$3,800,000
bedrooms
34
bathrooms
24
square feet
0
Acreage
2.807
Open Houses
-
year built
2023
Full Baths
24
Half Baths
0
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!
Location | |
Subdivision | Henshaw Creek |
County | Smith |
Elementary School | Dr. Bryan Jack |
Middle School | - |
High School | - |
Find out more
Tell us who you are, and we will have someone reach out to you.
MLS number: 20850069
Listing agent:
Kayla Riggs
#0718668
Listing broker:
Keller Williams Realty Tyler
(903) 534-6600
Copyright © 2025 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Last update: Monday, February 24 2025 at 12:15 p.m. EST
Kotohomes National