$295,000

514 S Fannin Ave Tyler, TX 75702

$3,503
Closing credit¹
4 beds
1 full, 1 partial
2,300 sqft
$128 / 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, 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 #25002941

Summary

  • MLS Number: 25002941
  • MLS Name: TylerTX
  • Office Name: Maya Properties
  • Office Phone: (850) 391-4229
  • Listing Agent: Erika Gonzalez

IDX 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.


Texas Real Estate Commission Consumer Protection Notice

Texas Real Estate Commission Information About Brokerage Service

Last updated on: 4/5/2025, 6:15:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

view of side of property with brick siding, a yard, and a chimney

$295,000

514 S Fannin Ave

$3,503

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty 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.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $25,426. Most Tyler, TX residents have annual incomes less than $<35k. Most families are single, no kids. The majority of residents in this area have high school diploma education.

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?

  • UFCUFC
  • Pro BoxingPro Boxing
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • BurlingtonBurlington
  • Express/Express For MenExpress/Express For Men

Where do the neighbors go to eat?

  • Burger KingBurger King
  • PopeyesPopeyes
  • Church's ChickenChurch's Chicken

What do the neighbors drive?

  • BuickBuick
  • DodgeDodge
  • CadillacCadillac

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • JazzJazz
  • Adult StandardsAdult Standards
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

About 514 S Fannin Ave

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 February 27, 2025 and is currently priced at $295,000.

In March 2025, from all listings sold in Tyler, TX there were more than 15 sold above asking price, over 69 sold below and more than 24 were sold right at the asked price. The number of homes for sale in Tyler, TX increased by 7.2% between February and March 2025. In March 2025, listings were on the market for 57 days. During the same period, the median list price in this real estate market was $299,900.

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

More resources