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Tyler 75701
2844 Emily Lane
$155,000
● House - Off Market

2844 Emily Lane

Tyler, TX 75701
bedrooms
3 Beds
bathrooms
0 Bath
square feet
1,403 Ft²
$185,487
RealtyHop Estimate
3.05%
Since Apr 1, 2023
National-US
Primary Model

About This Property

Knock knock! That's opportunity for this home! Located right in the heart of Tyler TX! 3bedroom 2 bath in a quiet neighborhood, perfect investment opportunity.
Unit Size
1,403 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$128
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1960

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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: 3 years ago (NTREIS #20266092)

Price History

Date / Event Date Event Price
Mar 10, 2023 Sold
Premium
Sold
Feb 24, 2023 Listed by Texas Real Estate Executives $180,000
Listed by Texas Real Estate Executives

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1976
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • 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: 7
  • Garage Square Area: 440
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,100
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 650
  • Total Building Area: 1,403
  • Building Area: 1,403
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 3
  • Heated Square Feet: 1,403
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ROLLING HILLS
  • Land Acres: 0000000209
  • Standard Land Use Code: 1001
  • County Land Use Code: RESIDENC
  • Legal Description 1: ROLLING HILLSBLOCK 1081-S LOT 8

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: 001803

Zoning

  • Zoning: R1A

Geography

  • Assessors Map Reference: MAP:C141A
  • Account Number: R073265
  • Parcel: 1-50000-1081-19-008000
  • Block: 1081-S
  • Lot: 8
  • Municipality: CITY OF TYLER
  • Latitude: 32.314
  • Longitude: -95.2619

    Address

  • Full Address: 2844 Emily Ln
  • Address - House Number: 2844
  • Address - Street Name: Emily
  • Address - Suffix Type: Ln
  • State: TX
  • City Name: Tyler
  • Carrier Code: C025
  • 4-Digit Zip Code: 7421
  • Zip Code: 75701

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $351,007
  • Tax Rate Code Area: TYLER ISD

    Appraisal Valuation

  • Standard Deviation: 0.2781
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 60
  • Final Value: 223,306
  • High Value: 285,422
  • Low Value: 161,190

    Market Valuation

  • Market Total Value: $201,361
  • Market Land Value: $19,962
  • Market Improvement Value: $181,399

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $201,361
  • Assessed Land Value: $19,962
  • Assessed Improvements Value: $181,399

    Sales

  • Current Sale Contract Date: Mar 13, 2023
  • Current Sale Recording Date: Mar 14, 2023
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 6837
  • Previous Sale Recording Date: Mar 20, 2009
  • Previous Sale Contract Date: Mar 19, 2009
  • Previous Sale Amount: $89,600
  • Previous Sale Document Type: 70
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 Tyler

Stats & Trends

Median Asking:

$379,500

Sale Price/ft²

$175

Below Asking

0.03%

Average Days on Market

87

Average Home Size

2311 ft²

Average Home Age

33.5 years

Currently For Sale

138 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

$1,650 /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: Heather Kelly, Texas Real Estate Executives
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20266092
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 2844 Emily Lane built and last sold?
The property at 2844 Emily Lane was built in 1960 and last sold on Mar 13, 2023 for $0.
How much is this home worth?
The estimated value of the home located at 2844 Emily Lane is $0.
What are some comparable homes to 2844 Emily Lane?
There are currently no comparable homes to 2844 Emily Lane.
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