
$279,900
$290,000
550 Spencer Ln, Tyler, TX, 75704
About this property
Welcome to this beautiful home in the desirable **Wellington Place** community, where modern upgrades and everyday comfort come together. Designed for easy living, this home features durable luxury vinyl plank flooring throughout the main living areas, offering both style and low-maintenance convenience. Enjoy the benefits of **owned solar panels**, helping to improve energy efficiency and reduce utility costs. Step outside to a fully fenced backyard with attractive vinyl fencing, providing privacy and a great space for entertaining, pets, or simply relaxing outdoors. Whether you're hosting family and friends or enjoying a quiet evening at home, this property offers a functional layout and thoughtful upgrades that make it move-in ready. Conveniently located in Wellington Place, you'll appreciate easy access to shopping, dining, schools, and major roadways while enjoying the charm of a welcoming neighborhood. Don't miss your opportunity to make this energy-efficient, beautifully updated home your own! HOA Fee is $165 a year
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Learn About the Market: Opportunity in Texas




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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.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Tyler
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These are Deal List properties graded A+, A.
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