6862 Lazy Vale Ct, Tyler, TX 75703
6862 Lazy Vale Ct, Tyler, TX 75703
6862 Lazy Vale Ct, Tyler, TX 75703
6862 Lazy Vale Ct, Tyler, TX 75703
6862 Lazy Vale Ct, Tyler, TX 75703
6862 Lazy Vale Ct, Tyler, TX 75703
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Alison Partin

Alison Partin

+1(903) 521-7900
$ 3,150,000
Est. payment | /mo

14,980 SqFt

Save
$ 3,150,000
Est. payment | /mo
Save

14,980 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 14,980 sqft

Price per Sqft $210

Subdivision Henshaw Creek

MLS Listing ID 26004024

Construction Status Pre-owned

HOA Y/N Yes

Year Built 2023

Annual Tax Amount $36,447

Tax Year 2025

Property Sub-Type Duplex

Source Greater Tyler Association of REALTORS

Property Description

FOR SALE: Four newly constructed duplexes (8 total 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. Each 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. Units offer 2–3 bedrooms, 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 duplex lots are also available for sale immediately adjacent to the community, 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

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

Greater Tyler Association of Realtors (GTAR)
Listed by Cole Ihrig Ihrig Properties

Nearby Locations

Alison Partin

Top 1% Real Estate Team in Texas

Over $2 Billion in Total Sales

+1(903) 521-7900

alison@texasland.com

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6862 Lazy Vale Ct