6858 Lazy Vale Ct.Tyler, TX 75703

Description

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.

Property Information

Property type

Residential Income

Sub-type

Duplex

Year built

2024

Living area

3,414 Sq Ft

Days on market

169

MLS^® Listing#

26006744

Property Features

Cooling

Central Air · Electric

Heating

Central

Fireplace

Other

Parking

Garage · Paved

Construction

Brick

Foundation

Slab

Sewer

Public Sewer

Schools

Elementary

Jack

Middle

Three Lakes

High

Tyler Legacy

Financial Details

HOA

Yes

Annual taxes

$8,429Tax year 2025

Directions

Heading west on Grande, turn left on CR 192 (Old Noonday). Turn left onto Flint River Rd and duplex is on left.