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Tyler, TX 75703
  • 34 Beds
  • 24 Baths
  • 2 Garage
$2,950,000

About this home

Incredible Investment Opportunity – Income-Producing Multi-Family Property with Future Expansion Potential! Located in the highly desirable Henshaw Creek Subdivision, one of Tyler’s newest residential developments just off Old Jacksonville near Three Lakes Middle School, this exceptional commercial property offers both strong current rental income and room for future growth. The property features four completed triplex buildings with 12 units total, providing consistent cash flow. Rental rates range from $1,850 to $2,195 per unit. The unit mix includes two 4-bedroom, 2-bath units, six 3-bedroom, 2-bath units, and four 2-bedroom, 2-bath units, all designed with modern layouts and attractive finishes that appeal to today’s tenants. Residents also enjoy access to nearby walking and biking trails along with scenic ponds, adding to the lifestyle appeal and long-term desirability of the property. With immediate income and the potential for continued development, this property offers an excellent opportunity for investors looking to secure a high-performing asset in one of Tyler’s most promising areas. Schedule your showing today to explore the possibilities this unique investment has to offer.

Overview

Full Baths
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Half Baths
0
Bathrooms
24
Bedrooms
34
Building Area
17065
Levels
One
Living Area
0
Lot Size (Acres)
1.796
Property Subtype
Triplex
Property Type
Residential Income
Status
Active
Year Built
2023

Interior

Appliances
Dishwasher, Gas Range, Microwave, Refrigerator
Cooling
Central Air, Electric
Fireplaces
0
Flooring
Vinyl
Heating
Central, Electric
Interior Features
Decorative/Designer Lighting Fixtures, Open Floorplan

Exterior & Construction

Construction
Brick
Foundation
Slab
Roof
Composition

Parking

Covered Parking
0
Garage Spaces
2

Location & Area

City
Tyler
County
Smith
School District
Tyler ISD
ZIP Code
75703
State
TX
Subdivision
Henshaw Creek

Financial

Price
2950000

Utilities

Sewer
Public Sewer
Utilities
Electricity Connected, Natural Gas Available, Sewer Available, Separate Meters, Water Available

Listing Details

Listing Agent
Kayla Riggs
Listing Office
Keller Williams Realty-Tyler
MLS #
21415318
Virtual Tour
https://www.propertypanorama.com/instaview/ntreis/21415318

Listing agents

Listing AgentKayla RiggsKeller Williams Realty-Tyler

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