6854 Lazy Vale Ct., Tyler, TX 75703
Henshaw Creek · Smith County
Key Facts
Description
Newly constructed duplex (2 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. Additional duplexes are available, and a buyer may purchase one or all four as a portfolio (8 total units) if desired. This 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. Offers 3 bedrooms and 3 bathrooms, 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 duplexes and build-ready lots are also available for sale immediately adjacent, offering a rare opportunity to expand the footprint and create a scalable duplex portfolio in one location.
Property Information
Property Type
Residential Income
Sub-Type
Duplex
Year Built
2023
Living Area
4,078 sq ft
Days on Market
112
MLS® Listing#
26003089
Property Features
Cooling
Heating
Parking
Construction
Schools
- Elementary:
- Jack
- Middle:
- Three Lakes
- High:
- Tyler Legacy
Financial Details
Annual Taxes
$8,978
Tax year 2025
Parcel Number
135290000001007000
Directions
Heading west on Grande, turn left on CR 192 (Old Noonday). Turn left onto Flint River Road and duplexes are on left.
Affordability Calculator
$172,000
Estimated monthly payment
$4,577/mo
Principal $688,000 · Est. interest $959,821 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Tyler, TX
- $368,313
- Median Listing Price
- 68
- Median Days on Market
- 2,126
- Median Sq Ft
- $179
- Median Price / Sq Ft
- 1,016
- Active Listings
- This home’s price is 133% above the area median.
- Its price per sq ft is 18% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Tyler, TX.
Location
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Points of Interest in Tyler, TX
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Nearby Homes
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Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 2226/2302 Aberdeen Dr, Tyler, TX | $605,000 | 12 | — | 6,040 |
| 12171 Copper Ct, Tyler, TX | $624,793 | 5 | — | 3,325 |
| 9453 Cherokee Trail, Tyler, TX | $649,900 | 5 | — | 3,380 |
| 140 FM 16 W, Tyler, TX | $649,900 | 6 | — | 3,432 |
| 15176 County Road 472, Tyler, TX | $675,000 | 7 | — | 4,720 |
| 1301 Chilton Ave, Tyler, TX | $675,000 | 5 | — | 3,900 |
Moving Cost Estimate
EXIT Agents in Tyler
Listing Courtesy: Ihrig Properties - 9032705996
Presented by: Cole Ihrig