8362 - 8446 Garrett Dr, Tyler, TX 75703

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Listed byDrake Real Estate & Investments
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Overview

Investment Opportunity: Prime Duplex Development Lots in Southbend Creek. Location: Garrett Drive, Tyler, TX 75703. Zoning: R-2(Two-Family Residential District). Offering: Parcel Package(2 build-ready duplex lots). The Opportunity - Chance to acquire lots in the established Southbend Creek community. This package is perfectly positioned for an investor or builder looking to capitalize on Tyler’s growing demand for high-quality rental housing or multi-family. Key Features - Prime Zoning: The R-2 designation is specifically designed to promote two-family dwellings, allowing for the construction of modern duplexes that blend seamlessly with the neighborhood character. Ready to Build: The package includes two usable lots suited for duplex construction. Established Neighborhood: Located on Garrett Dr., a proven area for multi-family performance with nearby units commanding strong market interest. Infrastructure Ready: The plat indicates existing 10-foot utility easements and proximity to public sewer and water lines, streamlining the pre-construction phase. Parcel Breakdown - This package consists of: Duplex Development Lots: Situated along the south side of Garrett Drive (Block 1100-C), these lots feature optimal dimensions for side-by-side or front-to-back units. Additional Buffer/Greenbelt Parcels: The package includes adjacent parcels (such as 15-L and 15-M) which can serve as greenbelts, drainage management, or privacy buffers, enhancing the long-term value and appeal of the developed units. Why South Tyler? Located in the 75703 zip code, this property benefits from: High Demand: Proximity to top-rated schools (Rice Elementary, Hubbard Middle, Tyler Legacy High). Growth Corridor: Easy access to the Loop 49 expansion and the upcoming Parkside development, a massive 600,000+ sq ft shopping and entertainment hub nearby. Strong Comps: Recent duplex sales and rentals in the immediate vicinity demonstrate a robust market for finished products.

Location

Full feature list

Basic info

Property type
Other residential
Lot size (acres)
1.46

Utilities

Sewer
Public Sewer
Water
Public Water

Taxes

Tax Annual Amount
$24,437.13

Public schools

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Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: Greater Tyler Association of REALTORS MLS®#: 26005510 Last checked:

 

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