14195 COUNTY ROAD 192, TYLER, TX 75703
Homes for sale in Tyler.
Homes for sale in 75703.
14195 County Road 192
Tyler, TX 75703
List Price$3,800,000
Listing #20850069
About This Property
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 Features
Location Information
County
Smith
Subdivision
Henshaw Creek
Interior Features
Interior
Decorative/Designer Lighting Fixtures, Open Floorplan
Cooling
Central Air, Electric
Full Baths
24
Floors
Vinyl
Has Fireplace
No
Appliances
Dishwasher, Gas Range, Microwave, Refrigerator
Number of Fireplaces
0
Total Number of Units
12
Heating
Central, Electric
Exterior Features
Stories
1
Has Garage
Yes
Is New Construction
Yes
Garage Spaces
2
Construction
Brick
Fencing
Back Yard, Fenced
Foundation
Slab
Pool Description
None
Roof
Composition
Lot Size in Acres
2.807
Water / Sewer
Electricity Connected, Natural Gas Available, Sewer Available, Separate Meters, Water Available
Lot Size in Sq. Ft.
122,272
Utilities
Electricity Connected, Natural Gas Available, Sewer Available, Separate Meters, Water Available
Buildings
4
Security System
Smoke Detector(s)
Building Total Area (Sq. Ft.)
17,065
Parking Description
Concrete, Driveway, Garage
Is One Story
Yes
School
Elementary School District
Tyler ISD
Jr. High School
Three Lakes
Elementary School
Dr. Bryan Jack
High School
Tyler Legacy
Additional Information
Year Built Details
New Construction - Complete
Year Built
2023
Property Type
RI
Status
Active
Property SubType
Triplex
Has a Home Owners Association
No
Similar Listings
Mortgage Calculator
$17,745
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$13,693
Monthly Tax
$3,166
Monthly Insurance
$886
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
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