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Sherry Wallace

realtybysherry@gmail.com +1(903) 216-3630

$3,220,000

Est. payment - /mo

17,065 SqFt

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Key Details

Property Type Commercial

Sub Type Building

Listing Status Active

Purchase Type For Sale

Square Footage 17,065 sqft

Price per Sqft $188

MLS Listing ID 26003182

Construction Status New Construction

Year Built 2023

Tax Year 2025

Lot Size 1.796 Acres

Acres 1.796

Property Sub-Type Building

Source Greater Tyler Association of REALTORS

Property Description

Incredible Investment Opportunity – Income-Producing Multi-Family Property with Future Expansion Potential! Located in the highly desirable Henshaw Creek Subdivision, one of Tyler's newest residential developments just off Old Jacksonville near Three Lakes Middle School, this exceptional commercial property offers both strong current rental income and room for future growth. The property currently features four completed triplex buildings with 11 fully leased units, providing consistent cash flow. Rental rates range from $1,850 to $2,195 per unit. The unit mix includes two 4-bedroom, 2-bath units, six 3-bedroom, 2-bath units, and four 2-bedroom, 2-bath units, all designed with modern layouts and attractive finishes that appeal to today's tenants. Residents also enjoy access to nearby walking and biking trails along with scenic ponds, adding to the lifestyle appeal and long-term desirability of the property. With immediate income and the potential for continued development, this property offers an excellent opportunity for investors looking to secure a high-performing asset in one of Tyler's most promising areas. Schedule your showing today to explore the possibilities this unique investment has to offer.

Location

State TX

County Smith

Interior

Heating Central

Cooling Central Electric, Ceiling Fan(s)

Furnishings New Construction

Exterior

Parking Features Garage

Fence Fenced

Utilities Available Underground Utilities, Separate Electric Meter, Individual Gas Meters, Separate Water Meter, Electric On Site, Natural Gas Connected

Road Frontage County Road

Building

Lot Description Inside City Limits

Sewer Public Sewer

Water Public

Construction Status New Construction

Others

Acceptable Financing Conventional, Cash

Listing Terms Conventional, Cash

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Greater Tyler Association of Realtors (GTAR)

Listed by Haden Riggs Keller Williams Realty-Tyler

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Sherry Wallace

+1(903) 216-3630

REALTOR® | License ID: 0532302

REALTOR® License ID: 0532302

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Homes For Sale in Tyler, TX

14151 County Road 192 Tyler, TX 75703

Sherry Wallace

Key Details

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Others

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