New ListingIncredible 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.
| MLS # | 26014192 |
|---|---|
| Listing Type | For Sale |
| Style | Building |
| Sub-Type | New Construction |
| Status | Active |
| Year | 2023 |
| Days On Site | 5 |
| Listing Provided By | Keller Williams Realty-Tyler | Haden Riggs |
| Units | 12 |
|---|---|
| Building(s) | 4 |
| Acreage | 1.80 |
| Cooling | Central Electric, Ceiling Fan(s) |
|---|---|
| Heating | Central |
| Lot Features | Inside City Limits |
|---|---|
| Topography | Level |
| Construction Materials | Brick |
| Parking Features | Garage |
|---|
| Utilities | Underground Utilities, Separate Electric Meter, Individual Gas Meters, Separate Water Meter, Electric On Site, Natural Gas Connected |
|---|---|
| Sewer | Public Sewer |
| Water Source | Public |
| Tax Legal Description | See private remarks |
|---|---|
| Tax Year | 2025 |
| Tax Value Exempted Yes / No | No |
| State | TX |
|---|---|
| County | Smith |
| City | Tyler |
| Zip Code | 75703 |
| Area | Smith |
| Listing VS Median (in 75703) | |
Price: $2,950,000 low | high Med: $379,000 On site: 5 low | high Med: 72 | |
| State | TX |
|---|---|
| County | Smith |
| City | Tyler |
| Zip Code | 75703 |
| Area | Smith |
| Listing VS Median (in 75703) | |
Price: $2,950,000 low | high Med: $379,000 On site: 5 low | high Med: 72 | |
![]() | $2,950,00014151 County Road 192Tyler, TX 75703 |