ParkingConcrete, Garage Faces Front, Garage, On Site, Other
Attached Garage2 spaces
Year Built2013
HeatingCentral
CoolingCentral Air
FireplacePrimary Bedroom
MLS #20661638
Lot Size7.34 Acres
StatusActive
About 15844 State Highway 31 W
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.
Property Details
Property Features
Property Information:
Architectural Style: Ranch, Detached
Year Built: 2013
Living Area: 2,945 SqFt
Listing Office:
Office Name: Scarborough Commercial Real LL
Office Phone: (903) 707-8560
Listing Agent: Sam Scarborough
Interior Features
Interior Information:
Appliances: Dishwasher, Electric Range, Disposal, Microwave
Last updated on: 1/3/2025, 3:21:01 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$9,800
Per Month
Principal & Interest
$9,733
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$5,913
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Chandler Elementary School
615 N Broad St
Distance between this listing and this school2.96 miles
Public District Grades PK-3
5
/10
Dixie Elementary School
213 Patton Ln
Distance between this listing and this school4.46 miles
Public District Grades PK-5
5
/10
Jones Elementary School
3450 Chandler Hwy
Distance between this listing and this school5.69 miles
Public District Grades PK-5
Nearby Schools
7
/10
Chandler Intermediate School
22250 Barron Rd
Distance between this listing and this school3.82 miles
Public District Grades 4-6
4
/10
Boulter Middle School
2926 Garden Valley Rd
Distance between this listing and this school6.16 miles
Public District Grades 6-8
5
/10
Three Lakes Middle School
2445 Three Lakes Pkwy
Distance between this listing and this school6.36 miles
Public District Grades 6-8
Nearby Schools
3
/10
Tyler High School
3535 Lion Ln
Distance between this listing and this school5.76 miles
Public District Grades 9-12
3
/10
Alvin V Anderson Rise Academy
2800 W Shaw St
Distance between this listing and this school6.01 miles
Public District Grades 9-12
9
/10
Tyler Independent School District Early College High School
2800 W Shaw St
Distance between this listing and this school6.01 miles
The neighbors living near this home have an average income of $45,080. The majority of Tyler, TX residents have income between $35k-100k annually. Most families are single, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 15844 State Highway 31 W
What is the listing price of this property?
The listing price of 15844 State Highway 31 W property is $1,950,000.
What type of property is this?
The property 15844 State Highway 31 W is a house located in Tyler, Texas, 75709.
Is this property for sale now?
Active Listing: 15844 State Highway 31 W is For Sale (Active/New) which means the seller is accepting offers.
How many bedrooms and bathrooms does this property have?
The property at 15844 State Highway 31 W has 3 bedrooms and 3 full and 1 half bathrooms.
What is the square footage of this property?
The property 15844 State Highway 31 W is 2,945 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 15844 State Highway 31 W is 2013.
This home is located at 15844 State Highway 31 W in Tyler, TX and zip code 75709. This 2,945 square foot home, which was built in 2013, sits on a 7.34 acre lot. Features: 3 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since July 02, 2024 and is currently priced at $1,950,000.
Tyler, TX housing market in December 2024 saw over 0 listings sold above listed price, more than 0 sold at listed price and over 1 sold below. In December 2024 in Tyler, TX there were 15.3% more homes for sale than in November 2024. Listings spent 59 days on the market in December 2024, and had a median list price of $685,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.