Description
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, scenic ponds, and a to-be-built community pool complete with restrooms, picnic tables, and chairs—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!
Property Type
Residential IncomeSubdivision
South Hills AddCounty
SmithStyle
Residential IncomeAD ID
48663183
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Property Details
-
Interior Features
Bedroom Information
- Total Bedrooms : 34
Bathroom Information
- Total Baths: 24
- Full Baths: 24
- Half Baths: 0
Interior Features
- Decorative Lighting,Open Floorplan
Appliances
- Dishwasher,Gas Range,Microwave,Refrigerator
Utilities
- City Sewer,City Water,Electricity Connected,Individual Gas Meter,Individual Water Meter,Natural Gas Available
Cooling Features
- Central Air,Electric
Heating Source
- Central,Electric
Fireplace
- Number of Fireplaces: 0
-
Exterior Features
Building Information
- Built Year: 2023
- Building Area Total: 17,065
- Construction: Brick
- Roof Type: Composition
Foundation
- Slab
Security Features
- Smoke Detector(s)
Fencing
- Back Yard,Fenced
Construction Materials
- Brick
-
Property / Lot Details
Lot Information
- Lot Size (Acr): 2.8070
- Lot Size Units: Acres
- Lot Size Square Feet: 122272.9200
Property Information
- Property Type: Residential Income
- Property Sub Type: Triplex
- Subdivision: Henshaw Creek
- City: Tyler
- State: Texas
- Directions: Take I-20 towards Lindale. Turn right onto 49 and continue straight. Exit onto Hwy 155. Turn right onto Taylor Rd. Turn left onto Old Noonday. Triplexes will be on your right. SIY.
- Property Status: Active
-
Listing Information
Listing Price Information
- Original List Price: $3,800,000
Listing Information
- Possession: Closing/Funding
-
Taxes / Assessments
Tax Information
- Parcel Number: 135290000001006000
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Parking Information
- Has Garage
- Garage Space: 2
- Parking: 24
- Parking Features: Concrete,Driveway,Garage
Homeowners Association Information
- HOA Type: None
-
School, Utilities & Location Details
School Information
- Elementary School: Dr. Bryan Jack
- Middle School: Three Lakes
- High School: Tyler Legacy
- School District: Tyler ISD
Utility Information
- Utilities: City Sewer,City Water,Electricity Connected,Individual Gas Meter,Individual Water Meter,Natural Gas Available
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BuyOwner last updated this listing 02/22/2025 @ 13:58
- MLS: 449773114
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: NTREIS - North Texas Real Estate Information
is a Home, with 34 bedrooms which is for sale, it has 0 sqft, 3 sized lot, and 2 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Tyler , in zip code 75703, this Smith County Home , it is in the South Hills Add Subdivision, and are nearby neighborhoods.