3623 New Copeland Rd · Tyler, TX 75701

$159,999

3 bd · 1.0 ba · 1,632 sqft · SingleFamily public records · 71 Days on market

Built 1930 0.33 ac lot $98/sqft · 32% below area Est $234k · 32% under

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Why this score? — see what drove the B- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +25.9/30.0
• ARV discount +15.0/15.0
• DSCR +8.7/10.0
• 1% rule +7.3/10.0
• Livability +3.8/5.0
• Rent growth +3.4/5.0
• Schools +3.3/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Price Improvement!! Welcome to 3623 New Copeland Rd in the heart of Tyler! This 3-bedroom, 2-bath home offers a versatile layout with two spacious living areas, a formal dining room, and a desirable split floor plan. Featuring a gas stove, abundant storage throughout, and walk-in closets in two of the bedrooms, this home provides both functionality and comfort. Situated on a generously sized lot, the large backyard offers endless possibilities for outdoor living, entertaining, or future improvements. The property also includes a 2-car carport with an additional washer/dryer hookup located in the storage area—perfect for added convenience or flexible use. Ideally located just minutes from the loop, schools, shopping, and dining, this home sits right in the center of Tyler, making it highly attractive for homeowners and investors alike. With some updates already completed and room for additional improvements, this property presents a fantastic opportunity as a primary residence, rental investment, or flip.

Key facts

• Formal dining room
• Large backyard
• Walk-in closets

Tags

• TWO SPACIOUS LIVING AREAS
• FORMAL DINING ROOM
• GAS STOVE
• ABUNDANT STORAGE
• WALK-IN CLOSETS
• LARGE BACKYARD

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $160k.

Deal economics

• At list price, monthly cash flow is $395 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $160k).
• Recommended offer: $150k (6.0% below list) — sets the bar for market timing.
• Cap rate 9.3% vs local median 3.6% in Tyler — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 75/100 on livability (#147 in TX, #4,181 nationally) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: employment C-, schools D+, crime D+.
• Tyler ISD (urban): math 39% / reading 38% proficiency, ranked #449 of 826 in TX (top 54%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 66% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising (+3.7%/yr); 327 active listings in the ZIP; 19 comparable units currently listed for rent nearby; rentals leasing fast (median 13d on market — plan ~1-2 weeks tenant-placement turnaround); 42% of comp listings sitting > 30 days — soft ceiling on asking rent; 595 units permitted in Smith County in 2024 (45 in 5+ unit buildings).
• This rent runs 36% of the median local income ($66k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k of value loss. Plan a longer hold.
• Smith County population projected at +24% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (-3.0% appreciation + 3.7% rent growth), your $45k cash investment doubles in ~10 years — after that, you're playing with house money.

Negotiation context

• It's been on market 71 days — a 6% lower offer ($150k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 11y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

• Watch-outs: built in 1930 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major wind risk, 61% chance of damaging wind over 30y; extreme-heat days projected 7→26/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $150,399 (6.0% below list)

Questions for the listing agent

1. It's been on market 71 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Built in 1930 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
6. Crime grade is D in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
7. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
8. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
9. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.23% ✓
• Cap rate: 9.25%
• Cash-on-cash: 10.57%
• DSCR: 1.47
• GRM: 6.8

CMA / ARV

• ARV (median comp): $234,429
• List price: $159,999
• Delta: -31.75%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 7 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3323 S Keaton Ave	0.34mi	3/2.0	1,668 (+2%)	8mo	$245,000	$147	70
3229 Donnybrook	0.31mi	3/1.5	1,720 (+5%)	24mo	$239,000	$139	55
611 E Watkins St	0.62mi	3/1.0	1,478 (-9%)	3mo	$229,000	$155	53
3523 Cameron Ave	0.52mi	3/2.0	1,826 (+12%)	4mo	$307,500	$168	48
213 E Sheridan	0.46mi	2/2.0 (-1)	1,819 (+12%)	5mo	$185,000	$102	46
110 Samuel St	0.46mi	3/2.0	1,870 (+15%)	14mo	$305,000	$163	39
1106 Clyde Dr	0.71mi	4/2.0 (+1)	1,719 (+5%)	13mo	$200,000	$116	38

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 3.66% rent growth · sell at horizon

5-year hold

• IRR: 0.3%
• Equity multiple: 1.01×
• Total profit: $579
• Equity at exit: $23,856

10-year hold

• IRR: 10.7%
• Equity multiple: 1.86×
• Total profit: $38,586
• Equity at exit: $13,834

Cash invested: $44,800 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 87 Strongly Landlord-Friendly
• State Texas: 87 Strongly Landlord-Friendly · R+5
• County: — inherits STATE
• City: — inherits STATE

3-day notice; statewide preemption; one of the fastest eviction climates; Travis County (Austin) slightly slower.

Methodology + full state rankings →

ZIP-level market 75701

• Rents YoY: 3.7%
• Active inventory: 327
• Price-to-rent: 6.8×

Monthly cashflow live

• Estimated rent: $1,968 high
• Mortgage (P&I): −$839
• Tax from tax record: −$255 /mo · $3,055/yr
• Insurance: −$67
• HOA: −$0
• Vacancy / Maint / Mgmt: −$413
• Net cashflow: $395

Break-even live

Break-even rent $1,469

Max offer price $159,999

Occupancy floor 75%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $40,000
• Closing costs: $4,800
• Reserves months: —
• Total cash needed: —

Rent comps 19 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3712 Colony Park Dr Tyler, TX	3.0	2.0	1802	$1,850	$1.03	13d	1	0.05mi
509 Winchester Dr Tyler, TX	4.0	2.0	1960	$2,400	$1.22	13d	1	0.07mi
328 Brookwood Dr Tyler, TX	4.0	2.0	1985	$2,300	$1.16	43d	1	0.21mi
3210 S Donnybrook Ave Tyler, TX	3.0	2.0	1584	$1,945	$1.23	20d	1	0.38mi
3206 Bain Pl Tyler, TX	3.0	2.5	1840	$1,895	$1.03	43d	1	0.48mi
3106 S Donnybrook Ave Tyler, TX	3.0	1.0	1251	$1,525	$1.22	13d	1	0.50mi
117 Ridgecrest Dr Tyler, TX	3.0	2.0	1571	$2,150	$1.37	43d	1	0.62mi
614 Woodland Hills Dr Tyler, TX	2.0	2.0	1690	$2,200	$1.30	43d	1	0.78mi
1101 Balmoral Dr Tyler, TX	3.0	2.0	1930	$1,950	$1.01	43d	1	0.82mi
2720 S Broadway Ave Tyler, TX	1.0–3.0	1.0–2.0	1064	$1,330	$1.25	13d	14	0.87mi
826 Wilma St Tyler, TX	3.0	2.0	1210	$1,800	$1.49	13d	1	0.91mi
1909 Sybil Ln Tyler, TX	1.0–3.0	1.0–2.0	1067	$1,510	$1.42	13d	9	1.06mi
4400 Paluxy Dr Tyler, TX	1.0–3.0	1.0–2.0	905	$1,227	$1.36	13d	60	1.13mi
4118 Southpark Dr Tyler, TX	3.0	2.0	1552	$1,450	$0.93	43d	1	1.15mi
4309 Aberdeen Dr Tyler, TX	3.0	2.0	1219	$1,475	$1.21	43d	1	1.20mi
1717 Shiloh Rd Tyler, TX	1.0–3.0	1.0–2.0	1000	$1,449	$1.45	13d	10	1.22mi
4411 Kinsey Dr Tyler, TX	1.0–2.0	1.0–2.0	894	$1,748	$1.96	13d	15	1.39mi
4418 Edinburgh Dr Tyler, TX	3.0	2.0	1407	$1,750	$1.24	43d	1	1.46mi
5058 Paluxy Dr Tyler, TX	1.0–3.0	1.0–2.0	965	$1,608	$1.67	13d	11	1.47mi

Listing history 21 events

1. 2026-06-13
   statusdays on market $159,999 Pending 71 DOM
2. 2026-06-10
   days on market $159,999 Active 70 DOM
3. 2026-06-09
   days on market $159,999 Active 69 DOM
4. 2026-06-08
   days on market $159,999 Active 68 DOM
5. 2026-06-07
   days on market $159,999 Active 67 DOM
6. 2026-06-05
   days on market $159,999 Active 64 DOM
7. 2026-06-02
   days on market $159,999 Active 62 DOM
8. 2026-06-01
   days on market $159,999 Active 61 DOM
9. 2026-05-31
   days on market $159,999 Active 60 DOM
10. 2026-05-30
    days on market $159,999 Active 59 DOM
11. 2026-05-19
    status Active 1025-char remark

    Show marketing remark (1025 chars)

    Price Improvement!! Welcome to 3623 New Copeland Rd in the heart of Tyler! This 3-bedroom, 2-bath home offers a versatile layout with two spacious living areas, a formal dining room, and a desirable split floor plan. Featuring a gas stove, abundant storage throughout, and walk-in closets in two of the bedrooms, this home provides both functionality and comfort. Situated on a generously sized lot, the large backyard offers endless possibilities for outdoor living, entertaining, or future improvements. The property also includes a 2-car carport with an additional washer/dryer hookup located in the storage area—perfect for added convenience or flexible use. Ideally located just minutes from the loop, schools, shopping, and dining, this home sits right in the center of Tyler, making it highly attractive for homeowners and investors alike. With some updates already completed and room for additional improvements, this property presents a fantastic opportunity as a primary residence, rental investment, or flip.

12. 2026-05-15
    status Pending 1025-char remark

    Show marketing remark (1025 chars)

    Price Improvement!! Welcome to 3623 New Copeland Rd in the heart of Tyler! This 3-bedroom, 2-bath home offers a versatile layout with two spacious living areas, a formal dining room, and a desirable split floor plan. Featuring a gas stove, abundant storage throughout, and walk-in closets in two of the bedrooms, this home provides both functionality and comfort. Situated on a generously sized lot, the large backyard offers endless possibilities for outdoor living, entertaining, or future improvements. The property also includes a 2-car carport with an additional washer/dryer hookup located in the storage area—perfect for added convenience or flexible use. Ideally located just minutes from the loop, schools, shopping, and dining, this home sits right in the center of Tyler, making it highly attractive for homeowners and investors alike. With some updates already completed and room for additional improvements, this property presents a fantastic opportunity as a primary residence, rental investment, or flip.

13. 2026-05-07
    price $159,999 1025-char remark

    Show marketing remark (1025 chars)

    Price Improvement!! Welcome to 3623 New Copeland Rd in the heart of Tyler! This 3-bedroom, 2-bath home offers a versatile layout with two spacious living areas, a formal dining room, and a desirable split floor plan. Featuring a gas stove, abundant storage throughout, and walk-in closets in two of the bedrooms, this home provides both functionality and comfort. Situated on a generously sized lot, the large backyard offers endless possibilities for outdoor living, entertaining, or future improvements. The property also includes a 2-car carport with an additional washer/dryer hookup located in the storage area—perfect for added convenience or flexible use. Ideally located just minutes from the loop, schools, shopping, and dining, this home sits right in the center of Tyler, making it highly attractive for homeowners and investors alike. With some updates already completed and room for additional improvements, this property presents a fantastic opportunity as a primary residence, rental investment, or flip.

14. 2026-03-27
    listed $165,000 Active 1025-char remark

    Show marketing remark (1025 chars)

    Price Improvement!! Welcome to 3623 New Copeland Rd in the heart of Tyler! This 3-bedroom, 2-bath home offers a versatile layout with two spacious living areas, a formal dining room, and a desirable split floor plan. Featuring a gas stove, abundant storage throughout, and walk-in closets in two of the bedrooms, this home provides both functionality and comfort. Situated on a generously sized lot, the large backyard offers endless possibilities for outdoor living, entertaining, or future improvements. The property also includes a 2-car carport with an additional washer/dryer hookup located in the storage area—perfect for added convenience or flexible use. Ideally located just minutes from the loop, schools, shopping, and dining, this home sits right in the center of Tyler, making it highly attractive for homeowners and investors alike. With some updates already completed and room for additional improvements, this property presents a fantastic opportunity as a primary residence, rental investment, or flip.

15. 2020-02-07
    soldstatus
16. 2019-09-13
    soldstatus
17. 2019-09-12
    soldstatus 186-char remark

    Show marketing remark (186 chars)

    Investor or first time home buyer special. 3/2 in the heart of Tyler. This spacious home offers 2 living areas, fenced backyard and much more. with some TLC the possibilities are endless

18. 2019-08-26
    listed $75,000 186-char remark

    Show marketing remark (186 chars)

    Investor or first time home buyer special. 3/2 in the heart of Tyler. This spacious home offers 2 living areas, fenced backyard and much more. with some TLC the possibilities are endless

19. 2015-06-26
    soldstatus
20. 2015-05-27
    listed $60,000
21. 2011-01-05
    soldstatus

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast TX · Resets to sale price

• Current annual tax: $3,055 · $255/mo
• Projected year-2 tax: $3,055 · $255/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 7/10 Severe 7 d/yr ≥109°F today · 26 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 61% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $23,617
• − Mortgage interest: −$8,962
• − Property taxes: −$3,055
• − Insurance: −$800
• − Repairs & maintenance: −$1,889
• − Management: −$1,889
• − Depreciation: −$4,655
• Taxable income: $2,367
• Est. tax owed @ 24.0%: −$568
• After-tax cash flow: $4,166/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Tyler ISD
• NCES district ID: 4843470
• Math proficiency: 39% ▼ -4.00%
• Reading proficiency: 38% ▼ -1.00%
• Median HH income: $44,090
• Composite: 32.69/100
• National rank: #5650
• State rank: #449 of 826 in TX

Livability — Tyler

• Score: 75/100
• State rank: #147
• US rank: #4181

Category grades

Amenities C+ Commute F Cost of living A+ Crime D+ Employment C- Housing A+ Health & safety A+ User ratings C+

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Tyler, TX
• County: Smith County · 180,570 people
• City population: 127,842
• Metro: Tyler, TX
• Population (ZIP): 36,344
• Household income: $66,401
• Rent vs Own: 40.0% rent · 60.0% own
• Severe rent burden: 1116.0

Population outlook (Smith County) Hauer SSP2

• Today (2025): 248,890 people
• By 2030: 261,665 · +5.1%
• By 2040: 286,114 · +15.0%
• By 2050: 308,006 · +23.8%
• By 2075: 354,171 · +42.3%
• By 2100: 372,828 · +49.8%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.64)
• Race & ethnicity: White 53% Black 21% Hispanic / Latino 19% Two or more races 8% Asian 2%
• Hispanic origin (detail): Mexican 17%
• Common ancestry: Slovak 2% Italian 1% Lithuanian 1%
• Foreign-born: 8% · Canada
• Languages at home: 84% English-only · Spanish 14% Other Indo-European 1%

Political lean MEDSL · Smith

• 2024 margin: Solid R (+45.1) · D 27.0% · R 72.1%
• 2008→2024 swing: -5.6pp toward R · 2008: -39.5pp · 2024: -45.1pp
• All cycles: 2024: R+45.1 2020: R+39.4 2016: R+43.9 2012: R+46.9 2008: R+39.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -299.78%
• Current HPI: 207.238
• Rent YoY: ▲ 3.66%
• Metro: Tyler, TX
• State GDP YoY: ▲ 3.95%
• F500 in state: 110

Industry mix (Fortune 500 HQ in TX)

Industry	F500 HQs	Revenue
▸Energy	16	$1,198B
▸Technology	5	$198B
▸Engineering / Construction	4	$72B
▸Energy Services	3	$60B
▸Utilities	3	$41B
▸Healthcare	2	$330B

Price history

+166.7% since first listed

11 events — show timeline

• 2026-05-19 Relisted — GTAR
• 2026-05-15 Pending — GTAR
• 2026-05-07 Price Changed $159,999 GTAR
• 2026-03-27 Listed $165,000 GTAR
• 2020-02-07 Sold (Public Records) — Public Records
• 2019-09-13 Sold (Public Records) — Public Records
• 2019-09-12 Sold (MLS) — LAAR
• 2019-08-26 Listed $75,000 LAAR
• 2015-06-26 Sold (MLS) — GTAR
• 2015-05-27 Listed $60,000 GTAR
• 2011-01-05 Sold (Public Records) — Public Records

Property tax history

+11.4%/yr

Latest (2024): $3,055 · +17.1% YoY. Source: county tax records.