Estimated payment $19,978/month
Total Views
3,187
34
Beds
24
Baths
17,065
Sq Ft
$200
Price per Sq Ft
Highlights
- New Construction
- Open Floorplan
- 1-Story Property
- Hubbard Middle School Rated A-
- 2 Car Attached Garage
- 5-minute walk to Children's Park
About This Home
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!
Listing Agent
Keller Williams Realty Tyler Brokerage Phone: 903-262-4248 License #0718668 Listed on: 05/12/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,419
Year Built
- Built in 2023 | New Construction
Lot Details
- 1.8 Acre Lot
- Fenced
- Back Yard
Parking
- 2 Car Attached Garage
- Driveway
Home Design
- Triplex
- Brick Exterior Construction
- Slab Foundation
- Composition Roof
Interior Spaces
- 1-Story Property
- Open Floorplan
- Vinyl Plank Flooring
- Fire and Smoke Detector
Kitchen
- Gas Range
- <<microwave>>
- Dishwasher
Bedrooms and Bathrooms
- 34 Bedrooms
- 24 Full Bathrooms
Schools
- Dr. Bryan Jack Elementary School
- Tyler Legacy High School
Utilities
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 135290000001006000
Community Details
Overview
- 4 Buildings
- 12 Units
- 17,065 Sq Ft Building
- Henshaw Creek Subdivision
Building Details
- Gross Income $291,240
- Net Operating Income $189,178
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $12,419 | $712,411 | $41,295 | $671,116 |
| 2023 | $720 | $41,295 | $41,295 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/12/2025 05/12/25 | For Sale | $3,420,000 | -- | $200 / Sq Ft |
Source: North Texas Real Estate Information Systems (NTREIS)
Similar Home in Tyler, TX
Source: North Texas Real Estate Information Systems (NTREIS)
MLS Number: 20933721
APN: 1-35290-0000-01-006000
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Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2025. All rights reserved
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