$3,545 Closing Credit¹
#25005877, Patrice Stine, Listing Office: Red Door Real Estate
$235,000 List price
514 S Fannin Ave Tyler, TX 75702
$2,791
Closing credit¹
4 beds
1 full, 1 partial
2,300 sqft
$102 / sqft
House
Property details
About 514 S Fannin Ave
This prime commercial property offers an outstanding opportunity for investors or businesses looking to establish a presence in Tyler’s thriving commercial district. With approximately 2,300 square feet of space on a 0.308-acre lot, this versatile building is well-suited for a variety of professional and commercial uses. Zoned as Restricted Professional Office (RPO), it provides flexibility for different business types while ensuring a strategic and central location with easy access to major roadways, local businesses, and essential amenities. Built in 1950, the property carries both character and functionality, making it an attractive option for immediate or future use. Additionally, with the current lease in place until September 30, 2025; tenant pays $1600 / month and pays for all utilities. This property presents an excellent investment opportunity with immediate income potential. Don't miss the chance to secure a valuable asset in Tyler’s dynamic commercial landscape.
Highlights
Home typeSingle Family Residence
HeatingElectric, Central
StatusActive
CoolingCentral Air
Size2,300 sqft
Year built1950
MLS #25005858
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 1
- Appliances: Range
- Total Bedroom Count: 4
- Architectural Style: Cottage
- Heating: Electric, Central
- Cooling: Central Air
- List Price: $235,000
- Price/SqFt: $102
- Annual Tax Amount: $2,542
- Tax Year: 2023
- Directions: From intersection of Front Street and Fannin, head north. The property is 2 blocks down on the left corner of S. Fannin Ave. and E. Reeves Street.
- Year Built: 1950
- Stories: 1
- Living Area: 2,300 SqFt
- MLS Number: 25005858
- MLS Name: TylerTX
- Office Name: Maya Properties
- Office Phone: (850) 391-4229
- Listing Agent: Erika Gonzalez
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 © 2025 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: 5/18/2025, 5:15:34 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$235,000
514 S Fannin Ave
$2,791
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $145,860 | $2,542 |
| 2022 | $153,822 | $3,013 |
| 2021 | $153,822 | $3,392 |
| 2020 | $161,684 | $3,544 |
| 2019 | $165,665 | $3,667 |
| 2018 | $167,707 | $3,667 |
| 2017 | $171,687 | $3,734 |
History based on county public records data.
Nearby schools
5
Bonner Elementary School
Public District PK-5
0.5 mi
•235 S Saunders Ave
3
Peete Elementary School
Public District PK-5
1.1 mi
•1511 Bellwood Rd
6
Bell Elementary School
Public District PK-5
1.2 mi
•1409 E Hankerson St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $25,426. Typical income of Tyler, TX residents is less than $<35k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
67%
<35k
33%
35k-100k
0%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
59%
Single, No Kids
17%
Single, with Kids
11%
Married, No Kids
13%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
18%
<11 yrs old
8%
12-17 yrs old
32%
18-34 yrs old
38%
35-64 yrs old
4%
65+ yrs old
What do the neighbors do for fun?
UFC- Pro Boxing
Figure Skating
Where do the neighbors shop?
Family Dollar
Burlington
Express/Express For Men
Where do the neighbors go to eat?
Burger King
Popeyes
Church's Chicken
What do the neighbors drive?
Buick
Dodge
Cadillac
What do the neighbors listen to?
Urban Contemporary
Jazz
Adult Standards
All data provided by Home Junction and Claritas
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Frequently asked questions
About 514 S Fannin Ave
The listing price of 514 S Fannin Ave property is $235,000.
The property 514 S Fannin Ave is a house located in Tyler, Texas, 75702.
Active Listing: 514 S Fannin Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 514 S Fannin Ave are: Bonner Elementary School (GreatSchools Rating 5/10), Peete Elementary School (GreatSchools Rating 3/10), Bell Elementary School (GreatSchools Rating 6/10), Caldwell Arts Academy (GreatSchools Rating 8/10), Moore Middle School (GreatSchools Rating 5/10), Boulter Middle School (GreatSchools Rating 4/10), Premier High School of Tyler (GreatSchools Rating 2/10), Tyler Independent School District Early College High School (GreatSchools Rating 9/10), Alvin V Anderson Rise Academy (GreatSchools Rating 5/10).
According to the records, the last property tax for 2023 is $2,542 (source: MLS/based on county public records data).
The property at 514 S Fannin Ave has 4 bedrooms and 1 full and 1 half bathrooms.
The property 514 S Fannin Ave is 2,300 SqFt (source: MLS/tax record).
The year of construction for 514 S Fannin Ave is 1950.
This home is located at 514 S Fannin Ave in Tyler, TX and zip code 75702. This 2,300 square foot home was built in 1950. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 17, 2025 and is currently priced at $235,000.
In April 2025, from all listings sold in Tyler, TX there were more than 18 sold above asking price, over 73 sold below and more than 18 were sold right at the asked price. In April 2025 in Tyler, TX there were 7.4% more homes for sale than in March. The median list price of listings available in April 2025 was $297,000, while the average time on the real estate market was 59 days.
From Rocket Homes Real Estate and based on county public records data.