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Tyler 75703 Coventry
5789 New Copeland Road
Photo of 5789 New Copeland Road

2

Map

Photo of 5789 New Copeland Road
$380,000
● Land - For Sale

5789 New Copeland Road

Tyler, TX 75703
bedrooms
Studio
bathrooms
0 Bath
$1,866
Est. Monthly

About This Property

Prime commercial or residential lots now available on New Copeland Road. Just north of the Rieck Road intersection. Great location with excellent visibility and convenient access.

• Ideal for professional or medical offices.  
• Currently zoned residential - build your next home, or a great opportunity for developers.
• Lots can be purchased together or separately.  

North Lot: 1.319 Acres - $380,000.
South Lot: 1.316 Acres - $380,000.
Both Lots: 2.635 Acres - $745,000.
Unit Size
-
Days on Market
-
Land Size
1.32 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

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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: 11 months ago (NTREIS #21120317)

Price History

Date / Event Date Event Price
Nov 25, 2025 Listed by Drake Real Estate $380,000
Listed by Drake Real Estate

Property Highlights

Exterior Details
Lot Features: Interior Lot
Lot Size Area: 1.316
Lot Size Units: Acres
Lot Size Acres: 1.316
Lot Size Square Feet: 57324.96

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: 57,325
  • 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: COVENTRY ADDN
  • Land Acres: 0000001316
  • Standard Land Use Code: 2000
  • County Land Use Code: F10
  • Legal Description 1: COVENTRY ADDNBLOCK 1500-T LOT 41D

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: 002004

Zoning

  • Zoning: R1A

Geography

  • Assessors Map Reference: MAP:13632
  • Account Number: R145880
  • Parcel: 1-50000-1500-20-041040
  • Block: 1500-T
  • Lot: 41D
  • Municipality: CITY OF TYLER
  • Latitude: 32.2885
  • Longitude: -95.2903

    Address

  • Full Address: 5789 New Copeland Rd
  • Address - House Number: 5789
  • Address - Street Name: New Copeland
  • Address - Suffix Type: Rd
  • State: TX
  • City Name: Tyler
  • Carrier Code: R026
  • 4-Digit Zip Code: 3905
  • Zip Code: 75703

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $399,711
  • Tax Rate Code Area: TYLER ISD

    Market Valuation

  • Market Total Value: $229,300
  • Market Land Value: $229,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $229,300
  • Assessed Land Value: $229,300

    Sales

  • Current Sale Contract Date: Jun 01, 2022
  • Current Sale Recording Date: Jun 07, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 22099
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 Coventry

Stats & Trends

Median Asking:

$0

Sale Price/ft²

$0

Above Asking

0.00%

Average Days on Market

0

Average Home Size

0 ft²

Average Home Age

2026 years

Currently For Sale

0 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

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NTREIS

Listed by: Matthew Marshall, Drake Real Estate
Last Updated: 11 months ago
Data Source: NTREIS MLS, MLS# 21120317
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 5789 New Copeland Road built and last sold?
The property at 5789 New Copeland Road was built in and last sold on Jun 1, 2022 for $532,000.
How much is this home worth?
The estimated value of the home located at 5789 New Copeland Road is $383,800.
What are some comparable homes to 5789 New Copeland Road?
There are currently no comparable homes to 5789 New Copeland Road.
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