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2516 Canton St

Tyler, TX 75702
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Just listedJust listed
4 Bedroom(s)
2 Full Bath(s)
1,300 Sqft
Single Family

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Description

Investor opportunity in a prime location right off Gentry Parkway, providing quick and easy access to the entire city! This spacious 4 bedroom, 2 bathroom home is currently tenant-occupied with long-term renters in place, allowing a new owner to step in and immediately start cash flowing. The home does need some TLC, making it a great value-add opportunity for an investor looking to renovate, increase rents, and maximize returns. But here''s where the real upside is... This property includes TWO additional lots, for a total of THREE lots being sold together. Whether you choose to: - Build new construction homes - Develop and sell off the extra lots - Hold for future appreciation - Or create a small rental portfolio on one site The development potential adds serious long-term value. With a new boundary survey, the lots would be ready for your vision. Whether you''re looking for steady rental income, a flip opportunity, or future development, this property gives you multiple exit strategies. Come run your numbers and let''s make a deal.

MLS#
GTARTX-26012548
List Price
$159,900 ($123/Sqft.)
Listing Status
For Sale
Address
2516 Canton St
City
Tyler
State
TX
Zip Code
75702
County
Smith County
Subdivision
LAKE PARK HEIGHTS
Legal Description
9,10,11
Property Type
Single Family
Bedroom
4 Bedroom(s)
Bath
2 Full Bath(s)
Stories
1
Building Size
1,300 Sqft/Appraisal District
Architecture Style
Other
Year Built
1951 /Appraisal District

Exterior

Roof
Composition
Exterior Type
Wood Siding
Fencing
Chain Link
Porch
Yes
Dock
Yes

Rooms

Rooms
Bedroom 4, Bedroom 2, Bathroom 1, Bathroom 2, Bedroom 3, Bedroom 1

Lot Information

Lot Size
Lot Acres /Appraisal District
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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy

Information source

Greater Tyler Association of Realtors®
Source last updated Sep 10, 2026 at 03:21 PM
Listing last updated Sep 9, 2026 at 02:50 AM
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Estimated Monthly Payments

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Presented by TimeValue Software ©2021
Principal & InterestTaxes30.4%69.6%
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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Notice & Disclaimer
School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.
Copyright© 2026 , HOUSTON REALTORS® INFORMATION SERVICE, INC. All Rights Reserved. Data Not Verified/Guaranteed by MLS
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