Property
Beds
34
Full Baths
24
1/2 Baths
None
Year Built
2023
Sq.Footage
N/A
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, one unfinished triplex, and two additional lots that can accommodate two more triplexes—allowing for a total of six triplexes upon full buildout. 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!
Features & Amenities
Interior
-
Other Interior Features
Open Floorplan
-
Total Bedrooms
34
-
Bathrooms
24
-
Cooling YN
YES
-
Cooling
Central Air, Electric
-
Heating YN
YES
-
Heating
Central, Electric
-
Pet friendly
N/A
Exterior
-
Garage
Yes
-
Garage spaces
2
-
Construction Materials
Brick
-
Parking
Concrete, Driveway, Garage, Attached
-
Pool
No
Area & Lot
-
Lot Size(acres)
2.807
-
Property Type
Residential Income
-
Property Sub Type
Triplex
Price
-
Sales Price
$3,800,000
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
Dr. Bryan Jack
-
Middle School
Three Lakes
-
High School
Tyler Legacy
Property Features
-
Foundation Details
Slab
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
Smith
Elementary School
Dr. Bryan Jack
Middle School
Three Lakes
High School
Tyler Legacy
Listing Courtesy of Kayla Riggs , Keller Williams Realty-Tyler
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