new - 2 days on rocket

506 Fannin Ave, Tyler, TX, 75701

$250,000

Home List Price

$2,969*

Closing Credit

3 Bedrooms
2 Baths
2,323 SqFt
$108/SqFt
Multi

Location

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506 Fannin Ave, Tyler$250,000

Buyer Closing Credits

$2,969*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
Year Built1890
CoolingCentral Air
MLS #24016896
StatusActive

About 506 Fannin Ave

Investment property on the brick streets! 1/1 on one side and 2/1.5 on the other. Gross rents 1995. Tenants pay utilities. Landlord pays for lawn service.

Property Details

Property Features

Property Information:

  • Year Built: 1890
  • Living Area: 2,323 SqFt

Listing Office:

  • Office Name: Keller Williams Realty-Tyler
  • Listing Agent: Rob Shipley

Interior Features

Bedroom and Bathroom Information:

  • Total Bedroom Count: 3

Utilities

Utilities Information:

  • Cooling: Central Air

Other

Directions Information:

  • Directions: From downtown Tyler take broadway south. Left on Front right on Fannin. House is on the left

Price Information

Listing Price Info

Price Summary:

  • List Price: $250,000
  • Price Per SqFt: $108/SqFt
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Housing Market Comparison

See how this home compares to others in Tyler, TX.

Med. Sold Price

$633K

Med. Price/SqFt

$198

Avg. Days On Market

65

# of Sold Homes

30

506 Fannin Ave vs Tyler

2 DAYS ON ROCKET

-63 Days

$250,000

-$383K Less

$108/SqFt

-$91 Less

KEY TAKEAWAY

This property is $383K less than the Median Sold Price and $91/SqFt less than other homes in Tyler, TX.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: TylerTX
  • MLS Number: #24016896

Listing Office:

  • Office Name: Keller Williams Realty-Tyler
  • Listing Agent: Rob Shipley

IDX Disclaimer: The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) of the Greater Tyler Association of REALTORS Multiple Listing Service. The IDX logo indicates listings of other real estate firms that are identified in the detailed listing information. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information is deemed reliable, but not guaranteed. Copyright © 2024 Greater Tyler Association of REALTORS® All rights reserved.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 12/21/2024, 8:16:07 PM 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

$1,315

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$816

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.

Nearby Schools

school-card-donut-774808
4
/10
  • Bonner Elementary School

  • 235 S Saunders Ave

  • 0.50 miles

  • Public District Grades PK-5

school-card-donut-774809
4
/10
  • Peete Elementary School

  • 1511 Bellwood Rd

  • 1.13 miles

  • Public District Grades PK-5

school-card-donut-774810
5
/10
  • Bell Elementary School

  • 1409 E Hankerson St

  • 1.27 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $25,426. The majority of Tyler, TX residents have income less than $35k annually. Most families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas


Rocket HomesTexasSmith CountyTyler75701506 Fannin Ave

This home is located at 506 Fannin Ave in Tyler, TX and zip code 75701. This 2,323 square foot home was built in 1890. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 19, 2024 and is currently priced at $250,000.

While more than 0 listings in Tyler, TX in November 2024 were sold above asking price, there were more than 0 listings sold at asking price, and more than 1 were sold below. Between October 2024 and November 2024, Tyler, TX real estate market has seen increase in the number of listings by 18.5%. In November 2024, listings were on the market for 65 days. During the same period, the median list price in this real estate market was $633,000.

From Rocket Homes Real Estate and based on county public records data.

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