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Four-Unit Condominium in Gated Community

1212 Centennial Trail, Tyler, TX 75703

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Four modern condos in a secure, gated community.

Type:Multifamily

Property size:

8,139 SF

Price / SF:

$159/SF

HighLights

New 4‑unit condominium in a secure, gated community.
Investment opportunity with potential for owner occupancy.
Each unit features a private fenced backyard with gas hookup and a two‑car garage.
Luxurious main bedrooms with private balconies and attached bathrooms featuring double sinks, big showers, and large walk‑in closets.
Modern style with spacious living rooms, fireplaces, and convenient half bathrooms and laundry rooms.
Excellent location near Christus Hospital, retail/dining at the Village at Cumberland Park, and easy access to Broadway Avenue and Toll 49.

We can help!

Listing Contact

Aaron Uncapher

Learn more

For Sale

Contact for pricing

Four modern condos in a secure, gated community.

Type:Multifamily

Property size:

8,139 SF

Price / SF:

$159/SF

Added:: Feb 10, 2026
Days on Market:: 131
Last Refresh:: May 12 at 9:14 pm

Property Features for 1212 Centennial Trail

General Information

Standard status: Active
Size: 8,139 SF
Property subtype: Multifamily

Building Details

Year Built: 2023

We can help!

Listing Contact

Aaron Uncapher

Listing agent Aaron Uncapher License #670627 TX

Listing office Burns Commercial Properties

Listing date Feb 10, 2026

Source Crexi

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Burns Commercial Properties

HighLights

New 4‑unit condominium in a secure, gated community.
Investment opportunity with potential for owner occupancy.
Each unit features a private fenced backyard with gas hookup and a two‑car garage.
Luxurious main bedrooms with private balconies and attached bathrooms featuring double sinks, big showers, and large walk‑in closets.
Modern style with spacious living rooms, fireplaces, and convenient half bathrooms and laundry rooms.
Excellent location near Christus Hospital, retail/dining at the Village at Cumberland Park, and easy access to Broadway Avenue and Toll 49.

Overview

This four-unit condominium, situated in a quiet area next to Cumberland Village, presents an owner-user and investment opportunity. Located within a secure, gated community, the property offers a modern style with spacious interiors. The living rooms are designed to be large and cozy, featuring fireplaces that seamlessly connect to the dining areas. Each unit includes a convenient half bathroom and a laundry room equipped with washer and dryer hookups. The main bedrooms, located upstairs, offer private balconies. Attached bathrooms feature double sinks, large showers, and walk-in closets. Additionally, there are two more bedrooms upstairs, each with ample closet space, and another full bathroom. Each unit is equipped with a new hot water heater and a two-car garage. The private, fenced backyard includes a gas hookup. Each unit features an advanced security system. Located in the Centennial Trail community, the property is near Christus Hospital, retail and dining options at the Village at Cumberland Park, and provides easy access to Broadway Avenue and Toll 49. The property size is 8139 square feet.

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$112.3k	$13.80
− Vacancy	−$7.3k	−$0.90
EGI	$105.0k	$12.90
− OpEx	−$31.5k	−$3.87
NOI	$73.5k	$9.03

8,139 SF · lease $13.80/SF/yr · vacancy 6.50% · expense 30.00%

Alternative Uses

Best Use

Multifamily LT 5

$1.05M

$918.9K – $1.23M (±1% cap)

NOI $73,512 @ 7.0% cap · market cap 5.66%

Second Best

Apartment 5plus

$984.2K

$861.2K – $1.15M (±1% cap)

NOI $68,893 @ 7.0% cap · market cap 5.30%

Theoretical Best

Office A

$1.82M

$1.59M – $2.12M (±1% cap)

NOI $127,161 @ 7.0% cap · market cap 9.79%

Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Location Insight

Map
Local Demand

City: Tyler
County: Smith
State: Texas
Longitude: -95.3184
Latitude: 32.2466

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For sale
Quadplexes
TX
Tyler
75703
1212 Centennial Trail

What type of property is this?

Quadplex - Four modern condos in a secure, gated community.

Where is this quadplex located?

The property is located at 1212 Centennial Trail Tyler, TX.

What is the asking price?

The asking price for this property is $1,299,000.

What are key features of this property?

This property features: New 4‑unit condominium in a secure, gated community.; Investment opportunity with potential for owner occupancy.; Each unit features a **private fenced backyard with gas hookup and a two‑car garage.**