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.
| Listing Id: | 21415318 |
|---|---|
| List Price: | $2,950,000 |
| Property Type: | Residential Income |
| Property Sub Type: | Triplex |
| Status: | Active |
| Bedrooms Total: | 34 |
| Bathrooms Full: | 24 |
| Lot Size Square Feet: | 78,233.7600 |
| Lot Size Acres: | 1.796 |
| Waterfront?: | No |
| City: | Tyler |
| County Or Parish: | Smith |
| Subdivision Name: | Henshaw Creek |
| Postal Code: | 75703 |
| Year Built: | 2023 |
| Unit Count: | 12 |
| Accessibility Features Yn: | No |
| Appliances: | Dishwasher,Gas Range,Microwave,Refrigerator |
| Association Type: | None |
| Attached Garage?: | Yes |
| Basement Yn: | No |
| Bathrooms Total Decimal: | 24.00 |
| Bathrooms Total Integer: | 24 |
| Building Area Source: | Owner |
| Building Area Total: | 17,065.00 |
| Complex Name: | Henshaw Creek Triplexes |
| Consent for Visitors to Record: | None |
| Construction Materials: | Brick |
| Cooling: | Central Air, Electric |
| Covered Spaces: | 24 |
| Directions: | 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. |
| Elementary School: | Dr. Bryan Jack |
| Elementary School Name: | Dr. Bryan Jack |
| Fencing: | Back Yard, Fenced |
| Flooring: | Vinyl |
| Foundation Details: | Slab |
| Garage Spaces: | 2 |
| Garage?: | Yes |
| Gross Annual Expenses: | $18,862 |
| Gross Annual Income: | $291,240 |
| Heating: | Central, Electric |
| High School Name: | Tyler Legacy |
| Interior Features: | Decorative Lighting, Open Floorplan |
| Levels: | One |
| Listing Terms: | Cash, Conventional |
| Lot Size Area: | 1.7960 |
| Lot Size Units: | Acres |
| Middle School Name: | Three Lakes |
| Multi Parcel ID: | No |
| Municipal Utility District?: | No |
| Net Operation Income: | $189,178 |
| Notice Surveillance Devices Pres: | None |
| Number Of Buildings: | 4 |
| Number Of Parking Spaces: | 24 |
| Occupancy Rate: | 100 |
| Parking Features: | Concrete, Driveway, Garage |
| Pool?: | No |
| Possession: | Closing/Funding |
| Roof: | Composition |
| School District: | Tyler ISD |
| Security Features: | Smoke Detector(s) |
| Smart Home Features Appor Pass Y: | 0 |
| Utilities: | City Sewer, City Water, Electricity Connected, Individual Gas Meter, Individual Water Meter, Natural Gas Available |
| Will Subdivide: | No |
| Year Built Details: | New Construction - Complete |
Listing Courtesy of: Keller Williams Realty-Tyler
Listing Agent: Kayla Riggs
903-262-4248
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North Texas Real Estate Information Systems, Inc. data last updated on October 21, 2026 02:14 AM - CT
Property Last Updated: October 21, 2026 02:14 AM - CT
