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.
For sale
$3,150,000
6862 Lazy Vale Ct, Tyler, TX 75703
--beds
--baths
14,980sqft
Duplex
Built in 2023
-- sqft lot
$2,969,100 Zestimate®
$210/sqft
$-- HOA
What's special
Modern finishesHigh ceilingsFenced backyardsAbundant natural lightStainless steel appliancesDurable low-maintenance materialsQuartz countertops
- 160 days
- 95
- 5
Zillow last checked:
Listing updated:
Listed by:
Cole Ihrig 903-714-2041,
Ihrig Properties
Source: GTARMLS,MLS#: 26004024
Facts & features
Interior
Heating
- Central
Cooling
- Central Electric
Features
- Fireplace features: Other
Interior area
- Total structure area: 14,980
- Total interior livable area: 14,980 sqft
Property
Parking
- Parking features: 1 Or More Per Unit, Garage, Paved
- Has garage: 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: $210/sqft
- Annual tax amount: $36,447
- Date on market: 3/23/2026
- Total actual rent: 22200
- Tenant pays: All Utilities
Estimated market value
$2,969,100
$2.82M - $3.12M
$2,108/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/12/2026 | Price change | $3,150,000+1.6%$210/sqft |
Source: | ||
| 3/23/2026 | Listed for sale | $3,100,000+330.6%$207/sqft |
Source: | ||
| 7/15/2024 | Listing removed | -- |
Source: | ||
| 2/5/2024 | Listed for sale | $720,000-2%$48/sqft |
Source: | ||
| 2/1/2024 | Listing removed | -- |
Source: | ||
| 11/29/2023 | Listed for sale | $735,000$49/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
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.







