Mays Lane, Tyler, Texas

$695,000

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8.00

Acres

About Mays Lane

Prime Development Opportunity – Phase 2 of Preston Ridge, 55+ Gated Community. Now available: 8 ± acres designated for Phase 2 of Preston Ridge, a thriving 55+ gated community in South Tyler. This tract is platted and approved for 37 residential lots, offering an exceptional opportunity for builders and developers to expand within one of Tyler’s most desirable active adult neighborhoods. All utilities—water, sewer, and electricity—are available for extension to the new phase, providing a streamlined path to development. Plat is available. With Phase 1 already established, this property is positioned for a smooth continuation of a proven, sought-after community concept. Conveniently located near shopping, dining, medical facilities, and South Tyler amenities, Preston Ridge offers residents both comfort and convenience. Highlights: 8 ± acres platted for 37 lots. Utilities (water, sewer, electric) available for expansion. Established 55+ gated community with strong demand. Excellent South Tyler location. This is a rare chance to develop within a successful community and meet the growing demand for quality 55+ housing in East Texas.

Status Change History

Apr 10, 2026 Status Changed from Pending to Closed Closed
Apr 10, 2026 Status Changed from Active Under Contract to Pending Pending
Feb 10, 2026 Status Changed from Active to Active Under Contract Active Under Contract

Features of Mays Lane

MLS® # 21035226
Price $695,000
Acres 8.00
Type Commercial Sale
Sub-Type Unimproved Land
Status Closed

Community Information

Address Mays Lane
Subdivision PRESTON RIDGE U-2
City Tyler
County Smith
State Texas
Zip Code 75703

Amenities

Utilities City Sewer, City Water, Electricity Available
Is Waterfront No
Has Pool No

Interior

Fireplace No

Exterior

Lot Description Cleared, Interior Lot, Irregular Lot

Additional Information

Date Listed August 18th, 2025
Date Sold April 10th, 2026
Days on Market 393
Zoning PUR

Listing Details

AgentMatthew Marshall
OfficeDrake Real Estate
Contact Info903-581-3737

Listing Map

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