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Tyler 75701 University Place
3108 Varsity Drive
Photo of 3108 Varsity Drive

37

Map

Photo of 3108 Varsity Drive
Photo of 3108 Varsity Drive
$305,000
↓ $5K (1.6%)
● House - For Sale

3108 Varsity Drive

Tyler, TX 75701
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,041 Ft²
$1,837
Est. Monthly

About This Property

Welcome to 3108 Varsity Dr! Located in Chapel Hill ISD, this charming 3-bedroom, 2-bath home features an open living area with abundant natural light and a beautiful brick gas fireplace. Recent upgrades include a new roof (2024), new water heater (2024), updated hall bath fixtures, fresh interior paint throughout, and improved drainage grading along the back patio. The primary suite offers a luxurious soaking tub, separate shower, and double walk-in closets. Enjoy outdoor living on the covered patio within a fully fenced backyard with a sprinkler system. Refrigerator, washer, and dryer convey with the home!
Unit Size
2,041 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$149
Property Type
House
Property Taxes
$339
HOA Dues
-
Year Built
1992

Listed By

Diana Zamora
Diana Zamora
[email protected]
Quality Choice Solutions, LLC

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 16 days ago (NTREIS #21349028)

Price History

Date / Event Date Event Price
Sep 19, 2026 Price Decreased $305,000
↓ $5K (1.6%)
Price Decreased
Aug 24, 2026 Price Decreased $310,000
↓ $5K (1.6%)
Price Decreased
Jul 24, 2026 Listed by Quality Choice Solutions, LLC $315,000
Listed by Quality Choice Solutions, LLC

Property Highlights

Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Parking Features: Garage Door Opener
Garage Spaces: 2
Interior Details
Full Bathrooms: 2
Interior Features: High Speed Internet, Decorative Lighting
Appliances: Dishwasher, Disposal, Electric Range, Microwave, Refrigerator
Flooring Type: Carpet, Laminate, Luxury Vinyl Plank
Laundry Features: Electric Dryer Hookup, Washer Hookup
Has Fireplace
Fireplace Features: Gas Log, Brick
Fireplaces: 1
Exterior Details
Square Footage: 2041
Security Features: Smoke Detector(s)
Architectural Style: Traditional
Year Built: 1992
Levels: One
Window Features: Window Coverings
Construction Materials: Brick, Frame
Patio and Porch Features: Covered
Lot Features: Sprinkler System
Lot Size Area: 0.24
Lot Size Units: Acres
Lot Size Acres: 0.24
Lot Size Square Feet: 10454.4
Tax Lot: 69
Financial Details
Tax Annual Amount: $4,071
Utilities Details
Cooling Type: Ceiling Fan(s), Central Air
Heating Type: Central, Natural Gas

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 1992
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 4
  • Construction Type: 0
  • Building Style: 15
  • 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: 504
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,470
  • Total Building Area: 2,041
  • Building Area: 2,041
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 3
  • Heated Square Feet: 2,041
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: UNIVERSITY PLACE
  • Land Acres: 0000000240
  • Standard Land Use Code: 1001
  • County Land Use Code: RESIDENC
  • Legal Description 1: UNIVERSITY PLACEBLOCK 1443-A LOT 69

Neighborhood

  • School District Name: Chapel Hill 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:C126B
  • Account Number: R022142
  • Parcel: 1-50000-1443-01-069000
  • Block: 1443-A
  • Lot: 69
  • Municipality: CITY OF TYLER
  • Latitude: 32.3187
  • Longitude: -95.2575

    Address

  • Full Address: 3108 Varsity Dr
  • Address - House Number: 3108
  • Address - Street Name: Varsity
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Tyler
  • Carrier Code: C025
  • 4-Digit Zip Code: 6635
  • Zip Code: 75701

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $382,984
  • Tax Rate Code Area: CHAPEL HIL

    Appraisal Valuation

  • Standard Deviation: 0.2776
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 60
  • Final Value: 329,283
  • High Value: 420,718
  • Low Value: 237,848

    Market Valuation

  • Market Total Value: $323,712
  • Market Land Value: $40,317
  • Market Improvement Value: $283,395

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $323,712
  • Assessed Land Value: $40,317
  • Assessed Improvements Value: $283,395

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 21, 2017
  • Current Sale Recording Date: Dec 27, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20170100052782
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 University Place

Stats & Trends

Median Asking:

$249,900

Sale Price/ft²

$161

Above Asking

0.00%

Average Days on Market

33

Average Home Size

2041 ft²

Average Home Age

34 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: Diana Zamora, Quality Choice Solutions, LLC
Last Updated: 16 days ago
Data Source: NTREIS MLS, MLS# 21349028
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 3108 Varsity Drive built and last sold?
The property at 3108 Varsity Drive was built in 1992 and last sold on Dec 21, 2017 for $206,300.
How much is this home worth?
The estimated value of the home located at 3108 Varsity Drive is $308,050.
What are some comparable homes to 3108 Varsity Drive?
There are currently no comparable homes to 3108 Varsity Drive.
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