Listing provided courtesy of Ihrig Properties- MLS# 26006744MLS Provider

6858 Lazy Vale Ct.Tyler, TX 75703

Multi-Family · 3,414 Sq. ft.
$735,000 0

6858 Lazy Vale Ct. Overview

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Newly constructed duplex (2 units), 100% occupied, delivering strong in-place performance at an attractive 6.35% cap rate with an average rent rate of $1.54/SF. Each unit has 2 bedrooms and 2 bathrooms. 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. 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.

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6858 Lazy Vale Ct. Facts & Features

  • Type Multi-Family
  • Sq. ft. 3,414
  • Price/Sq.ft. $215

Details

General

Association/HOA

  • HOA/Club (Y/N): Yes

School Information

  • Elementary School: Jack
  • Middle Or Junior School: Three Lakes
  • High School: Tyler Legacy

Income/Expenses

  • Owners Expenses: Insurance,Lawn Care,Maintenance Repairs,Taxes

Listing Information

  • Foreclose/Bank Owned: No
  • Short Sale: No

Building Information

  • Year Built: 2024

Location/Region

  • County Or Parish: Smith
  • Postal City: 75703
  • Subdivision Name: Henshaw Creek

Rent/Lease Information

  • Tenant Pays: All Utilities

Tax Information

  • Tax Annual Amount: 8,428.64
  • Tax Year: 2025

General Information

  • Property Sub Type: Duplex
  • Property Type: MULTI-FAMILY
  • Special Listing Conditions: Homeowner's Assn Dues
  • Zoning: Multi Fam Dwelling 2 ½ St

Interior

Building Information

  • Security Gate: No

General Information

  • Cooling: Central Electric
  • Fireplace Features: None
  • Foundation Details: Slab
  • Heating: Central Electric
  • Living Area: 3414
  • Living Area Source: Builder
  • Security Features: None

Exterior

Parking Information

  • Parking Features: 1 Or More Per Unit,Garage,Paved Areas

Waterfront/View

  • View: No
  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Brick and Wood

General Information

  • Individually Metered Util: Individual Electric Meter,Individual Gas Meters,Individual Water Meters
  • Lake Community: No
  • Number Of Units Total: 2

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

6858 Lazy Vale Ct. Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

6858 Lazy Vale Ct. Market Data

Based on the last 30 days in this zip code

$596,672
Average List Price
$212
Average Price per Square Foot
12
Properties Sold
77
Average Days on Market
400
Properties for Sale
Calculations provided by Reliance Network


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