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Phenomenal Investment Opportunity - High-Performing Multi-Family Property with Expansion Potential! This exceptional commercial property presents an incredible opportunity for investors seeking strong rental income with room for future development. Situated in the highly desirable Henshaw Creek Subdivision, one of Tyler's newest residential development just off Old Jacksonville near Three Lakes Middle School, this property currently consists of three completed triplexes and one unfinished triplex. With 9 fully leased units, this investment already generates steady cash flow, with rents ranging from $1,850 to $2,195 per unit. The existing rental units include two 4-bedroom, 2-bath units, six 3-bedroom, 2-bath units, and four 2-bedroom, 2-bath units, all featuring modern layouts and desirable amenities. Beyond the property itself, residents enjoy immediate access to beautiful walking and biking trails, and scenic ponds"”enhancing the appeal and long-term value of this investment. This property provides an excellent balance of immediate returns and long-term growth potential, making it a rare find in today's market. Don't miss this chance to secure a lucrative multi-family asset in one of Tyler's most promising developments"”schedule your showing today!
| LAST UPDATED | 5/12/2025 | TRACT | Henshaw Creek |
|---|---|---|---|
| YEAR BUILT | 2023 | GARAGE SPACES | 2.0 |
| COUNTY | Smith | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| School District | Tyler ISD |
|---|---|
| Elementary School | Dr. Bryan Jack |
| Jr. High School | Three Lakes |
| High School | Tyler Legacy |
| ADDITIONAL DETAILS | |
| AIR | Central Air, Electric |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Gas Range, Microwave, Refrigerator |
| CONSTRUCTION | Brick |
| GARAGE | Yes |
| HEAT | Central, Electric |
| INTERIOR | Open Floorplan |
| LOT | 1.796 acre(s) |
| PARKING | Concrete, Driveway, Garage, Attached |
| SEWER | Public Sewer |
| STORIES | 1 |
| SUBDIVISION | Henshaw Creek |
| UTILITIES | Electricity Connected, Natural Gas Available |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Kayla Riggs, Keller Williams Realty Tyler
You may not reproduce or redistribute this data, it is for viewing purposes only. This data is deemed reliable, but is not guaranteed accurate by the MLS or NTREIS.This data was last updated on: 5/13/25 7:53 AM PDT
This IDX solution is (c) Diverse Solutions 2025.