Active

14195 County Road 192

Tyler TX, 75703

$3,800,000


$222.68 per sqft

Active

17,065 sqft

Commercial

Built in 2023

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!

25002612

MLS ID

February 20, 2025

Listed

February 22, 2025

Updated

Interior Features

Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

No

Exterior/Building Features

Lot Size

2.81 Acres


Lot Features

Level


Sewer

Public Sewer

Other Property Details

Garage

Yes


View

No


County

Smith


Water Source

Public


Pool

No


Utilities

Natural Gas Available


Zoning

Multi Family Dwelling

 

Courtesy of Haden Riggs, Keller Williams Realty-Tyler

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) of the Greater Tyler Association of REALTORS Multiple Listing Service. The IDX logo indicates listings of other real estate firms that are identified in the detailed listing information. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information is deemed reliable, but not guaranteed.

 Data last updated: 2/22/2025, 7:39 PM UTC.

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