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$1,800,000
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Property Description
Land for sale in south east Tyler. The best use of this property would be for multi-family residential development, perfect for student housing at only 0.3 miles from UT Tyler. According to the City of Tyler s Unified Development Code, the maximum density allowable for the subject property would be 455 units. If specific reliance is required, confirmation from the City of Tyler s Planning and Zoning Department should be acquired. Dirt work is substantially completed. City Services Available. Approximately 0.3 miles from UT Tyler. Chapel Hill ISD.
Full Property Details
Full Property Details for 3980 McDonald Rd
General
- Price: $1,800,000
- Status: Active
- Type: Commercial Investment
- Source: Tyler_MLS
- MLS ID: 26001358
- Updated: 1/29/2026
- Added to Site: 27 day(s) ago
Location
- County: Smith
- Driving Directions: From the intersection of Old Omen Rd and McDonald Rd., head east on McDonald Rd. In about 0.37 miles, property will be on the left at the end of McDonald Rd.
Utilities
- Sewer: Sewer Available
- Water: Water Available
Structural Information
- Exterior Const.: None
- Year Built Source: NA
Lot Features
- Lot Size (Acres): 18.96
- Lot Dimensions: 18.96 ac
- Frontage: City/Town Road
- Potential Use: None, Other/See Remarks
- Zoning: Multi Family Dwelling, Other/See Remarks
Listed by Drake Real Estate & Investments, Matthew Marshall
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Schools
Schools serving 3980 McDonald Rd
School District:Chapel Hill Independent School District
| Name | Grades | Distance |
|---|---|---|
W L Kissam Elementary School 12800 State Highway 64, Tyler, TX 75707 | PK-5 | 3 mi |
Chapel Hill Elementary School 1069 County Road 4660, Mount Pleasant, TX 75455 | PK-5 | 58.2 mi |
Chapel Hill Middle School 13174 State Highway 64, Tyler, TX 75707 | 6-8 | 3.4 mi |
Chapel Hill J High School 1069 County Road 4660, Mount Pleasant, TX 75455 | 6-8 | 58.2 mi |
Chapel Hill High School 13172 State Highway 64, Tyler, TX 75707 | 9-12 | 3.5 mi |
Chapel Hill High School 1069 County Road 4660, Mount Pleasant, TX 75455 | 11-12 | 58.2 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 3980 McDonald Rd
Date
Details
Price
Change
Source
1/29/2026
Listed
$1,800,000
—
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 3980 McDonald Rd
Year
Property Taxes
Change
Tax Assessment
Change
2024
$27,408
17%
$1,445,321
17%
2023
$23,393
5%
$1,238,846
—
2022
$22,304
-5%
$1,238,846
—
2021
$23,585
132%
$1,238,846
131%
2020
$10,162
-3%
$536,833
—
2019
$10,472
-16%
$536,833
-13%
2018
$12,461
—
$619,423
—
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 3980 McDonald Rd
3980 McDonald Rd, Tyler, TX 75701 (MLS# 26001358) is a Commercial Investment property. 3980 McDonald Rd is currently listed for $1,800,000 and was received on January 29, 2026. Want to learn more about 3980 McDonald Rd? Do you have questions about finding other Commercial Investment real estate for sale in Tyler? You can browse all Tyler real estate or contact a Coldwell Banker agent to request more information.

