Tyler, TX 75703 14195 County Road 192

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Presented By: Kayla Riggs with Keller Williams Realty Tyler; 903-262-4248
  • MLS# 20850069
  • 02/20/2025
  • Request Tour
  • Request Info
  • Beds • 34
  • Baths • 24
  • SQFT • 17,065
  • Garage • 2

Home Details

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!
Presented By: Kayla Riggs with Keller Williams Realty Tyler; 903-262-4248

Interior Features for 14195 County Road 192

Bedrooms

Total Bedrooms34

Bathrooms

Half Baths0
Total Baths24

Other Interior Features

Air Conditioning Y/NYes
Basement (Y/N)No
Fireplace Y/NNo
FlooringVinyl
Heating Y/NYes
Interior AmenitiesDecorativeDesignerLightingFixtures, OpenFloorplan
Total Fireplaces

General for 14195 County Road 192

Additional Parcels Y/NNo
AppliancesDishwasher, GasRange, Microwave, Refrigerator
Attached Garage Yes
AttributionContact903-262-4248
Cap Rate4.98
Carport Spaces0.0
Carport Y/NNo
CityTyler
Construction MaterialsBrick
CoolingCentralAir, Electric
CountySmith
DirectionsTake 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.
Electric On Property Y/NNo
Elementary SchoolDr. Bryan Jack
Elementary School DistrictTyler ISD
Full Baths24
Garage Spaces2.0
Garage Y/NYes
Gross Income291240.0
HOANo
HeatingCentral, Electric
High SchoolTyler Legacy
High School DistrictTyler ISD
Home Warranty Y/NNo
Insurance Expense0.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Lot Size Square Feet122272.92
Lot Size UnitsAcres
Middle/Junior High SchoolThree Lakes
Middle/Junior School DistrictTyler ISD
MobileHomeRemainsYNNo
ModificationTimestamp2025-02-24T14:17:47.650-00:00
Net Operating Income189178.0
New ConstructionNo
Number Of Units Total12
Pool FeaturesNone
PossessionCloseOfEscrow
Property Attached Y/NNo
Property Sub Type AdditionalTriplex
Property SubtypeTriplex
Property TypeResidentialIncome
Rent Control Y/NNo
RoofComposition
Security FeaturesSmokeDetectors
Senior Community Y/NNo
SewerPublicSewer
Standard StatusActive
StatusActive
Stories1
Subdivision NameHenshaw Creek
UtilitiesElectricityConnected, NaturalGasAvailable, SewerAvailable, SeparateMeters, WaterAvailable
Virtual TourClick here
Waterfront Y/NNo
Year Built2023
Year Built DetailsNew Construction - Complete

Exterior for 14195 County Road 192

Building Area Total17065.0
Covered Spaces24.0
Crops Included Y/NNo
FencingBackYard, Fenced
Foundation DetailsSlab
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres2.807
Lot Size Area2.807
Number of Buildings4
Open Parking Y/NNo
Parking FeaturesConcrete, Driveway, Garage
SpaNo
Total Parking24.0
Water SourcePublic

Additional Details

Price History

Schools

Elementary School Dr. Bryan Jack Elementary School
High School Tyler Legacy High School
Middle School Three Lakes Middle School

Katie Edwards

Realtor
Price $3,800,000
MLS#20850069
List Date 02/20/2025
Property Type Multi-Family
Phone 979.571.7600
Request Tour
Request Info
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