4966 FM 346

Tyler, TX 75703

$375,000
Price
5
Beds
2
Baths
2,336 Sq. Ft.
$161 / Sq. Ft.
2,336
Sq. Ft.
$161
per Sq. Ft.

Description

Investor Opportunity – Duplex on 4 Acres in Whitehouse ISD Seize this rare investment opportunity in the highly sought-after Whitehouse School District! This income-producing duplex sits on a generous 4-acre lot and offers incredible potential for growth. One side of the property features a 3-bedroom, 1 bath unit, while the other side offers a 2 bedroom, 1 bath layout—both spacious and well-maintained. Each side is currently leased, with tenants in place through November and December, ensuring immediate...Investor Opportunity – Duplex on 4 Acres in Whitehouse ISD Seize this rare investment opportunity in the highly sought-after Whitehouse School District! This income-producing duplex sits on a generous 4-acre lot and offers incredible potential for growth. One side of the property features a 3-bedroom, 1 bath unit, while the other side offers a 2 bedroom, 1 bath layout—both spacious and well-maintained. Each side is currently leased, with tenants in place through November and December, ensuring immediate cash flow for the new owner. With ample land surrounding the duplex, there's plenty of room to expand your portfolio—and add additional units. The location combines the benefits of peaceful country living with quick access to Whitehouse and Tyler amenities, making it attractive for long-term renters. Whether you're a seasoned investor looking to expand or just getting started in real estate, this property offers flexibility, stability, and future growth potential. Don’t miss your chance to secure a solid investment in one of East Texas’ most desirable school districts!
  1. Listed by Cindi Featherston-Shields • TREC #0433186 • The Property Shoppe - eXp Realty, LLC

Property Details for 4966 FM 346

Waterfront
No
Subdivision Name
N Henderson
ZONING
Multi Fam Dwelling 1 St, Single Family
LISTING UPDATED: 01/16/2026 10:17 AM

Property Details for 4966 FM 346

StatusActive
MLS #25009953
Days on Market207
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1990
Lot Size4.10 AC / 178,596 SF
CountySmith County

Location

Listing Courtesy of The Property Shoppe - eXp Realty, LLC, Cindi Featherston-Shields
Add your commute

Building Information for 4966 FM 346

Stories-Residences2Year Built1990Building Size-Lot Size4.10 AC / 178,596 SF

Payment Calculator

$1,828 per month

30 year fixed, 6.15% Interest

Principal and Interest

$1,828

Property Taxes

$0

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 4966 FM 346

Summary
Location and General Information
  • County: Smith
  • Waterview: No
  • Directions (NO OFFICES): Head south on FM 756/Paluxy, Turn right onto FM 346 Destination will be on the left
  • City: Tyler
  • State: TX
  • Geo Subdivision: TX
  • Lake Community: No
Taxes and HOA
  • Taxes: 4314.36
  • Tax Year: 2025
Parking
  • PARKING 2-4 FAMILY: Paved Areas
School Information
  • Elementary: Whitehouse - Stanton-Smith
  • Middle School: Whitehouse
  • High School: Whitehouse
Property
Property and Assessments
  • Appraisal District Number: R097074
  • Class: MULTI-FAMILY
  • Year of Construction: 1990
  • Foreclose/Bank Owned Y/N: No
  • Legal: ABST A0442 N HENDERSON TRACT 4.1, 5
Lot Information
  • Approx SqFt: 2336
  • Total Number of Acres: 4.1
Utilities
  • INDIVIDUALLY METERED UTIL: Other/See Remarks
Interior and Exterior Features
Exterior Features
  • CONSTRUCTION: Wood/ Frame
  • EXTERIOR: Deck Open, Porch
  • ROOF: Composition
  • FOUNDATION: Pier and Beam
Interior Features
  • FIREPLACE: None
  • COOLING: Central Electric
  • HEATING: Central Electric
Multi Family
Multi-Family Information
  • # Units: 2.0
Income & Expenses Information
  • OWNERS EXPENSES: Electric, Lawn Care, Maintenance Repairs, Taxes, Water/Sewer/Trash
Unit 1
  • Unit 1 # Bedrooms: 3
  • Unit 1 # Baths: 1
  • Unit 1 Living Room Y/N: Yes
Unit 2
  • Unit 2 # Bedrooms: 2
  • Unit 2 # Baths: 1
  • Unit 2 Living Room Y/N: Yes
Rental
Rental Information
  • TENANT PAYS: Other/See Remarks

Property History for 4966 FM 346

DateEvent & SourcePriceAppreciation
Jan 16, 2026

Listed (Active)

Greater Tyler Association of REALTORS #25009953

$375,000—
Nov 3, 2025

Pending

Greater Tyler Association of REALTORS #25009953

—
Jul 1, 2025

Listed (Active)

Greater Tyler Association of REALTORS #25009953

$399,000—
May 20, 2025

Temporarily Off Market

Greater Tyler Association of REALTORS #24016683

—
May 20, 2025

Price Change

Greater Tyler Association of REALTORS #24016683

$399,000—
Feb 26, 2025

Price Change

Greater Tyler Association of REALTORS #24016683

$450,000—
Dec 13, 2024

Listed (Active)

Greater Tyler Association of REALTORS #24016683

$480,000—
DateEvent & SourcePrice
01/16/2026

Listed (Active)

Greater Tyler Association of REALTORS #25009953

$375,000
11/03/2025

Pending

Greater Tyler Association of REALTORS #25009953

—
07/01/2025

Listed (Active)

Greater Tyler Association of REALTORS #25009953

$399,000
05/20/2025

Temporarily Off Market

Greater Tyler Association of REALTORS #24016683

—
05/20/2025

Price Change

Greater Tyler Association of REALTORS #24016683

$399,000
02/26/2025

Price Change

Greater Tyler Association of REALTORS #24016683

$450,000
12/13/2024

Listed (Active)

Greater Tyler Association of REALTORS #24016683

$480,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 4966 FM 346

This home is within Whitehouse Independent School District.
Rating
School
Type
Grades
Distance
Stanton-Smith Elementary School
Public - PK to 5
J W Holloway Sixth Grade School
Public - 6
Whitehouse Junior High School
Public - 6 to 8
Whitehouse High School
Public - 9 to 12
Rating
School
Distance
Stanton-Smith Elementary School
PublicPK to 5

J W Holloway Sixth Grade School
Public6

Whitehouse Junior High School
Public6 to 8

Whitehouse High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 4966 FM 346, Tyler, TX 75703

4966 FM 346 is a multi-family home for sale in Tyler, TX 75703. This property was listed for sale on July 1, 2025 by The Property Shoppe - eXp Realty, LLC, it's currently listed at $375,000. This listing's school district is Whitehouse Independent School District. Nearby schools include Stanton-Smith Elementary School, J W Holloway Sixth Grade School and Whitehouse Junior High School. 4966 FM 346 is a 5-bed, 2-bath, 2,336 sqft multi-family home built in 1990.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of The Property Shoppe - eXp Realty, LLC, Cindi Featherston-Shields

The information being provided by North Texas Real Estate Information Systems (NTREIS) and Greater Tyler Association of REALTORS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. This website may reference real estate listing(s) held by a brokerage firm other than Compass. Any information relating to real estate for sale in Dallas, Texas comes from NTREIS. Listings marked with an icon are provided courtesy of the NTREIS Internet Data Exchange database. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be verified through personal inspection by and/or with appropriate professionals.The data contained herein is copyrighted by NTREIS and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 North Texas Real Estate Information Systems. All rights reserved. Date last updated: 01/16/2026 10:17 AM