6854 Lazy Vale Court

Tyler, TX 75703

$3,150,000
Price
20
Beds
20
Baths
14,980 Sq. Ft.
$210 / Sq. Ft.
14,980
Sq. Ft.
$210
per Sq. Ft.

Description

For Sale: Four Stunning Duplexes Newly Constructed (Fully Occupied) – Ideal Investment Opportunity, 6.15% Cap Rate, average rent rate of $1.49 per sq ft Discover a fantastic opportunity to own four beautifully designed duplexes, each offering an incredible combination of modern amenities, stylish finishes, in a prime location. Designed to attract high-caliber tenants and maximize your returns, this property is perfect for investors looking to generate rental income. PROPERTY FEATURES: 8 Units Total...For Sale: Four Stunning Duplexes Newly Constructed (Fully Occupied) – Ideal Investment Opportunity, 6.15% Cap Rate, average rent rate of $1.49 per sq ft Discover a fantastic opportunity to own four beautifully designed duplexes, each offering an incredible combination of modern amenities, stylish finishes, in a prime location. Designed to attract high-caliber tenants and maximize your returns, this property is perfect for investors looking to generate rental income. PROPERTY FEATURES: 8 Units Total - Each duplex features 2 units, providing a total of 8 units. - All units are designed with open-concept living areas, ample natural light, and high ceilings, all enhancing the sense of space and comfort. - Gourmet kitchens are equipped with stainless steel appliances, quartz countertops, custom cabinetry, and a generous breakfast bar – ideal for entertaining and family gatherings. - Each unit includes 2 or 3 generously sized bedrooms with large closets, including a master suite with an en-suite bathroom featuring dual vanities, and walk-in shower. - All units offer fenced backyards, and all yards are maintained by the HOA. - Designed and built with energy efficient features & appliances. - Each duplex includes attached 2-car garages with additional parking available. - Conveniently located near shopping centers, schools, parks, and public transportation in a thriving area. - Coming Soon: Neighborhood amenities to include a pool, pond, walking & biking trails. Whether you’re a seasoned investor or new to the market, these turnkey duplexes provide both strong cash flow and long-term appreciation potential. Seize this opportunity to own high-quality, low-maintenance properties in an attractive location. Additional lots available to purchase for future expansion.
  1. Listed by Cody Scates • TREC #0549507 • Ink Commercial Real Estate LLC

Property Details for 6854 Lazy Vale Court

Waterfront
No
Subdivision Name
Henshaw Creek
NEIGHBORHOOD AMENITIES
Common Areas
ZONING
Two Family Dwelling
LISTING UPDATED: 11/12/2024 11:24 AM

Property Details for 6854 Lazy Vale Court

StatusActive
MLS #24013468
Days on Market56
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built2024
Lot Size-
CountySmith County

Building Information for 6854 Lazy Vale Court

Stories-Residences4Year Built2024Building Size-Lot Size-

Property Information for 6854 Lazy Vale Court

Summary
Location and General Information
  • County: Smith
  • Waterview: No
  • Directions (NO OFFICES): South on Old Jacksonville, west onto Three lakes parkway, dead end into Old Noonday Rd and turn right. Go down 1/2 a mile and turn right on Flint River Rd into Henshaw Creek. Turn left and duplexes are on your left.
  • City: Tyler
  • State: TX
  • Lake Community: No
Taxes and HOA
  • Taxes: 22738
  • Tax Year: 2023
Parking
  • PARKING 2-4 FAMILY: Garage
School Information
  • Elementary: Jack
  • Middle School: Three Lakes
  • High School: Tyler Legacy
Property
Property and Assessments
  • Appraisal District Number: 135290000001007000
  • Class: MULTI-FAMILY
  • Year of Construction: 2024
  • Foreclose/Bank Owned Y/N: No
  • Legal: Lot 7; lot 8; lot 9; lot 10; Henshaw Creek Unit 1
Lot Information
  • Approx SqFt: 14980
Green Features
  • ENERGY EFFICIENCY: 16+ SEER AC, 90% Efficient Furnace, Double Pane Windows, Foam Insulation, High Effciency Wtr Heater, Low E Windows, Programmable Thermostat
Utilities
  • SEWER: Public Sewer
  • INDIVIDUALLY METERED UTIL: Individual Electric Meter, Individual Gas Meters, Individual Water Meters
Interior and Exterior Features
Exterior Features
  • CONSTRUCTION: Brick Veneer, Wood/ Frame, Siding, Shingles, New Construction, Concrete Based Siding
  • EXTERIOR: Patio Open, Sprinkler System, Gutter(s)
  • DRIVEWAY: Concrete
  • HANDICAP AMENITIES: Wide Doorways
  • FENCING: Wood Fence, Wrought Iron
  • ROOF: Composition
  • FOUNDATION: Slab
Interior Features
  • FIREPLACE: None
  • COOLING: Central Electric
  • HEATING: Central Gas
  • LEVELS: 1 Story, 2 Stories
  • INTERIOR: Ceiling Fan, Security System, Cable TV, Blinds, Smoke Alarm, Vaulted Ceilings
  • FLOORING: Carpet, Laminate, Ceramic Tile
  • KITCHEN EQUIPMENT: Range/Oven-Gas, Dishwasher, Disposal, Microwave, Pantry, Refrigerator, Island
Multi Family
Multi-Family Information
  • # Units: 4.0
Income & Expenses Information
  • OWNERS EXPENSES: Maintenance Repairs, Taxes
Unit 1
  • Unit 1 # Bedrooms: 6
  • Unit 1 # Baths: 6
  • Unit 1 Living Room Y/N: Yes
  • Unit 1 Dining Room Y/N: Yes
  • Unit 1 Fireplace Y/N: No
Unit 2
  • Unit 2 # Bedrooms: 6
  • Unit 2 # Baths: 6
  • Unit 2 Living Room Y/N: Yes
  • Unit 2 Dining Room Y/N: Yes
  • Unit 2 Fireplace Y/N: No
Unit 3
  • Unit 3 # Bedrooms: 4
  • Unit 3 # Baths: 4
  • Unit 3 Living Room Y/N: Yes
  • Unit 3 Dining Room Y/N: Yes
  • Unit 3 Fireplace Y/N: No
Unit 4
  • Unit 4 # Bedrooms: 4
  • Unit 4 # Baths: 4
  • Unit 4 Living Room Y/N: Yes
  • Unit 4 Dining Room Y/N: Yes
  • Unit 4 Fireplace Y/N: No
Rental
Rental Information
  • TENANT PAYS: All Utilities

Property History for 6854 Lazy Vale Court

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 6854 Lazy Vale Court

Taxable ValueLand$22,738Additions$680,000Total$702,738
Tax Record2024$12,250 ($1,021 / month)
Home Facts
Beds0Lot Size11,369 SqFtStyleSingle Family ResidenceCountySMITHAPN1-35290-0000-01-007000

Schools near 6854 Lazy Vale Court

This home is within Tyler Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Dr Bryan C Jack Elementary School
PublicPK to 5

Three Lakes Middle School
Public6 to 8

Tyler Legacy High School
Public9 to 12

Tyler Isd Early College High S
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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6854 Lazy Vale Court is a multi-family home for sale in Tyler, TX 75703. This property was listed for sale on November 12, 2024 by Ink Commercial Real Estate LLC, it's currently listed at $3,150,000. This listing's school district is Tyler Independent School District. Nearby schools include Dr Bryan C Jack Elementary School, Three Lakes Middle School and Tyler Legacy High School. 6854 Lazy Vale Court is a 20-bed, 20-bath, 14,980 sqft multi-family home built in 2024.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Ink Commercial Real Estate LLC, Cody Scates

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