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14151 County Road 192

Tyler, TX 75703

$2,950,000

12 units · 2023

Units12
Building area17,065 sq ft
Year built2023
Gross income$291,240/yr
Cap rate6.41% as listed
Parking24 spaces
Lot size1.796 acres
TypeTriplex

What it costs to own

TaxesNot provided by the listing
HOANone listed
Operating expenses$18,861.59 per year — as listed
Net operating income$189,178 per year — as listed

About this home

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 currently features four completed triplex buildings with 11 fully leased units, 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.

The details

HeatingCentral, Electric
CoolingCentral Air, Electric
FlooringVinyl
AppliancesDishwasher, Gas Range, Microwave, Refrigerator
Interior featuresDecorative Lighting, Open Floorplan

Construction materialsBrick
RoofComposition
FoundationSlab
New constructionYes

FencingBack Yard, Fenced
Water sourceCity Water, Individual Water Meter
SewerCity Sewer
ElectricElectricity Connected
UtilitiesIndividual Gas Meter, Natural Gas Available

SubdivisionHenshaw Creek

ElementaryDr. Bryan Jack
Middle schoolThree Lakes
High schoolTyler Legacy
DistrictTyler ISD

Gross income$291,240 per year
Operating expenses$18,861.59 per year
Cap rate6.41% — as listed
Net operating income$189,178 per year

MLS #21415318
Source
On the marketListed today
CountySmith

Around this home

One moment…

Everyday life

Nearest groceryPatriot Heating and Cooling · 0.3 mi
Nearest parkFaulkner Park · 2.4 mi

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Listing courtesy of Keller Williams Realty-Tyler — Kayla Riggs.

Robert LewisStephen LewisRobert & StephenInk Realty Group

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Listing data provided by the North Texas Real Estate Information Systems (NTREIS). MLS #21415318. Information last updated October 20, 2026.

Based on information submitted to the MLS as of the date above. All data is obtained from various sources and may not have been verified by the broker or NTREIS. Supplied data is for the viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing.

Ink Realty Group is brokered by eXp Realty.

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