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$3,220,000
Est. payment /mo
17,065 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Building
Listing Status Active
Purchase Type For Sale
Square Footage 17,065 sqft
Price per Sqft $188
Subdivision Tx
MLS Listing ID 26003182
Lot Size 1.796 Acres
Acres 1.796
Lot Dimensions 1.796 Acres
Property Sub-Type Building
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
Area Smith
Zoning Multi Family Dwelling
Interior
Heating Central Electric
Cooling Central Electric, Ceiling Fan(s)
Exterior
View Y/N No
Building
Sewer Public Sewer
Others
Miscellaneous Fenced
Acceptable Financing Conventional, Cash
Listing Terms Conventional, Cash
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Listed by Haden Riggs • Keller Williams Realty-Tyler
Nearby School & Business
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