140 Fm 16 W, Tyler, TX 75706

Beds
6
Sqft
3,432

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Listed byKeller Williams Realty Tyler
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Overview

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!

Location

Full feature list

Basic info

Property type
Multi-family
Number of bedrooms
6
Square feet
3,432
Lot size (acres)
6.51
Year built
1964

Utilities

Heating
Electric, Central
Cooling
Central Air
Sewer
Septic System

Taxes

Tax Annual Amount (2025)
$7,950.98

Public schools

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Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: Greater Tyler Association of REALTORS MLS®#: 26003219 Last checked:

 

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.