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