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$1,950,000

Beds
3
Baths
4.0
sq ft
2,945

15844 State Highway 31 W, Tyler, TX 75709

15844 State Highway 31 W

Tyler, TX 75709

  • 140 days on market
7.34-acre property at 15844 State Hwy 31 W, offering a blend of commercial, residential, and agricultural features ideal for a variety of uses, and conveniently located less than a mile west of Loop 49. The 2,945 sq ft brick house, 3-bedroom 3.1-bath, renovated in 2013 for office use and converted back to a residence in 2017, features a saltwater pool with heating system. Residential highlights include a 2,078 sq ft, 3 bedroom, 2 bath, energy-efficient doublewide home, with a hot tub, and a Generac 22-watt generator. This property includes a successful 8,250 sq ft shop with a pit for servicing large trucks, currently leased until 2027 and generating $3,000 monthly. Additionally, 33 truck parking spaces on 3 acres bring in $100 per month each. A standout feature is the 2-acre parcel on the west side of the property, complete with its own access on Hwy 31 W, offering additional development potential or ease of access for separate uses.

Details

Property type

Single Family Residence

Lot size

7.34 acres

Price per sq ft

$663

Year built

2013

Annual property taxes

$4,009

Price History

07/02/2024
NTREIS

NTREIS #20661638

Listed
$1,950,000

Schools & Community

Elementary school: 

Dixie

Middle school: 

Boulter

High school: 

Tyler

School district: 

Tyler ISD

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Citizens 1St Bank

Loan start date

March 2012

Original loan amount

$178,300

Est. remaining balance

Not provided

Interest rate

3.87%

Loan type

Credit Line (Revolving), 1 year

Seller

Misti Ford Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 11/19/2024 at 9:15 PM

Listing updated: 07/26/2024 at 2:03 PM

Listed by: Sam Scarborough, Scarborough Commercial Real LL Phone #: (903) 707-8560

MLS: NTREIS #20661638

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