140 Fm 16 W

Tyler, TX 75707
  • $499,000

    Price
  • 6

    Bed
  • 4

    Bath
  • 3,432

    SqFt

About the Listing 268 - 3813,3813

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!

Listing Highlights for 140 Fm 16 W

Status Active
Days on Site 92
Property Type Multi-Family
MLS ® 25010618
Year Built 1964
Total Square Footage 3,432
Lot/Acreage 1.46
County Smith
Elementary School Winona
Middle School Winona
High School Winona

Interior Details

  • Bedrooms: 6
  • Bathrooms: 4 Full
  • Appliances:
  • Air Cond: Central Electric
  • Heating: Central Electric
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water:

Exterior Details

  • Garage Capacity: N/A
  • Zoning: Commercial
  • Roof:
  • Others:
  • Sewer: AerobicSeptic Sys
  • Parking Features: 1 Or More Per Unit,Paved Areas

Financial Details

  • Tax Amount: $7,951
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: 2025

Payment Calculator

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Listing Location

Questions About..

140 Fm 16 W Tyler, TX 75707

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