1 / 212-Unit Multifamily in Tyler, TX
TX · listed Oct 20, 2026 (8 days)
- $/unit
- $245,833
- ▲ 167% vs TX · 91st pct
- Cap rate
- —
- NOI
- $189K
- $15,765/unit/yr
- Units
- 12
- 4 bldg · 2023
Financials
- Asking price
- $2,950,000
- Price per unit
- $245,833
- Price per sq ft
- $173
- Gross rent / year
- $291,240
- Net operating income
- $189,178
- NOI per unit
- $15,765
- Cap rate
- Not stated
- Gross yield
- 9.9%gross rent ÷ price
- Occupancy
- 100%
As stated by the seller. Verify during due diligence.
Building
- Units
- 12
- Unit mix
- two 4-bedroom, 2-bath units, six 3-bedroom, 2-bath units, and four 2-bedroom, 2-bath units
- Buildings
- 4
- Year built
- 2023
- Building size
- 17,065 sq ft
- Avg unit size
- 1,422 sq ft
- Lot size
- Not stated
- Condition
- Stabilized
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Oct 20, 2026
- Days on market
- 8 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 1236
About this property
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 features four completed triplex buildings with 12 units total, 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.
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
Stabilized | $3.1M | $388K$388K | 6.4% |
| Tyler, TX | $875K | $146K$146K | — |
Value-add | $2.54M | $318K$318K | 7.2%gy |
Stabilized | $5.5M | $229K$229K | 5% |
Tyler, TXOwner financingValue-add | $1.65M | $183K$183K | 5.8% |
Lindale, TXNew | $2.7M | $180K$180K | — |

