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Tyler 75702 Northwest Landing
605 N Northwest Loop 323
Photo of 605 N Northwest Loop 323

1

Map

$749,000
● Land - For Sale

605 N Northwest Loop 323

Tyler, TX 75702
bedrooms
Studio
bathrooms
0 Bath
$3,678
Est. Monthly

About This Property

Commercial development land available in West Tyler on Loop 323.
All utilities available.
Loop 323 Frontage.
Located in an opportunity zone.
Zoned C-2 (General Commercial) which allows for auto repair, paint & body, and outdoor storage.
Shared Drive with South adjacent property.
Unit Size
-
Days on Market
-
Land Size
9.55 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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Monthly Property Taxes
Monthly Rental Income
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Operating Profit Per Year
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 #20219266)

Price History

Date / Event Date Event Price
Dec 7, 2022 Listed by Drake Real Estate $749,000
Listed by Drake Real Estate

Property Highlights

Exterior Details
Lot Features: Irregular Lot, Many Trees, Acreage
Lot Size Area: 9.554
Lot Size Units: Acres
Lot Size Acres: 9.554
Lot Size Square Feet: 416172.24

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: 416,172
  • 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: R
  • Subdivision: NORTHWEST LANDING
  • Land Acres: 0000009554
  • Standard Land Use Code: 1000
  • County Land Use Code: C00
  • Legal Description 1: NORTHWEST LANDINGBLOCK 1261 LOT 25F

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: 000100

Zoning

  • Zoning: C2

Geography

  • Assessors Map Reference: MAP:C165
  • Account Number: R149758
  • Parcel: 1-50000-1261-00-025060
  • Block: 1261
  • Lot: 25F
  • Municipality: CITY OF TYLER
  • Latitude: 32.3581
  • Longitude: -95.3427

    Address

  • Full Address: 605 N Northwest Loop 323
  • Address - House Number: 605
  • Street Direction: N
  • Address - Street Name: Northwest Loop 323
  • State: TX
  • City Name: Tyler
  • Carrier Code: C014
  • 4-Digit Zip Code: 8735
  • Zip Code: 75702

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $379,425
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: TYLER ISD

    Market Valuation

  • Market Total Value: $217,663
  • Market Land Value: $217,663

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $217,663
  • Assessed Land Value: $217,663

    Sales

  • Current Sale Contract Date: Feb 06, 2017
  • Current Sale Recording Date: Feb 13, 2017
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20170100005912
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 Northwest Landing

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

Nearby Rentals

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NTREIS

Listed by: Matthew Marshall, Drake Real Estate
Last Updated: 11 months ago
Data Source: NTREIS MLS, MLS# 20219266
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 605 North Northwest Loop 323 built and last sold?
The property at 605 North Northwest Loop 323 was built in and last sold on Feb 6, 2017 for $0.
How much is this home worth?
The estimated value of the home located at 605 North Northwest Loop 323 is $756,490.
What are some comparable homes to 605 North Northwest Loop 323?
There are currently no comparable homes to 605 North Northwest Loop 323.
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