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Aerial view of the four-duplex Henshaw Creek community at Lazy Vale Court in South Tyler, Texas.
Multifamily — Duplex CommunityFor Sale

Henshaw Creek Duplex Community

6854 Lazy Vale Ct · Tyler, TX 75703

Description

Henshaw Creek Duplex Community is a stabilized multifamily investment opportunity in South Tyler consisting of four newly constructed duplexes with eight total rental units. Built in 2023 and currently 100% occupied, the 14,980-square-foot portfolio provides investors with in-place cash flow from modern, Class A residential assets in a growing area of Tyler.

The community offers a mix of two- and three-bedroom residences featuring open-concept living areas, high ceilings, abundant natural light, and contemporary finishes. Kitchens include stainless steel appliances, quartz countertops, custom cabinetry, and breakfast-bar seating. Primary suites feature well-appointed bathrooms with dual vanities and walk-in showers, while each residence includes an attached two-car garage and private fenced backyard.

HOA-provided yard maintenance, energy-efficient construction, durable finishes, and modern appliances contribute to a lower-maintenance ownership profile. The property is currently marketed at a 6.38% cap rate with approximately $197,690 in net operating income and 100% occupancy.

Investors also have an opportunity to expand within Henshaw Creek. Additional duplex lots are available immediately adjacent to the existing community, providing a path to increase unit count and build a larger multifamily portfolio within a single development. Planned neighborhood amenities include a pond and walking and biking trails, with convenient access to South Tyler shopping, schools, parks, and everyday services.

Property Highlights

  • Four newly constructed duplex buildings
  • Eight total rental units
  • 14,980 SF total building area
  • 100% occupied with stabilized in-place cash flow
  • 6.38% marketed cap rate
  • $197,690 NOI
  • Built in 2023
  • Class A multifamily investment
  • Two- and three-bedroom unit mix
  • Open-concept layouts with high ceilings and abundant natural light
  • Stainless steel appliances and quartz countertops
  • Custom kitchen cabinetry and breakfast-bar seating
  • Primary bathrooms with dual vanities and walk-in showers
  • Attached two-car garages for each residence
  • Private fenced backyards
  • HOA-provided yard maintenance
  • Energy-efficient construction and appliances
  • Additional on-site parking
  • Adjacent duplex development lots available for portfolio expansion
  • Planned pond and walking/biking trails
  • Convenient South Tyler location near shopping, schools, and parks

Gallery

Aerial view of the four duplex buildings and internal driveways at Henshaw Creek in South Tyler.Wide aerial view of Henshaw Creek Duplex Community and the surrounding Lazy Vale Court neighborhood.Front exterior of a modern Henshaw Creek duplex with attached two-car garages.Exterior view of a second duplex building within the Henshaw Creek community in Tyler.Driveways, attached garages, and additional parking serving the Henshaw Creek duplex residences.Rear exterior of the duplex residences showing private fenced backyards.Open-concept living and kitchen area inside a three-bedroom Henshaw Creek duplex residence.Kitchen with quartz island, custom cabinetry, and breakfast-bar seating in a Henshaw Creek residence.Stainless steel appliances and custom kitchen cabinetry inside a Henshaw Creek duplex unit.Bright living room with high ceilings and contemporary finishes in a Henshaw Creek residence.Primary bedroom inside a three-bedroom residence at Henshaw Creek Duplex Community.Primary bathroom with dual vanities in a Henshaw Creek duplex residence.Walk-in shower with modern tile finishes in a primary bathroom at Henshaw Creek.Walk-in closet and storage area inside a Henshaw Creek duplex residence.Secondary bedroom with natural light inside a Henshaw Creek three-bedroom unit.Secondary bathroom with contemporary finishes inside a Henshaw Creek residence.Attached two-car garage serving a Henshaw Creek duplex residence.Open-concept living and kitchen area inside a two-bedroom Henshaw Creek duplex residence.Kitchen breakfast bar, quartz counters, and cabinetry in a two-bedroom Henshaw Creek unit.Living room with high ceilings and natural light inside a two-bedroom Henshaw Creek residence.Bedroom with neutral finishes and natural light inside a Henshaw Creek duplex unit.Second bedroom inside a two-bedroom residence at Henshaw Creek in South Tyler.Bathroom with modern fixtures and finishes inside a Henshaw Creek duplex residence.Closet and interior storage space within a Henshaw Creek rental unit.Attached garage interior serving one of the duplex residences at Henshaw Creek.Private fenced backyard behind a Henshaw Creek duplex residence in South Tyler.Front exterior of another duplex building within the four-building Henshaw Creek portfolio.Side and rear exterior view of a Henshaw Creek duplex and its fenced yards.Parking and driveway circulation serving the Henshaw Creek Duplex Community.Aerial view showing the existing duplex community and adjacent land available for expansion.Adjacent build-ready duplex lots beside the existing Henshaw Creek rental community.Aerial context view of the Henshaw Creek development and surrounding South Tyler neighborhood.Street approach along Lazy Vale Court toward the Henshaw Creek duplex buildings.Wide aerial view of Henshaw Creek Duplex Community within the South Tyler growth corridor.