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$3,800,000

Est. payment - /mo

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34 BD

24 BA

2.81 Acres Lot

New

14195 County Road 192 Tyler, TX 75703

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Suzanne Reed

suzannereed@epique.me +1(469) 585-7575

UPDATED:

02/21/2025 06:10 AM

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Subdivision Henshaw Creek

MLS Listing ID 20850069

Bedrooms 34

Full Baths 24

HOA Y/N None

Total Fin. Sqft 17065

Year Built 2023

Lot Size 2.807 Acres

Acres 2.807

Property Sub-Type Triplex

Property 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!

Location

State TX

County Smith

Community Community Pool

Direction 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.

Interior

Interior Features Decorative Lighting, Open Floorplan

Heating Central, Electric

Cooling Central Air, Electric

Flooring Vinyl

Appliance Dishwasher, Gas Range, Microwave, Refrigerator

Heat Source Central, Electric

Exterior

Garage Spaces 2.0

Fence Back Yard, Fenced

Community Features Community Pool

Utilities Available City Sewer, City Water, Electricity Connected, Individual Gas Meter, Individual Water Meter, Natural Gas Available

Roof Type Composition

Total Parking Spaces 24

Garage Yes

Building

Story One

Foundation Slab

Level or Stories One

Structure Type Brick

Schools

Elementary Schools Dr. Bryan Jack

Middle Schools Three Lakes

High Schools Tyler Legacy

School District Tyler Isd

Others

Ownership Shipley Yates Holdings LLC

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20850069

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)

Listed by Kayla Riggs • Keller Williams Realty Tyler

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Suzanne Reed

Licensed REALTOR | License ID: 758354

+1(469) 585-7575

14195 County Road 192 Tyler, TX 75703

Suzanne Reed

Key Details

Location

Interior

Exterior

Building

Schools

Others

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14195 County Road 192