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 # | 21415318 |
|---|---|
| Listing Type | For Sale |
| Style | Triplex |
| Sub-Type | Resale |
| Status | Active |
| Year | 2023 |
| Days On Site | 6 |
| Listing Provided By | Keller Williams Realty-Tyler | Kayla Riggs |
| Bed(s) | 34 |
|---|---|
| Bath(s) | 24 Total |
| Garage | 2 |
| Story(s) | 1 |
| Units | 12 |
| Building(s) | 4 |
| Acreage | 1.80 |
| Cooling | Central Air, Electric |
|---|---|
| Heating | Central, Electric |
| Interior Features | Decorative Lighting, Open Floorplan |
| Appliances | Dishwasher, Gas Range, Microwave, Refrigerator |
| Roof | Composition |
|---|---|
| Security Features | Smoke Detector(s) |
| Construction Materials | Brick |
| Foundation Details | Slab |
| Garage Yn | 1 |
|---|---|
| Attached Garage Yn | 1 |
| Parking Features | Concrete, Driveway, Garage |
| Utilities | City Sewer, City Water, Electricity Connected, Individual Gas Meter, Individual Water Meter, Natural Gas Available |
|---|
| Tax Legal Description | See remarks |
|---|
| State | TX |
|---|---|
| County | Smith |
| City | Tyler |
| Zip Code | 75703 |
| Area | Smith |
| Community Name | Henshaw Creek |
| School District | Tyler ISD |
| Elementary School | Dr. Bryan Jack |
| High School | Tyler Legacy |
| Listing VS Median (in Henshaw Creek) | |
Price: $2,950,000 low | high Med: $0 On site: 6 low | high Med: | |
| State | TX |
|---|---|
| County | Smith |
| City | Tyler |
| Zip Code | 75703 |
| Area | Smith |
| Community Name | Henshaw Creek |
| School District | Tyler ISD |
| Elementary School | Dr. Bryan Jack |
| High School | Tyler Legacy |
| Listing VS Median (in Henshaw Creek) | |
Price: $2,950,000 low | high Med: $0 On site: 6 low | high Med: | |