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
Pending
$70,000
516 Preston Ridge Dr, Tyler, TX 75703
--beds
--baths
5,749.92Square Feet
Est.:
Unimproved Land
Built in ----
5,749.92 Square Feet Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 35 days |
- 4 |
- 0 |
Zillow last checked: 7 hours ago
Listing updated: March 10, 2026 at 06:46am
Listed by:
Jeremy Caruthers 903-630-0582,
Drake Real Estate & Investments
Source: GTARMLS,MLS#: 26001975
Facts & features
Property
Features
- Fencing: None
Lot
- Size: 5,749.92 Square Feet
- Dimensions: 50 x 109
- Features: Subdivision, Rectangular Lot, Other/See Remarks
- Topography: Level,Other/See Remarks
- Residential vegetation: No Timber
Details
- Parcel number: 150000160201024000
- Special conditions: Planned Unit Development,Homeowner's Assn Dues
Utilities & green energy
- Sewer: Public Sewer
- Utilities for property: Natural Gas Connected, Water Connected, Electricity Connected
Community & HOA
Community
- Features: Green Belt
- Subdivision: Preston Ridge
Location
- Region: Tyler
Financial & listing details
- Tax assessed value: $24,222
- Annual tax amount: $478
- Date on market: 2/11/2026
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
$2,142/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/11/2026 | Pending sale | $67,500+12.7% |
Source: | ||
| 2/10/2026 | Listing removed | $59,900 |
Source: | ||
| 8/16/2025 | Listed for sale | $59,900 |
Source: | ||
| 8/6/2025 | Listing removed | $59,900 |
Source: | ||
| 3/7/2025 | Listed for sale | $59,900 |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $412 -2.4% | $24,222 |
| 2023 | $422 -11% | $24,222 |
| 2022 | $475 +3% | $24,222 +10.1% |
| 2021 | $461 | $22,000 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$425/mo
Principal & interest
$361
Property taxes
$64
More affordability tools
Climate risks
Neighborhood: 75703
Nearby schools
GreatSchools rating
- 5/10Rice Elementary SchoolGrades: PK-5Distance: 1.7 mi
- 6/10Hubbard Middle SchoolGrades: 6-8Distance: 2.6 mi
- 6/10Tyler Legacy High SchoolGrades: 9-12Distance: 2.3 mi
Schools provided by the listing agent
- Elementary: Rice
- Middle: Hubbard
- High: Tyler Legacy
Source: GTARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Local experts in 75703
- Texas
- Smith County
- Tyler
- 75703
- 516 Preston Ridge Dr




