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Tyler 75701 Tanglewood
2216 Crestwood Drive
$258,000
● House - Off Market

2216 Crestwood Drive

Tyler, TX 75701
bedrooms
3 Beds
bathrooms
0 Bath
square feet
1,565 Ft²
$1,277
Est. Monthly

About This Property

Cute as a button in Tanglewood subdivision! This home features a host of recent updates, including newer roof, fresh interior and exterior paint, a spacious new back deck, and modern appliances like a new large stacked washer and dryer, updated dishwasher and gas range. Additional improvements include updated ceiling fans, a newer front door, energy efficient windows, and a new HVAC system. Almost everything has been refreshed to offer a move-in ready experience! OWNER FINANCE ONLY!
Unit Size
1,565 Ft²
Days on Market
-
Land Size
-
Price per sqft
$166
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1955

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 2 years ago (NTREIS #20901089)

Price History

Date / Event Date Event Price
Apr 25, 2025 Sold
Premium
Sold
Apr 4, 2025 Listed by RE/MAX Properties $260,000
Listed by RE/MAX Properties

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1970
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,080
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 840
  • Total Building Area: 1,565
  • Building Area: 1,565
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 3
  • Heated Square Feet: 1,565
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TANGLEWOOD
  • Land Acres: 0000000231
  • Standard Land Use Code: 1001
  • County Land Use Code: RESIDENC
  • Legal Description 1: TANGLEWOODBLOCK 966-E LOT 3

Neighborhood

  • School District Name: Tyler Independent School District
  • School Tax School District: CITY OF TYLER
  • School Tax District Code 2: TYLER JR. COLLE
  • Census Tract: 001300

Zoning

  • Zoning: R1A

Geography

  • Assessors Map Reference: MAP:C125
  • Account Number: R069616
  • Parcel: 1-50000-0966-05-003000
  • Block: 966-E
  • Lot: 3
  • Municipality: CITY OF TYLER
  • Latitude: 32.3256
  • Longitude: -95.2613

    Address

  • Full Address: 2216 Crestwood Dr
  • Address - House Number: 2216
  • Address - Street Name: Crestwood
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Tyler
  • Carrier Code: C022
  • 4-Digit Zip Code: 6005
  • Zip Code: 75701

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $306,356
  • Tax Rate Code Area: TYLER ISD

    Appraisal Valuation

  • Standard Deviation: 0.2543
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 64
  • Final Value: 247,788
  • High Value: 310,814
  • Low Value: 184,762

    Market Valuation

  • Market Total Value: $175,746
  • Market Land Value: $29,400
  • Market Improvement Value: $146,346

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $175,746
  • Assessed Land Value: $29,400
  • Assessed Improvements Value: $146,346

    Sales

  • Current Sale Contract Date: Mar 26, 2012
  • Current Sale Recording Date: Mar 27, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 40
  • Current Sale Input Document Number: 2012-00013645
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Tanglewood

Stats & Trends

Median Asking:

$206,000

Sale Price/ft²

$126

Below Asking

0.02%

Average Days on Market

42

Average Home Size

1374 ft²

Average Home Age

71 years

Currently For Sale

1 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 3241 Lexington Drive, Tyler, TX, 75701

$1,700 /mo

  • 2 Beds
  • 2 Baths
  • 1,050 ft²
3241 Lexington Drive, Tyler, TX, 75701 Listing by Jim Ryan

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Douglas Crutcher, RE/MAX Properties
Last Updated: 2 years ago
Data Source: NTREIS MLS, MLS# 20901089
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 2216 Crestwood Drive built and last sold?
The property at 2216 Crestwood Drive was built in 1955 and last sold on Mar 26, 2012 for $86,700.
How much is this home worth?
The estimated value of the home located at 2216 Crestwood Drive is $262,987.
What are some comparable homes to 2216 Crestwood Drive?
There are currently no comparable homes to 2216 Crestwood Drive.
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