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Terry McNeill

terrymcn.realtor@gmail.com +1(903) 871-5058

$860,000

Est. payment - /mo

4,078 SqFt

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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,078 sqft

Price per Sqft $210

Subdivision Henshaw Creek

MLS Listing ID 26003089

Construction Status Pre-owned

HOA Y/N Yes

Year Built 2023

Annual Tax Amount $8,978

Tax Year 2025

Property Sub-Type Duplex

Source Greater Tyler Association of REALTORS

Property Description

Newly constructed duplex (2 units), 100% occupied, delivering strong in-place performance at an attractive 6.3% cap rate with an average rent rate of $1.49/SF. Designed with modern finishes and durable, low-maintenance materials, this property targets quality tenants and provides a turnkey opportunity for investors seeking stabilized cash flow in a growing area. Additional duplexes are available, and a buyer may purchase one or all four as a portfolio (8 total units) if desired. This unit features open-concept living, high ceilings, and abundant natural light. Kitchens are finished with stainless steel appliances, quartz countertops, custom cabinetry, and a breakfast bar. Offers 3 bedrooms and 3 bathrooms, including primary suites with well-appointed bathrooms featuring dual vanities and walk-in showers. Tenants enjoy fenced backyards, with yard maintenance handled by the HOA, supporting a low-touch ownership profile. Additional features include energy-efficient appliances and construction, attached 2-car garages, and ample additional parking. The neighborhood is positioned for continued demand with future amenities planned, including a pond and walking/biking trails, and is conveniently located near shopping, schools, and parks. Bonus Upside / Expansion: Additional duplexes and build-ready lots are also available for sale immediately adjacent, offering a rare opportunity to expand the footprint and create a scalable duplex portfolio in one location.

Location

State TX

County Smith

Interior

Heating Central

Cooling Central Electric

Fireplaces Type Other

Furnishings Pre-owned

Exterior

Parking Features 1 Or More Per Unit, Garage, Paved, On Street

Utilities Available Separate Electric Meter, Separate Water Meter

Building

Construction Status Pre-owned

Schools

Elementary Schools Jack

Middle Schools Three Lakes

High Schools Tyler Legacy

School District Tyler Legacy

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Greater Tyler Association of Realtors (GTAR)

Listed by Cole Ihrig Ihrig Properties

Nearby School & Business

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Terry McNeill

+1(903) 871-5058

REALZTOR®, PSA, CREN | License ID: 0642513

REALZTOR®, PSA, CREN License ID: 0642513

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6854 Lazy Vale Ct. Tyler, TX 75703

Terry McNeill

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