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831 Houston Street

Tyler, TX 75702

$439,000

3 units · 1932

Units3
Building area2,966 sq ft
Year built1932
Gross income$40,500/yr
Cap rate29.55% as listed
Parking10 spaces
Lot size0.18 acres
TypeTriplex

What it costs to own

TaxesNot provided by the listing
HOANone listed
Operating expenses$30,903.40 per year — as listed
Insurance$1,500 per year — as listed
Net operating income$129,711 per year — as listed

About this home

Exceptional Investment Opportunity Near Downtown Tyler & the Historic Azalea District! Don't miss this fantastic opportunity to own a well-maintained triplex in a prime Tyler location, just minutes from vibrant downtown shopping, dining, entertainment, and the beautiful Historic Azalea District. Whether you're looking to expand your investment portfolio or live in one unit while generating rental income from the others, this versatile property offers outstanding potential. The property features three separate living units. The main building has been updated and includes an upstairs unit with 2 bedrooms, 1 bathroom, a dedicated utility room, a full-size kitchen, and a spacious dining area, the downstairs unit offers 2 bedrooms, 1 bathroom, its own utility room, a full-size kitchen, and dining space. Tucked behind the main building is a private 1-bedroom, 1-bath cottage, complete with its own full-size kitchen, creating an ideal space for long-term tenants, guests, or additional rental income. Each unit provides comfortable living areas with functional layouts designed for everyday living. Outside, residents can enjoy a large shared outdoor entertaining space featuring a nice deck, perfect for relaxing, gathering with friends, or enjoying the peaceful surroundings. With its desirable location, and multiple income-producing units, this property presents an excellent opportunity for investors seeking steady rental income or owner-occupants looking to offset their mortgage. Schedule your private showing today and discover all the possibilities this Tyler triplex has to offer!

The details

HeatingCentral, Electric
CoolingCeiling Fan(s), Central Air, Electric
FlooringCarpet, Ceramic Tile, Wood
AppliancesDishwasher, Disposal, Electric Oven
Interior featuresNatural Woodwork
Fireplace2 · Decorative, Electric, Living Room

Construction materialsBrick, Rock/Stone, Other
RoofComposition
FoundationPillar/Post/Pier

Lot featuresCorner Lot
FencingFenced, Partial, Wood
Water sourceCity Water
SewerCity Sewer

SubdivisionT C Williams

ElementaryPeete
Middle schoolHubbard
High schoolTyler Legacy
DistrictTyler ISD

Gross income$40,500 per year
Operating expenses$30,903.40 per year
Insurance$1,500 per year
Cap rate29.55% — as listed
Net operating income$129,711 per year

MLS #21333033
Source
Price changeReduced by $10,000 · Aug 24, 2026
On the market31 days
CountySmith

Around this home

One moment…

Everyday life

Nearest groceryWalmart Neighborhood Market · 1.3 mi
Nearest parkBois D'Arc Park · 0.5 mi

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Listing courtesy of I-20 Team Real Estate, LLC — Trish Anderson.

Robert LewisStephen LewisRobert & StephenInk Realty Group

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Listing data provided by the North Texas Real Estate Information Systems (NTREIS). MLS #21333033. Information last updated August 24, 2026.

Based on information submitted to the MLS as of the date above. All data is obtained from various sources and may not have been verified by the broker or NTREIS. Supplied data is for the viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing.

Ink Realty Group is brokered by eXp Realty.

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