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.
For sale
$860,000
6854 Lazy Vale Ct, Tyler, TX 75703
--beds
--baths
4,078sqft
Duplex
Built in 2023
-- sqft lot
$835,500 Zestimate®
$211/sqft
$-- HOA
What's special
High ceilingsFenced backyardsAbundant natural lightStainless steel appliancesQuartz countertopsEnergy-efficient appliancesOpen-concept living
- 179 days
- 48
- 5
Zillow last checked:
Listing updated:
Listed by:
Cole Ihrig 903-714-2041,
Ihrig Properties
Source: GTARMLS,MLS#: 26003089
Facts & features
Interior
Heating
- Central
Cooling
- Central Electric
Features
- Fireplace features: Other
Interior area
- Total structure area: 4,078
- Total interior livable area: 4,078 sqft
Property
Parking
- Parking features: 1 Or More Per Unit, Garage, Paved, On Street
- Has garage: Yes
- Has uncovered spaces: Yes
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Brick
- Foundation: Slab
Condition
- Pre-owned
- Year built: 2023
Utilities & green energy
- Sewer: Public Sewer
- Utilities for property: Separate Electric Meter, Separate Water Meter
Community & HOA
Community
- Subdivision: Henshaw Creek
HOA
- Has HOA: Yes
Location
- Region: Tyler
Financial & listing details
- Price per square foot: $211/sqft
- Annual tax amount: $8,978
- Date on market: 3/4/2026
- Total actual rent: 5950
- Tenant pays: All Utilities
Estimated market value
$835,500
$794,000 - $877,000
$2,701/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/12/2026 | Price change | $860,000+2.4%$211/sqft |
Source: | ||
| 3/4/2026 | Listed for sale | $840,000-72.9%$206/sqft |
Source: | ||
| 1/1/2026 | Listing removed | $3,100,000$760/sqft |
Source: | ||
| 7/10/2025 | Listed for sale | $3,100,000-1.6%$760/sqft |
Source: | ||
| 12/9/2024 | Listing removed | $3,150,000$772/sqft |
Source: | ||
| 9/26/2024 | Listed for sale | $3,150,000$772/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 75703
Nearby schools
Schools provided by the listing agent
- Elementary: Jack
- Middle: Three Lakes
- High: Tyler Legacy
Source: GTARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.





