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14195 County Road 192, Tyler, TX 75703


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n/a Full bath

SqFt

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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, 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!

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Property Details
Price$3,800,000
Sale TypeTenant Pays Electric,Tenant Pays Water,Tenant Pays Gas,Individual Water Meter,Individual Electric Meter,Individual Gas Meter
Property StyleOther
Lot Size2.807 Acre
Lot Size Area2.807
Acres2.8
Property TypeCommercial
MLS Sub typeCommercial
Stories1
FeaturesCity Water,City Sewer,Natural Gas
Year Built2023
RoofComposition
Lot DescriptionLandscaped,Fenced Yard
Geographic Data
DirectionsTake I-20 from Longview to Tyler. Once in Tyler, from Loop 323 & Broadway, head W on Loop 323. Turn left onto Old Jacksonville Hwy. Turn right onto W Grande Blvd. Turn left onto Old Noonday Rd. Triplexes will be on your left. SIY.
CountySmith
Market AreaTYLER ISD
Address Information
Address14195 County Road 192, Tyler, TX 75703
Postal Code75703
CityTyler
StateTX
CountryUnited States
Listing Information
Listing OfficeKeller Williams Realty-Tyler
Listing Office Phone903-534-6600
Listing Office Emailannel@kw.com
Listing AgentKayla Riggs
Listing Agent Phone903-534-6600
MLS Information
MLS StatusActive
Listing DateFeb 20, 2025
Listing Last ModifiedFeb 22, 2025
MLS AreaTYLER ISD
MLS #20251108

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