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140 Fm 16 W

Tyler, TX 75706
  • $649,900
  • STATUS: Active
  • ON SITE: 214 Days
  • MLS #: 26003219
UPDATED: 72 min ago
$649,900
  • 0
    BEDS
  • 6.51
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,432
    SQFT
  • $189
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1964
County:
Area:

School Information

Elementary School:
Middle School:
High School:

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!

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[Greater Tyler Association Of Realtors MLS] logo The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) of the Greater Tyler Association of REALTORS® Multiple Listing Service. The IDX logo indicates listings of other real estate firms that are identified in the detailed listing information. This information is deemed reliable, but not guaranteed. The information being provided is 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. Data last updated 2026-10-07T14:28:42.343.
www.platinumrealtygroup.homes/homes/173800843
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140 Fm 16 W Tyler, TX 75706

  • Price: $649,900
  • Status: Active
  • On Site: 214 Days
  • Updated: 72 min ago
  • MLS #: 26003219
0
Beds
0
Baths
0
½ Baths
6.51
Acres
3,432
SQFT
$189
$/SQFT
1964
Built
Neighborhood:
Abst A0377 C Green
County:
Smith
Area:
Smith
Elementary School:
Winona
Middle School:
Winona
High School:
Winona
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!
Exterior Features

Construction Materials Brick Foundation Details Slab Parking Features 1 Or More Per UnitPaved

Interior Features

Cooling Central Electric Fireplace Features Other Heating Central Levels One

Property Features

For Sale Or Rent For Sale Foreclosure YN No Listing Terms CashConventionalFHAVA Loan Lot Size Information 5 to 10 Acres Owner Pays InsuranceTaxes Permitted Use Public Property Condition Pre-owned Property Sub Type Triplex Security Features Audio and Video Surveillance Sewer Aerobic Septic Short Sale YN No Special Conditions None Tax Annual Amount 7950.98 Tax Year 2025 Tenant Pays ElectricWater Utilities Separate Electric MeterIndividual Gas MetersSeparate Water Meter Waterfront YN No

Listing provided courtesy of Ryan Major of Keller Williams Realty-Tyler: 903-534-6600. Listing information © 2026 Greater Tyler Association of REALTORS® Multiple Listing Service.


[Greater Tyler Association Of Realtors MLS] logo The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) of the Greater Tyler Association of REALTORS® Multiple Listing Service. The IDX logo indicates listings of other real estate firms that are identified in the detailed listing information. This information is deemed reliable, but not guaranteed. The information being provided is 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. Data last updated 2026-10-07T14:28:42.343.
 
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Platinum Realty
7925 S Broadway Ave #430
Tyler TX, 75703