516 Preston Rdg Dr

Tyler, TX 75703

$59,900
Price
5,749 / 0.13
Lot Size / Acres
a front view of a house with a yard
a view of a park with large trees
a view of a yard
a front view of a building

Description

516 Preston Ridge Dr – Lot in Preston Ridge 55+ Community Opportunity in the desirable gated 55+ community of Preston Ridge! This 0.132-acre lot (50x109) offers an ideal setting for your future home offering elevated views and a wooded buffer. With utilities already available, building here is simple and convenient. This lot is one of only three still available, making it a limited chance to secure your spot in this sought-after neighborhood. Preston Ridge is known for its peaceful atmosphere, well-planned...516 Preston Ridge Dr – Lot in Preston Ridge 55+ Community Opportunity in the desirable gated 55+ community of Preston Ridge! This 0.132-acre lot (50x109) offers an ideal setting for your future home offering elevated views and a wooded buffer. With utilities already available, building here is simple and convenient. This lot is one of only three still available, making it a limited chance to secure your spot in this sought-after neighborhood. Preston Ridge is known for its peaceful atmosphere, well-planned layout, and welcoming environment for active adults. Don’t miss your opportunity to design and build your home at 516 Preston Ridge Dr
  1. Listed by Jeremy Caruthers • TREC #0627529 • Drake Real Estate & Investments

Property Details for 516 Preston Rdg Drive

Waterfront
No
Subdivision Name
Preston Ridge
NEIGHBORHOOD AMENITIES
Green Belt
LISTING UPDATED: 12/04/2025 10:17 AM

Property Details for 516 Preston Rdg Drive

StatusActive
MLS #25012453
Days on Market31
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLots
Year Built-
Lot Size0.13 AC
CountySmith County

Location

Listing Courtesy of Drake Real Estate & Investments, Jeremy Caruthers
Add your commute

Building Information for 516 Preston Rdg Drive

Lot Size0.13 AC

Payment Calculator

$330 per month

30 year fixed, 6.28% Interest

Principal and Interest

$296

Property Taxes

$34

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 516 Preston Rdg Drive

Summary
Location and General Information
  • County: Smith
  • Waterview: No
  • TOPOGRAPHY: Level, Other/See Remarks
  • Directions (NO OFFICES): From the intersection of W Grande Blvd. and S Broadway Ave., head south on S Broadway Ave. In approximately 0.66 miles, turn right onto Muller Garden Rd. In about a quarter mile continue onto Preston Ridge Dr. Property will be on the left in about 0.09 miles.
  • City: Tyler
  • State: TX
  • Geo Subdivision: TX
  • Lake Community: No
Taxes and HOA
  • Taxes: 478.38
School Information
  • Elementary: Rice
  • Middle School: Hubbard
  • High School: Tyler Legacy
Property
Property and Assessments
  • Class: LOTS
  • DOCUMENTS ON FILE: Survey Plat
  • EASEMENTS: Drainage
  • Foreclosure/Bank Owned Y/N: No
  • Legal: PRESTON RIDGE U-1 BLOCK 1602-A LOT 24
  • Lot Dimension Source: Plat
Lot Information
  • LOT/LAND DESCRIPTION: Other/See Remarks, Rectangular, Subdivision
  • LOT TYPE: Single Family
  • Total Number of Acres: 0.132
  • Approx Lot Dimension: 50x109
Utilities
  • SEWER: Public Sewer
  • WATER: Water On Site
  • ELECTRIC: Electric On Site
  • GAS: Natural Gas Onsite
Interior and Exterior Features
Exterior Features
  • TIMBER TYPE: None
  • FENCING: None

Property History for 516 Preston Rdg Drive

DateEvent & SourcePriceAppreciation
Dec 4, 2025

Listed (Active)

Greater Tyler Association of REALTORS #25012453

$59,900—
Aug 6, 2025

Listed (Active)

Greater Tyler Association of REALTORS #25003465

$59,900—
Oct 2, 2024

Temporarily Off Market

Greater Tyler Association of REALTORS #24004356

—
Oct 2, 2024

Listed (Active)

Greater Tyler Association of REALTORS #24004356

$72,165—
DateEvent & SourcePrice
12/04/2025

Listed (Active)

Greater Tyler Association of REALTORS #25012453

$59,900
08/06/2025

Listed (Active)

Greater Tyler Association of REALTORS #25003465

$59,900
10/02/2024

Temporarily Off Market

Greater Tyler Association of REALTORS #24004356

—
10/02/2024

Listed (Active)

Greater Tyler Association of REALTORS #24004356

$72,165

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

Public Records for 516 Preston Rdg Drive

Taxable ValueLand$28,120Additions-Total$28,120
Tax Record2024$412 ($34 / month)
Home Facts
Beds0Lot Size5,750 SqFtStyleSingle Family ResidenceCountySMITHAPN1-50000-1602-01-024000

Schools near 516 Preston Rdg Drive

This home is within Tyler Independent School District.
Rating
School
Type
Grades
Distance
Rice Elementary School
Public - PK to 5
Hubbard Middle School
Public - 6 to 8
Tyler Legacy High School
Public - 9 to 12
Birdwell Elementary School
Public - PK to 8
Rating
School
Distance
Rice Elementary School
PublicPK to 5

Hubbard Middle School
Public6 to 8

Tyler Legacy High School
Public9 to 12

Birdwell Elementary School
PublicPK to 8

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 516 Preston Rdg Drive, Tyler, TX 75703

516 Preston Rdg Drive is a 0.13 ac of land for sale in Tyler, TX 75703. This property was listed for sale on December 4, 2025 by Drake Real Estate & Investments, it's currently listed at $59,900. This listing's school district is Tyler Independent School District. Nearby schools include Rice Elementary School, Hubbard Middle School and Tyler Legacy High School. 516 Preston Rdg Drive is a 0-bed, 0-bath, 0.13 ac of land on a 5,749 sq. ft. / 0.13 acres lot.

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 Drake Real Estate & Investments, Jeremy Caruthers

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: 12/04/2025 10:17 AM