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140 Fm 16 W, Tyler, TX 75707

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Listing Type
Multi Family
Listing Status
active
48
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Transportation
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$499,000

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Home Details for 140 Fm 16 W
Price
$499,000
Type
Multi Family
Bedrooms
6
Year Build
1964
Sq. Ft.
3432
Lot Size
1.46
County
Smith
Tax
$7,950.98
MLS®️ Listing#
25010618
On exitrealty.com
129 days
Property Description
Investor Alert! This fully renovated Triplex is a rare find and a fantastic income-producing opportunity. Formerly a storefront/office with an attached apartment, the property has been completely reimagined into three residential units: a 1-bedroom, 1-bath, a 2-bedroom, 1-bath, and a 3-bedroom, 2-bath—perfect for a diverse tenant mix and strong rental returns. Each unit features stylish, updated finishes, and the property includes a large parking area and fully fenced backyards, enhancing both privacy and curb appeal. Situated near I-20 at the intersection of FM 14 and FM 16 in Red Springs, this property carries a Tyler address and is located within the Winona ISD. Whether you're an experienced investor or just starting out, this turnkey property checks all the boxes. And with room for expansion from the adjoining property, the potential here only continues to grow. Don't miss your chance to secure a property that’s already generating income and offers even more opportunity for the future!
Property Features
School Information

School Information for 140 Fm 16 W

Elementary School
Winona
Middle School
Winona
High School
Winona
Listing Courtesy: Keller Williams Realty-Tyler - 903-534-6600. Presented by: Ryan Major
The data relating to real estate for sale on this web site comes in part from the IDX Program of the Greater Tyler Association of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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Market statistics compiled from data from Greater Tyler Association of Realtors.
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EXIT REALTY PINNACLE GROUP
8767 S. Hwy 34, Quinlan, TX 75474
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$499,000

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EXIT REALTY PINNACLE GROUP
8767 S. Hwy 34, Quinlan, TX 75474
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