Tyler, TX 75703 6862 Lazy Vale Ct
$3,100,000



19 more



















Presented By: P&I Real Estate Management
Disclaimer: The information contained in this listing has not been verified by Bold Real Estate and should be verified by the buyer.
Home Details
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 23 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.
Presented By: P&I Real Estate Management
Interior Features for 6862 Lazy Vale Ct
Other Interior Features
FireplaceNone
Total Number of Units8
General for 6862 Lazy Vale Ct
AreaSmith
ClassMULTI-FAMILY
ConstructionBrick and Wood
CoolingCentral Electric
HeatingCentral Electric
StatusActive
SubdivisionHenshaw Creek
SubdivisionTX
Tax Year2025
Year Built2023
ZoningTwo Family Dwelling
Exterior for 6862 Lazy Vale Ct
FoundationSlab
WaterfrontNo
Additional Details
Price History
Schools
Elementary School
Jack Elementary School
High School
Tyler Legacy High School
Middle School
Three Lakes Middle School
Suzanne Smith
Broker/Owner

SQFT • 14,980