a rewarding restoration project, this property offers significant value-add potential in a well-connected neighborhood.

Investor Tools

$0Estimated Mortgage Balance
$93,548Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$89,700
Rent-to-Value Ratio: 0.72%
Rent Estimate
$561 /month
Positive
Cash Flow Estimate:
$187 /month

Interested in this property?

Lucian Galloway

White Line Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$172/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,591
$93,548
2025
$20,541
$73,007
$93,548
Yes (2017)

Tax History

Year
Tax Paid
Assessed Value
2025
$1,591
$93,548

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$93,548
100%
0%
$0/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.

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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508 Southgate Ave | Property Details | No Agent List