2516 Canton St, Tyler, TX 75702

$159,900
4
BD
2
BA
1,300
SqFt

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List Price
$159,900
MLS#
26012548
Status
ACTIVE
Style
Traditional
Levels
One
City
Tyler
Subdivision
LAKE PARK HEIGHTS
Bedrooms
4
Full Bathrooms
2
Living Area
1,300

Property Description

Investor opportunity in a prime location right off Gentry Parkway, providing quick and easy access to the entire city! This spacious 4 bedroom, 2 bathroom home is currently tenant-occupied with long-term renters in place, allowing a new owner to step in and immediately start cash flowing. The home does need some TLC, making it a great value-add opportunity for an investor looking to renovate, increase rents, and maximize returns. But here’s where the real upside is… This property includes TWO additional lots, for a total of THREE lots being sold together. Whether you choose to: • Build new construction homes • Develop and sell off the extra lots • Hold for future appreciation • Or create a small rental portfolio on one site The development potential adds serious long-term value. With a new boundary survey, the lots would be ready for your vision. Whether you're looking for steady rental income, a flip opportunity, or future development, this property gives you multiple exit strategies. Come run your numbers and let’s make a deal.

Additional Information

Taxes
$1,719
Cooling
None
Heating
None
Water
Public
Sewer
Public Sewer
Elementary School
Ramey
Middle School
Boulter
High School
Tyler High

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Calculator source: Real Geeks

Listing Courtesy of: with Mora Realty Group, LLC. maugnomora0@gmail.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.