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$450,000   Price Analysis
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11394 FM 2661
Tyler, TX 75709
9 bed 6 bath 4,070 SqFt ($110/SqFt)
0.87 acre lot. Built 1900
Listed 2024-04-24, Taxes $2,586
USDA Eligible
near Tyler, TX
 Restrictions may apply
due to home size

Fantastic investment opportunity in Tyler TX!

This is an income producing property. This home has been divided into 8 rooms and 1 apartment. With the possibility of having another apartment in the same home. You can easily make $6, 000 a month, which is $72, 000 a year. You could rent it all or you could rent an area and make the rest of the home your homestead. This is a rare opportunity to own a piece of history that pro duces rental income and its outside the city limits but 7 miles from Walmart Supercenter, Aldi, Super One, Sams Club, Chase Bank, Walgreens, IHOP, Whataburger, Wingstop, Cascades Country Club, Lindsay Park and many more!

This property wont last long. Call your favorite realtor and schedule your showing today!


Presented by Luis Miranda at
Miller Homes Group Pllc.


Property MLS #20587216 from NTREIS

Bedrooms: 9

Total Bathrooms: 6
Full Bathrooms: 6

Eat-in Kitchen
Granite Counters
Multiple Staircases
Pantry
Walk-In Closet(s)
Flooring: Carpet, Laminate

Dishwasher
Electric Range
Microwave
Laundry Features: Washer Dryer Connections: Electric Dryer Hookup, Utility Room, Washer Hookup

Cooling Features: Central Air
Fireplace Features: Brick, Decorative, Den, Wood Burning
Heating Features: Central
Number of Fireplaces: 2

Covered Patio/Porch
Patio And Porch Features: Covered

Carport Spaces: 1
Covered Spaces: 1
Parking Features: Asphalt, Attached Carport

Lot Description: .5 to < 1 Acre
Lot Size Acres: 0.868
Lot Size Square Feet: 37810

Association: No
Calculated Total Monthly Association Fees: 0

Elementary School: Owens
High School: Tyler Legacy
Middle School: Three Lakes
School District: Tyler ISD

Three Lakes Middle is a public middle school located approximately 6.5 miles away.
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Owens Elementary School is a public elementary school located approximately 7.3 miles away.
directions icon Map directions

Tyler Legacy High School is a public high school located approximately 8.5 miles away.
directions icon Map directions

Christian Heritage School is a private elementary, middle and high school located approximately 4.1 miles away.
directions icon Map directions

Source Listing Status: Active
County: Smith
Directions: From Tyler head south on N Broadway Ave toward W Erwin St. Turn right onto TX-31 W Front St. Turn left onto FM2661 S. 11394 FM2661, Tyler, TX 75709
Source Property Type: Residential
Source Neighborhood: Athens
Parcel Number: 10000-0014-20-0003010
Subdivision: Athens
Property Subtype: Single Family Residence
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$137,080 + $10,082
$147,162
$2,586
2021$108,219 + $10,082
$118,301
$2,239
2020$108,219 + $8,775
$116,994
$2,233
2019$108,219 + $8,775
$116,994
$2,298
2018$97,010 + $8,775
$105,785
$2,144
2017$97,010 + $7,490
$104,500
$2,110
2016$95,932 + $7,490
$103,422
$2,057
2015$89,786 + $7,490
$97,276
$1,935
2014$87,407 + $7,490
$94,897
$1,888
2013$85,877 + $7,490
$93,367
$1,851
2012$84,970 + $7,490
$92,460
$1,833
2011$85,026 + $4,200
$89,226
$1,753
2010$unknown + $unknown
$89,000
$1,742
2009$unknown + $unknown
$89,000
$1,678
2008$unknown + $unknown
$89,000
$1,447
2007$unknown + $unknown
$88,660
$1,446

Listed 2024-04-24
$450,000
NTREIS

Total Square Feet Living: 4070
Year Built: 1900
Construction Materials: Construction: Wood
Levels: Two
Property Age: 124
Roof: Composition
Structure Type: Designated Historical Home, Single Detached, Vacation Home
Architectural Style: Colonial

Utilities: Septic

Security Features: Security Features: Fire Alarm, Smoke Detector(s)
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.