8 months on rocket

3980 Mcdonald Rd, Tyler, TX, 75701

$2,950,000

18.96 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeUnimproved Land
MLS #20424010
Lot Size18.96 Acres
StatusActive

About 3980 Mcdonald Rd

Land for sale in south east Tyler. The best use of this property would be for multi-family residential development, perfect for student housing at only 0.3 miles from UT Tyler. According to the City of Tyler’s Unified Development Code, the maximum density allowable for the subject property would be 455 units. If specific reliance is required, confirmation from the City of Tyler’s Planning and Zoning Department should be acquired. Dirt work is substantially completed. City Services Available. Approximately 0.3 miles from UT Tyler. Chapel Hill ISD.

Property Details

Property Features

Listing Office:

  • Office Name: Drake Real Estate & Investment
  • Office Phone: (903) 581-3737
  • Listing Agent: Matthew Marshall

Lot Features

Lot Information:

  • Lot: Cleared, Interior Lot, Irregular Lot
  • Lot Size: 18.96 Acres

School Info

Assigned Schools Information:

  • Robert E Lee High School, Public Magnet Grades 9-12
  • Moore Mst Magnet School, Public Magnet Grades 6-8
  • Clarkston Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: From the intersection of Old Omen Rd and McDonald Rd., head east on McDonald Rd. In about 0.37 miles, property will be on the left at the end of McDonald Rd.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,950,000

Tax Information:

  • Annual Amount: $10,162
  • Tax Year: 2021
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Housing Market Comparison

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

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Tyler, TX

City

Med. List Price

$399.3K

Med. Price/SqFt

$187

Avg. Days On Market

73

# of Sold Homes

16

3980 Mcdonald Rd vs Tyler

243 DAYS ON ROCKET

+170 Days

$2,950,000

+$2.5M More

KEY TAKEAWAY

This property is $2.5M more than the Median List Price in Tyler, TX.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NTR
  • MLS Number: #20424010

Listing Office:

  • Office Name: Drake Real Estate & Investment
  • Office Phone: (903) 581-3737
  • Listing Agent: Matthew Marshall

IDX ©2024 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
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: 5/5/2024, 6:20:37 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 23, 2020Home Sold
$1,527,562

Tax History

YEARPROP. TAXASSESSMENT
2021$10,162$1,238,846
2020$10,472$536,833
2019$12,460$536,833
2018$12,461$619,423

History based on county public records data.

Payment Calculator

$14.7K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$8,911

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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.

Elementary School

school-card-donut-6596859
3
/10

  • Clarkston Elementary School

  • 2915 Williamsburg Dr

  • 0.93 miles

  • Public District Grades PK-5

Middle School

school-card-donut-6596860
5
/10

  • Moore Mst Magnet School

  • 1200 S Tipton Ave

  • 1.84 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-6596861
5
/10

  • Robert E Lee High School

  • 411 Ese Loop 323

  • 3.30 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $40,076. The majority of Tyler, TX residents have income less than $35k 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 3980 Mcdonald Rd

What is the listing price of this property?

The listing price of 3980 Mcdonald Rd property is $2,950,000.

What type of property is this?

The property 3980 Mcdonald Rd is land located in Tyler, Texas, 75701.

Is this property for sale now?

Active Listing: 3980 Mcdonald Rd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 3980 Mcdonald Rd are:
Clarkston Elementary School: GreatSchools Rating 3/10
Moore Mst Magnet School: GreatSchools Rating 5/10
Robert E Lee High School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $10,162 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on March 23, 2020 for $1,527,562. (source: MLS/tax record).

How much acreage is this property?

The property 3980 Mcdonald Rd is 18.96 acres.
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Rocket Homes›Texas›Smith County›Tyler›75701›3980 Mcdonald Rd

This home is located at 3980 Mcdonald Rd in Tyler, TX and zip code 75701. This home sits on a 18.96 acre lot. It has been listed on Rocket Homes since September 05, 2023 and is currently priced at $2,950,000.

The number of homes for sale in Tyler, TX increased by 10.8% between March 2024 and April 2024. In April 2024 median list price was $399,375 and the average listing age was 73 days.

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

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