12397 CR 46 - 96.57+/- Acres | Tyler, TX ETJ
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12397 CR 46 - 96.57+/- Acres | Tyler, TX ETJ
96.57 Acres of Residential Land Offered at $2,950,000 in Tyler, TX 75704
Investment Highlights
- The Site is located along County Road 46 less than a mile west of State Highway 110 (Van Highway) and less than two miles west of Loop 323.
- The Site is in Smith County, in the Tyler extraterritorial jurisdiction (ETJ).
- The other Concept Plan is for 423 primarily 42’x144’ mobile home lots.
- The Site is less than 3 miles northwest of the intersection of Loop 323 and Highway 64, which boasts numerous national retailers.
- Ownership has two potential Concept Plans for the Site; one Concept Plan is for 425 primarily 52’x114’ single family lots.
- As of August 2024, the median home price in Smith County rose to $318,745.
Executive Summary
Vanguard Real Estate Advisors (“VREA”) has been exclusively retained by Ownership to offer developers, builders, and investors the opportunity to purchase 96.57+/- acres (the “Site”) located along County Road 46 in the Tyler ETJ. Located just outside of the Tyler city limits, the Site lends itself to a variety of uses as there is no zoning in place. Ownership has two potential Concept Plans for the Site; one for single family residential lots and the other for mobile home lots. Located less than a mile west of State Highway 110 (Van Highway) and less than two miles west of Loop 323, the Site is well positioned for a variety of uses to take advantage of the future path of growth. At $30,548 per acre, this is an excellent value for a development site in a rapidly growing market in East Texas.
A 3% co-broker fee is available to a Broker that sources a Principal that VREA has not previously contacted in any format or sent information to regarding this opportunity.
A 3% co-broker fee is available to a Broker that sources a Principal that VREA has not previously contacted in any format or sent information to regarding this opportunity.
Property Facts
| Price | $2,950,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Residential |
| No. Lots | 1 | Total Lot Size | 96.57 AC |
| Price | $2,950,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 96.57 AC |
1 Lot Available
Lot
| Price | $2,950,000 | Lot Size | 96.57 AC |
| Price Per AC | $30,548 |
| Price | $2,950,000 |
| Price Per AC | $30,548 |
| Lot Size | 96.57 AC |
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zoning
| Zoning Code | ETJ (Tyler ETJ) |
| ETJ (Tyler ETJ) |
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Jordan Cortez -
Reid Pierce -
Haley Birmingham -
Mason John -
Will Droese -
Justin Tidwell -
Alex Johnson -
Jim McNulty -
Vanguard Real Estate Advisors
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12397 CR 46 - 96.57+/- Acres | Tyler, TX ETJ
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