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$840,000
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Property Description
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.
Full Property Details
Full Property Details for 6854 Lazy Vale Ct
General
- Price: $840,000
- Taxes: $8,978 (2025)
- Status: Active
- Type: Duplex
- Source: Tyler_MLS
- MLS ID: 26003089
- Updated: 3/4/2026
- Added to Site: 30 day(s) ago
Interior
- Fireplace(s): None
Rooms
Bathrooms
- Total Bathrooms: 6
Parking
- Parking: 1 Or More Per Unit, Garage, Paved Areas, Street
Location
- County: Smith
- Subdivision: Henshaw Creek
- Driving Directions: Heading west on Grande, turn left on CR 192 (Old Noonday). Turn left onto Flint River Road and duplexes are on left.
School Information
- Elementary School: Jack
- Middle School: Three Lakes
- High School: Tyler Legacy
Heating & Cooling
- Cooling Type: Central Electric
- Heating Type: Central Electric
Utilities
- Metering: Individual Electric Meter, Individual Water Meters
Structural Information
- Exterior Const.: Brick and Wood
- Foundation: Slab
- Square Feet: 4,078
- Sq. Ft. Source: Builder
- Year Built: 2023
Unit Information
Unit 1
- Unit Description: Living Room
- Total Bathrooms: 3
- Bedrooms: 3
- Living Room: Living Room
Unit 2
- Unit Description: Living Room
- Total Bathrooms: 3
- Bedrooms: 3
Lot Features
- Zoning: Multi Fam Dwelling 2 ½ St
Financial Considerations
- Tax Amount: $8,978
- Tax Year: 2025
- Landlord Pays: Taxes, Insurance, Maintenance Repairs, Lawn Care
- Tenant Pays: All Utilities
Disclosures and Reports
- Special Conditions: Homeowner's Assn Dues
Listed by P&I Real Estate Management, Cole Ihrig
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Schools
Schools serving 6854 Lazy Vale Ct
School District:Tyler Independent School District
| Name | Grades | Distance |
|---|---|---|
Dr Bryan C Jack Elementary School 1900 Balsam Gap, Tyler, TX 75703 | PK-5 | 1.7 mi |
Three Lakes Middle School 2445 Three Lakes Parkway, Tyler, TX 75703 | 6-8 | 0.3 mi |
Tyler Legacy High School 4500 Red Raider Drive, Tyler, TX 75703 | 9-12 | 3.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 6854 Lazy Vale Ct
Date
Details
Price
Change
Source
3/04/2026
Listed
$840,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 6854 Lazy Vale Ct
Year
Property Taxes
Change
Tax Assessment
Change
2024
$11,955
—
$702,738
28%
2024
$11,955
2919%
$550,553
2321%
2023
$396
—
$22,738
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 6854 Lazy Vale Ct
6854 Lazy Vale Ct., Tyler, TX 75703 (MLS# 26003089) is a Duplex property with 0 bedrooms and 0 full bathrooms. 6854 Lazy Vale Ct. is currently listed for $840,000 and was received on March 04, 2026. Want to learn more about 6854 Lazy Vale Ct.? Do you have questions about finding other Duplex real estate for sale in Tyler? You can browse all Tyler real estate or contact a Coldwell Banker agent to request more information.

