7108 Timber View Dr, Tyler, TX 75703

$400,000

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List Price
$400,000
MLS#
26014428
Status
ACTIVE
City
Tyler
Subdivision
Timber Creek

Property Description

Excellent investment opportunity with rental income growth potential in a desirable Tyler location! This well-appointed duplex offers 3,210 total square feet, featuring two spacious 1,605-square-foot residences, each with 3 bedrooms, 2 bathrooms, a downstairs primary suite, fireplace, attached garage with direct interior access, and private fenced backyard. Located approximately 4 miles from the University of Texas at Tyler, this property combines an attractive residential setting with convenient access to shopping, dining, medical facilities, and major employment centers. One unit is currently leased at $1,450 per month, providing immediate rental income, while the second unit is vacant and currently offered for lease at $1,550 per month. With spacious floor plans, desirable amenities, and rental rates that may offer room for future growth, this property presents an opportunity for investors to evaluate increased income potential as leases turn over and market conditions allow. The vacant unit also offers flexibility for an owner-occupant interested in house hacking, living in one residence while collecting rental income from the other. Both units feature functional layouts with comfortable living spaces and sought-after amenities. One residence offers newer luxury vinyl plank flooring, while the other features tile flooring. Individual garages, private fenced backyards, and separate utilities enhance the property's appeal, while the absence of an HOA provides additional ownership flexibility. Whether you're expanding an existing rental portfolio, seeking a multifamily investment with value-add potential through rental optimization, or exploring owner-occupied investment opportunities, this East Tyler duplex offers an appealing combination of location, existing income, and future potential. Don't miss the opportunity to add this versatile income-producing property to your portfolio!

Additional Information

Taxes
$6,027
Cooling
Central Air, Ceiling Fan(s)
Heating
Central, Fireplace
Sewer
Public Sewer
Elementary School
Whitehouse - Stanton-Smith
Middle School
Whitehouse
High School
Whitehouse

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Listing Courtesy of: with Keller Williams Realty-Tyler. annel@kw.com

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) of the Greater Tyler Association of REALTORS Multiple Listing Service. The IDX logo indicates listings of other real estate firms that are identified in the detailed listing information. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information is deemed reliable, but not guaranteed.