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$179,900 Just Listed
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Property 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.
Full Property Details
Full Property Details for 2516 Canton St
General
- Price: $179,900
- Taxes: $1,719 (2025)
- Status: Active
- Type: Single Family
- Source: Tyler_MLS
- MLS ID: 26002079
- Updated: 2/13/2026
- Added to Site: 6 day(s) ago
Interior
- Rooms/Areas: 1 Living Area
- Interior Features: Other/See Remarks
- Fireplace(s): None
- Appliances: None
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
- Bedroom Features: All Bedrooms Downstairs
Other Rooms
- Dining Room: Kitchen/Eating Combo, Separate Formal Dining
Additional Information
- Pool Description: None
Exterior
- Exterior Features: Porch
Location
- County: Smith
- Subdivision: LAKE PARK HEIGHTS
- Driving Directions: Downtown Tyler, TX 75702 Head toward N Ellis Ave ? 0.2 mi Turn right onto N Palace Ave ? 0.2 mi Turn left onto W Bow St ? 0.3 mi Turn right onto N Confederate Ave ? 144 ft Turn left at the 1st cross street onto W Gentry Pkwy ? Pass by AutoZone Auto Parts (on the right in 0.6 mi) ? 1.0 mi Turn left after Sonic Drive-In (on the right) ? 0.1 mi Turn right onto Canton St ? Destination will be on the left
School Information
- Elementary School: Ramey
- Middle School: Boulter
- High School: Tyler High
Heating & Cooling
- Cooling Type: None
- Heating Type: None
Utilities
- Sewer: Public Sewer
Structural Information
- Architectural Style: Traditional
- Exterior Const.: Wood Frame, Siding, Wood Based Siding
- Foundation: Pier and Beam
- Roof: Composition
- Square Feet: 1,300
- Sq. Ft. Source: SELLER
- Year Built: 1951
Lot Features
- Fencing (Description): None
Financial Considerations
- Tax Amount: $1,719
- Tax Year: 2025
- Terms: Conventional, FHA, VA, Cash
Disclosures and Reports
- Special Conditions: None
- Docs Filed: None
Listed by Mora Realty Group, LLC, Maugno Mora
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Schools
Schools serving 2516 Canton St
School District:Tyler Independent School District
| Name | Grades | Distance |
|---|---|---|
Ramey Elementary School 2000 North Forest Avenue, Tyler, TX 75702 | PK-5 | 0.6 mi |
Boulter Middle School 2926 Garden Valley Road, Tyler, TX 75702 | 6-8 | 0.4 mi |
Tyler High School 3535 Lion Lane, Tyler, TX 75702 | 9-12 | 1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2516 Canton St
Date
Details
Price
Change
Source
2/13/2026
Listed
$179,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2516 Canton St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,826
—
$107,316
2%
2024
$1,826
17%
$105,472
18%
2023
$1,559
-1%
$89,430
12%
2022
$1,571
82%
$80,181
95%
2021
$862
3%
$41,182
3%
2020
$838
-2%
$39,923
2%
2018
$854
—
$39,064
-2%
2019
$854
—
$39,923
2%
2017
$850
7%
$39,064
5%
2016
$798
4%
$37,377
4%
2015
$765
2%
$36,011
2%
2014
$748
-4%
$35,219
-4%
2013
$779
—
$36,783
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2516 Canton St
2516 Canton St., Tyler, TX 75702 (MLS# 26002079) is a Single Family property with 4 bedrooms and 2 full bathrooms. 2516 Canton St. is currently listed for $179,900 and was received on February 13, 2026. Want to learn more about 2516 Canton St.? Do you have questions about finding other Single Family real estate for sale in Tyler? You can browse all Tyler real estate or contact a Coldwell Banker agent to request more information.

