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Investment Highlights

  • Fully entitled 19.3-acre site with approvals for up to 300 multifamily units.
  • Minutes from Bellwood Development and Tyler Medical District, ensuring strong demand drivers.
  • Positioned in a high-growth market with strong employment and healthcare presence.
  • Includes complete civil, site, and architectural plans for expedited development.
  • Convenient access to major retail, dining, and lifestyle amenities at The Village at Cumberland Park.

Executive Summary

Cascade Park Village presents a fully entitled, shovel-ready multifamily development opportunity in Tyler, Texas. Spanning 19.3 acres, this site is approved for up to 300 garden-style apartment units across 12 two-story buildings, including a clubhouse. The property comes with complete civil, site, and architectural plans, reducing development timelines and mitigating entitlement risk.
With proximity to The Village at Cumberland Park, one of East Texas’ largest retail destinations, and easy access to major thoroughfares, Cascade Park Village is positioned to capture Tyler’s robust population growth and rental demand. This is an exceptional opportunity for developers and investors seeking a high-demand multifamily project in a growing East Texas market.

Property Facts

Price $4,154,969 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Multifamily
Total Lot Size 19.30 AC
Zoning R-MF - R-MF Multi-Family Residential District

1 Lot Available

Lot

Price $4,154,969 CAD
Price Per AC $215,283.34 CAD
Lot Size 19.30 AC

shovel-ready multifamily development opportunity in Tyler, Texas.

Description

The property at 2505 Walton Rd in Tyler, Texas, consists of 19.3 acres zoned R-MF for multifamily use. It includes approved plans for 12 two-story residential buildings and a clubhouse. The site is located approximately 1.5 miles from the Bellwood Development and within 3 to 4 miles of major healthcare facilities and educational institutions. The surrounding area includes retail centers, employment hubs, and major roadways providing regional connectivity.

Fairly walkable
40/100
Very drivable
80/100
Fairly bikeable
50/100
  • Listing ID: 40073387

  • Date on Market: 2026-04-08

  • Last Updated:

  • Address: 2505 Walton rd, Tyler, TX 75701

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