15844 Hwy 31 W, Tyler, TX 75709

$1,950,000 Asking Price

3 beds
3 baths
2,945  sqft
Built in 1964

Owner financing is available for this versatile 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, 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. Agricultural elements include a newly finished greenhouse equipped with water, electricity, and climate control features, and a variety of fruit trees and plants. Additional structures comprise an old garage repurposed for storage, a converted semi-trailer, a two-car carport, and a fenced 2-acre shared backyard. Buyer and Buyers Agent to verify all information.


Features & Amenities

Interior

General:
Other/See Remarks
Dining:
Separate Formal Dining,Breakfast Room
A/C:
Central Electric
Heating:
Central/Gas
Fireplace:
Other/See Remarks

Exterior

General:
Patio Covered
Other Structures:
Storage Building(s),Greenhouse,Additonal Residence/Rmrks
Pool:
Heated Pool,In Ground,Saltwater

Construction

Roofing:
Composition
General:
Brick and Wood, 1 Story, Slab

Location

County:
Smith

Lot

Zoning:
ABST A0379 J GILLESPIE TRACT 10A, 10A.3, 10.4, 10C
Fencing:
Wood Fence,Metal Fence

This listing courtesy of:
Scarborough Commercial Real Estate, Sam Scarborough

About Tyler, TX

Housing

Number of Units
69,402
Median Home Value
$175,417
Median Rent
$815

39.07% of housing units are renter occupied.

9.19% are vacant.

Commute

Car
80.40%
Public Transportation
0.37%
Walk to Work
0.78%
Work from Home
16.97%
Other
1.02%

The median travel time to work is 20 minutes.

People

Population
163,815
Median Age
36.80
Median Household Size
2.79

Education

High School
21.49%
Associate’s Degree
10.64%
Bachelor’s Degree
18.29%
Graduate Degree
8.66%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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