$1,065,000
●
Multifamily -
Off Market
4344 Macnab Drive #MULTI
Tyler, TX 75707
Studio
0 Bath
$5,425
Est. Monthly
$195
HOA / Fees
2.00%
Cap Rate
About This Property
Unique investment opportunity in a new Built-to-Rent community.
This package features THREE newly constructed and leased
single-family detached homes, but investors are welcome to purchase
more homes (first-come, first-serve basis) at $355,000 per home.
Each home has 4-bedrooms,2.5-bathrooms,2-car garage in a quiet,
gated community near UT Tyler and much more! Highlighted features
include: energy efficient appliances, spacious open-floor concept
downstairs, modern interior designs, granite or quartz countertops,
and stainless steel kitchen appliances. Residents within the
community also have access to a private dog park. Buyers looking
for more than three homes - call one of the agents for other
multi-home package options.
Unit Size
-
Days on Market
-
Land Size
0.08 acres
Price per sqft
-
Property Type
Multifamily
Property Taxes
-
HOA Dues
$195
Year Built
-
Payment Calculator
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Cap Rate Calculator
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Monthly Rental Income
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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: 13 months ago (NTREIS #20961571)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 20, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Oct 20, 2025 | Listed by Drake Real Estate | $1,048,500 | |
| Listed by Drake Real Estate | |||
   | |||
|
Unique investment opportunity in a new Built-to-Rent community. This package features THREE newly constructed and leased single-family detached homes, but investors are welcome to purchase more homes (first-come, first-serve basis) at $349,500 per home. Each home has 4-bedrooms,2.5-bathrooms,2-car garage in a quiet, gated community near UT Tyler and much more! Highlighted features include: energy efficient appliances, spacious open-floor concept downstairs, modern interior designs, granite or quartz countertops, and stainless steel kitchen appliances. Residents within the community also have access to a private dog park. Buyers looking for more than three homes — call one of the agents for other multi-home package options.
| |||
| Aug 29, 2025 | Price Increased |
$1,065,000
↑ $68K
(6.8%) | |
| Price Increased | |||
| Jun 16, 2025 | Listed by Drake Real Estate | $997,500 | |
| Listed by Drake Real Estate | |||
Property Highlights
Garage
Parking Available
Air Conditioning
Parking Details
Has Garage
Attached Garage
Parking Features: Driveway, Garage, Garage Faces Front, Off Street, On Site
Garage Spaces: 2
Interior Details
Interior Features: Granite Counters, Kitchen Island, Open Floorplan, Walk-In Closet(s)
Appliances: Dishwasher, Disposal, Gas Range, Ice Maker, Microwave, Refrigerator
Flooring Type: Carpet, Tile, Wood
Exterior Details
Security Features: Security Gate, Smoke Detector(s)
Year Built: 2024
Building Area Total: 5700
Levels: Two
Construction Materials: Brick, Frame
Patio and Porch Features: Covered
Lot Features: Subdivision
Lot Size Area: 3600
Lot Size Units: Square Feet
Lot Size Acres: 0.0826
Lot Size Square Feet: 3600
Utilities Details
Cooling Type: Ceiling Fan(s), Central Air
Heating Type: Central, Electric
Location Details
HOA/Condo/Coop Fee Includes: Maintenance Grounds, Maintenance Structure, Back Yard Maintenance, Front Yard Maintenance, Full Use of Facilities, Management Fees
HOA Fee: $195
HOA Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/16/2025
|
Studio
|
-
|
-
|
$997,500
Studio
-
|
-
-
|
Matthew Marshall
Drake Real Estate & Investments
| |
|
06/16/2025
|
4 Bed
|
2 Bath
|
1900 ft²
|
$332,500
4 Bed
2 Bath
1900 ft²
|
-
-
|
Matthew Marshall
Drake Real Estate & Investments
| |
|
07/02/2024
| |
Studio
|
-
|
-
|
$12,750,000
Studio
-
|
-
-
|
Matthew Marshall
Drake Real Estate & Investments
|
Building Info
About Smith
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Listed by: Matthew Marshall, Drake Real Estate
Last Updated: 13 months ago
Data Source: NTREIS MLS, MLS# 20961571
Details provided by NTREIS and may not match the public record
Last Updated: 13 months ago
Data Source: NTREIS MLS, MLS# 20961571
Details provided by NTREIS and may not match the public record
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