140 FM 16 W, TYLER, TX 75706
Homes for sale in Tyler.
Homes for sale in 75706.
List Price$649,900
140 FM 16 W
Tyler, TX 75706
Listing #26003219
3,432
Square Feet
3
Number of Units
Multi-Unit Residential
Type
About This Property
Investor Alert! This fully renovated Triplex is a rare find and a fantastic income-producing opportunity. Formerly a storefront/office with an attached apartment, the property has been completely reimagined into three residential units: a 1-bedroom, 1-bath, a 2-bedroom, 1-bath, and a 3-bedroom, 2-bath--perfect for a diverse tenant mix and strong rental returns. Each unit features stylish, updated finishes, and the property includes a large parking area and fully fenced backyards, enhancing both privacy and curb appeal. Situated near I-20 at the intersection of FM 14 and FM 16 in Red Springs, this property carries a Tyler address and is located within the Winona ISD. Whether you're an experienced investor or just starting out, this turnkey property checks all the boxes. And with room for expansion from the adjoining property, the potential here only continues to grow. Don't miss your chance to secure a property that's already generating income and offers even more opportunity for the future!
Property Features
Location Information
County
Smith
Directions
From I-20 head N on FM 14. Property located at the corner of 14 and FM 16.
Subdivision
ABST A0377 C GREEN
Interior Features
Fireplace Description
None
Unit 1 Features
Beds: 3; Baths: 1
Heating
Central Electric
Unit 2 Features
Beds: 2; Baths: 1
Cooling
Central Electric
Unit 3 Features
Beds: 1; Baths: 2
Separate Meters
Water, Gas, Electric
Total Number of Units
3
Tenant Pays
Electric, Water
Exterior Features
Levels
1 Story
Parking Description
1 Or More Per Unit, Paved Areas
Construction
Brick and Stone
Lot Size in Acres
6.514
Foundation
Slab
Zoning
Commercial
Septic or Sewer
AerobicSeptic Sys
Has Waterfront
No
School
Elementary School
Winona
High School
Winona
Middle School
Winona
Additional Information
Property Type
RI
Owner Pays
Taxes, Insurance
Property SubType
Triplex
Taxes
7,950.98
Year Built
1964
Tax Year
2025
Status
Active
Square Feet Source
CAD
Similar Listings
Mortgage Calculator
$3,033
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$2,341
Monthly Tax
$541
Monthly Insurance
$151
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
Listing Courtesy of Ryan Major, Keller Williams Realty-Tyler

© 2026 Greater Tyler Association of REALTORS®. All rights reserved.
© 2026 Greater Tyler Association of REALTORS®. All rights reserved.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) of the Greater Tyler Association of REALTORS® Multiple Listing Service. IDX information is provided exclusively for consumers? personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the MLS. The MLS may, at its discretion, require use of other disclaimers as necessary to protect Participants and/or the MLS from liability.
GTAR data last updated at June 6, 2026, 6:29 PM CT
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