When was property at 3980 McDonald Road built and last sold?

The property at 3980 McDonald Road was built in and last sold on Mar 17, 2020 for $1,527,562.

How much is this home worth?

The estimated value of the home located at 3980 McDonald Road is $1,717,000.

What are some comparable homes to 3980 McDonald Road?

There are currently no comparable homes to 3980 McDonald Road.

Tyler

75701

3980 McDonald Road

Map

$1,700,000

● Land - In Contract

3980 McDonald Road

Tyler, TX 75701

Studio

0 Bath

$8,348

Est. Monthly

About This Property

Land for sale in south east Tyler. The best use of this property would be for multi-family residential development, perfect for student housing at only 0.3 miles from UT Tyler.

According to the City of Tyler's Unified Development Code, the maximum density allowable for the subject property would be 455 units. If specific reliance is required, confirmation from the City of Tyler's Planning and Zoning Department should be acquired.

Dirt work is substantially completed.

City Services Available.

Approximately 0.3 miles from UT Tyler.

Chapel Hill ISD.

Unit Size

Days on Market

Land Size

18.96 acres

Price per sqft

Property Type

Land

Property Taxes

HOA Dues

Year Built

Listed By

Matthew Marshall

[email protected]

Drake Real Estate & Investments

Payment Calculator

Cap Rate Calculator

Last updated: 3 months ago (NTREIS #21165877)

Price History

Date / Event	Date	Event
Aug 12, 2026	In contract	-
In contract
Apr 9, 2026	Price Decreased	$1,700,000 ↓ $100K (5.6%)
Price Decreased
Jan 29, 2026	Listed by Drake Real Estate	$1,800,000
Listed by Drake Real Estate
Nov 12, 2025	Temporarily off market	-
Temporarily off market
Jul 22, 2025	Price Decreased	$1,995,000 ↓ $955K (32.4%)
Price Decreased
Sep 5, 2023	Listed by Drake Real Estate	$2,950,000
Listed by Drake Real Estate

	Land for sale in south east Tyler. The best use of this property would be for multi-family residential development, perfect for student housing at only 0.3 miles from UT Tyler. According to the City of Tyler’s Unified Development Code, the maximum density allowable for the subject property would be 455 units. If specific reliance is required, confirmation from the City of Tyler’s Planning and Zoning Department should be acquired. Dirt work is substantially completed. City Services Available. Approximately 0.3 miles from UT Tyler. Chapel Hill ISD.

Property Highlights

Exterior Details

Lot Features: Cleared, Interior Lot, Irregular Lot, Acreage

Lot Size Area: 18.96

Lot Size Units: Acres

Lot Size Acres: 18.96

Lot Size Square Feet: 825897.6

Building Info

Overview

General

Bedroom Count: 0

Building Condition: 0
Building Quality: 0
Construction Type: 0
Building Style: 0
Exterior Walls Type: 0
Interior Walls Type: 0
Roof Shape Type: 0
Roof Cover Type: 0
Floor Cover: 0
Basement Type: 0
Basement Area: 0
Garage Type: 0
Parking Space Count: 0
Patio Type: 0
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 825,898

Total Building Area: 0
Building Area: 0

Heating and Cooling

Air Conditioning: 0

Heating: 0
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: C
Subdivision: TEXAS STUDENT HOUSING ADDN
Land Acres: 0000018960
Standard Land Use Code: 2000
County Land Use Code: C30
Legal Description 1: TEXAS STUDENT HOUSING ADDNBLOCK 1445-E LOT 1A

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: 001807

Geography

Assessors Map Reference: MAP:15715

Account Number: R205446
Parcel: 1-50000-1445-05-001010
Block: 1445-E
Lot: 1A
Municipality: CITY OF TYLER
Latitude: 32.3233
Longitude: -95.2474

Address

Full Address: 3980 Mcdonald Rd

Address - House Number: 3980
Address - Street Name: Mcdonald
Address - Suffix Type: Rd
State: TX
City Name: Tyler
Carrier Code: C026
4-Digit Zip Code: 6229
Zip Code: 75701

Valuation

Tax

Tax Year: 2023

Tax Amount: $2,339,285
Tax Rate Code Area: CHAPEL HIL

Market Valuation

Market Total Value: $1,238,846

Market Land Value: $1,238,846

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $1,238,846
Assessed Land Value: $1,238,846

Sales

Current Sale Contract Date: Mar 17, 2020

Current Sale Recording Date: Mar 23, 2020
Current Sale Price:

Premium
Current Sale Document Type: 69
Current Sale Input Document Number: 20200100009981

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Tyler

Stats & Trends

Median Asking:

$379,700

Sale Price/ft²

$176

Below Asking

0.03%

Average Days on Market

Average Home Size

2259 ft²

Average Home Age

34.7 years

Currently For Sale

131 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

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$2,485 /mo

3 Beds
2 Baths
1,305 ft²

3038 Santa Elena Drive, Tyler, TX, 75701 Listing by Krista Leffel

Unit for rent at 3067 Royal Garden Road, Tyler, TX, 75701

$2,300 /mo

4 Beds
2 Baths
1,610 ft²

3067 Royal Garden Road, Tyler, TX, 75701 Listing by June Baker

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Listed by: Matthew Marshall, Drake Real Estate
Last Updated: 3 months ago
Data Source: NTREIS MLS, MLS# 21165877
Details provided by NTREIS and may not match the public record

3980 McDonald Road

About This Property

Listed By

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Geography

Valuation

Comparables

About Tyler

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions