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14195 County Road 192
Tyler, TX 75703
Henshaw Creek MultiFamily with Land to Expand · Multifamily Property For Sale
·
3 Units
INVESTMENT HIGHLIGHTS
- 100% Occupied
- Master Planned Community
- City Zoning MF
- Three additional zoned lots with City Sewer included, providing room for expansion
EXECUTIVE SUMMARY
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 four completed triplexes, and two additional lots that can accommodate two more triplexes—allowing for a total of six triplexes upon full buildout. With 11 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!
PROPERTY FACTS
| Price Per Unit | $1,266,667 | Building Class | C |
| Sale Type | Investment | Lot Size | 2.80 AC |
| Cap Rate | 4.98% | Building Size | 4,266 SF |
| No. Units | 3 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built | 2023 |
| Apartment Style | Low-Rise | Parking Ratio | 1.41/1,000 SF |
| Zoning | MF - Multifamily | ||
| Price Per Unit | $1,266,667 |
| Sale Type | Investment |
| Cap Rate | 4.98% |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 2.80 AC |
| Building Size | 4,266 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 2023 |
| Parking Ratio | 1.41/1,000 SF |
| Zoning | MF - Multifamily |
PROPERTY TAXES
| Parcel Number | 1-00000-0018-06-016000 | Improvements Assessment | $500 |
| Land Assessment | $5,235 | Total Assessment | $5,735 |
PROPERTY TAXES
Parcel Number
1-00000-0018-06-016000
Land Assessment
$5,235
Improvements Assessment
$500
Total Assessment
$5,735
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