Prime Development Opportunity in Designated Opportunity Zone
Positioned just outside the city limits of Tyler, 1609 CR 246 presents a rare investment and development opportunity in one of East Texas’ fastest-growing markets. Located within a federally designated Opportunity Zone, this property offers the potential for significant tax advantages while capitalizing on the continued expansion of the Tyler area.
The site features expansive land with flexible use potential — ideal for residential development, light commercial, industrial, storage, or long-term land hold strategies. With convenient access to major thoroughfares and proximity to retail, medical, and employment hubs, this location provides both accessibility and privacy.
As Tyler continues to experience population growth and commercial expansion, properties within Opportunity Zones are increasingly attractive to investors seeking long-term appreciation and strategic tax planning benefits.
Whether you are a developer, investor, or business owner looking to secure a high-upside asset, 1609 CR 246 delivers location, flexibility, and future-forward potential.
Lot/land
Price cut: $105K (5/12)
$995,000
1609 County Road 246 S, Tyler, TX 75705
--beds
--baths
101Acres
Unimproved Land
Built in ----
101 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Expansive land
- 141 days |
- 55 |
- 1 |
Zillow last checked:
Listing updated:
Listed by:
Jason Jarvis 0741093 830-446-3378,
Legacy Broker Group 830-446-3378
Source: NTREIS,MLS#: 21182347
Facts & features
Interior
Video & virtual tour
Property
Features
- Fencing: Cross Fenced
Lot
- Size: 101 Acres
- Features: Acreage
Details
- Parcel number: 100000018500062000
- Zoning description: Rural909T
Utilities & green energy
- Water: Well
- Utilities for property: Water Available
Community & HOA
Community
- Subdivision: Na
HOA
- Has HOA: No
Location
- Region: Tyler
Financial & listing details
- Annual tax amount: $33
- Date on market: 2/20/2026
- Cumulative days on market: 142 days
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/12/2026 | Price change | $995,000-9.5% |
Source: NTREIS #21182347 Report a problem | ||
| 2/20/2026 | Listed for sale | $1,100,000 |
Source: NTREIS #21182347 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Estimated monthly payment$1,822
Principal & interest
$1,547Mortgage insurance
$0Property taxes
$170Home insurance
$105HOA fees
$0Utilities
Not includedAll calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 75705
Nearby schools
GreatSchools rating
- 5/10W L Kissam Elementary SchoolGrades: 4-6Distance: 10.9 mi
- 5/10Chapel Hill Middle SchoolGrades: 7-8Distance: 10.6 mi
- 4/10Chapel Hill High SchoolGrades: 9-12Distance: 10.5 mi
Schools provided by the listing agent
- Elementary: Chapelhill
- Middle: Chapelhill
- High: Chapelhill
- District: Chapel Hill ISD
Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- $47,8404 Acres1181 County Road 246 S, Tyler, TX 75705Off Market
Save - $21,262-- bd-- ba-- sqft1181 County Road 246 S, Tyler, TX 75705Off Market
Save - $24,018-- bd-- ba-- sqftHwy 31, Kilgore, TX 75662Off Market
Save - $--3 bd2 ba1.5k sqft23230 State Highway 31 E, Kilgore, TX 75662Sold
Save 
- $126,4642.04 Acres23450 State Highway 31 E, Tyler, TX 75662Off Market
Save - $349,46053.689 AcresC R 246, Tyler, TX 75705Off Market
Save - $4,106-- bd-- ba-- sqft23251 State Highway 31 E, Kilgore, TX 75662Off Market
Save - $357,800-- bd2 ba2.6k sqft23482 State Highway 31 E, Kilgore, TX 75662Off Market
Save
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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Contact agent
- Texas
- Smith County
- Tyler
- 75705
- 1609 County Road 246 S