140 FM 16 W, Tyler, TX 75707

Local realty services provided by:Better Homes and Gardens Real Estate I-20 Team
140 FM 16 W,Tyler, TX 75707
$499,000
  • - Beds
  • - Baths
  • 3,432 sq. ft.
  • Multi-family
  • Active
Listed by: ryan major, ryan major
Office: keller williams realty-tyler
MLS#:25010618
Source:TX_GTAR

Price summary

  • Price:$499,000
  • Price per sq. ft.:$145.4

About this home

Investor Alert! This fully renovated Triplex is a rare find and a fantastic income-producing opportunity. Formerly a storefront/office with an attached apartment, the property has been completely reimagined into three residential units: a 1-bedroom, 1-bath, a 2-bedroom, 1-bath, and a 3-bedroom, 2-bath—perfect for a diverse tenant mix and strong rental returns. Each unit features stylish, updated finishes, and the property includes a large parking area and fully fenced backyards, enhancing both privacy and curb appeal. Situated near I-20 at the intersection of FM 14 and FM 16 in Red Springs, this property carries a Tyler address and is located within the Winona ISD. Whether you're an experienced investor or just starting out, this turnkey property checks all the boxes. And with room for expansion from the adjoining property, the potential here only continues to grow. Don't miss your chance to secure a property that’s already generating income and offers even more opportunity for the

Contact an agent

contact an agent

Yes, I would like more information from BHGRE®. Please use and/or share my information with an BHGRE affiliated agent to contact me about my real estate needs. By clicking Send message, I agree an BHGRE affiliated agent may contact me by phone or text message including by automated means about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1964
  • Listing ID #:25010618
  • Added:132 day(s) ago
  • Updated:November 21, 2025 at 05:11 PM

Rooms and interior

  • Living area:3,432 sq. ft.

Heating and cooling

  • Cooling:Central Electric
  • Heating:Central Electric

Structure and exterior

  • Year built:1964
  • Building area:3,432 sq. ft.
  • Lot area:1.46 Acres

Schools

  • High school:Winona
  • Middle school:Winona
  • Elementary school:Winona

Utilities

  • Sewer:Aerobic Septic System

Finances and disclosures

  • Price:$499,000
  • Price per sq. ft.:$145.4
Information provided, in part, by Greater Tyler Association of REALTORS<REGISTERED_LOGO> Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interest in purchasing. Information deemed reliable but is not guaranteed.

New listings near 140 FM 16 W