6862 Lazy Vale Ct, Tyler, TX 75703
Local realty services provided by:Better Homes and Gardens Real Estate I-20 Team
6862 Lazy Vale Ct,Tyler, TX 75703
$3,150,000
- - Beds
- - Baths
- 14,980 sq. ft.
- Multi-family
- Active
Listed by: cole, ihrig
Office: ihrig properties
MLS#:26004024
Source:TX_GTAR
Price summary
- Price:$3,150,000
- Price per sq. ft.:$210.28
About this home
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....
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Home facts
- Year built:2023
- Subdivision & Development:Henshaw Creek
- Listing ID #:26004024
- Added:100 day(s) ago
- Updated:October 09, 2026 at 03:07 PM
Rooms and interior
- Living area:14,980 sq. ft.
Heating and cooling
- Cooling:Central Electric
Structure and exterior
- Year built:2023
- Building area:14,980 sq. ft.
- Construction Materials:Brick
- Foundation Description:Slab
Schools
- High school:Tyler Legacy
- Middle school:Three Lakes
- Elementary school:Jack
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$3,150,000
- Price per sq. ft.:$210.28
- Tax amount:$36,447 (2025)
Parking
- Parking description:1 Or More Space/Unit, Garage
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