Courtesy of: Markie Severtson, Keller Williams Realty-Tyler, msevertson@kw.com
Courtesy of: Markie Severtson, Keller Williams Realty-Tyler, msevertson@kw.com
$160,000
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3 bed
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1,344 square feet
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2.00 Bath (2 Full)
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Lot: 0.45 Acres
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Single Family Residence
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$160,000
3112 Bellwood Road Excellent opportunity to acquire an established, income-producing rental property in Tyler, Texas! Offered at $160, 000, this 3-bedroom, 2-bathroom single-family home offers 1, 344 square feet of living space, an attached 2-car garage, and a spacious 0.45-acre lot, providing an attractive entry point for investors looking to expand their residential rental portfolio. Currently generating $1, 400 per month in rental income, or $16, 800 annually, the property features an established tenant who has occupied the home for approximately one year and recently renewed their lease for another 12-month term. The tenant has expressed a desire to remain long-term, offering potential for continued occupancy beyond the current lease. The functional three-bedroom floor plan, two full bathrooms, and attached garage provide desirable features for long-term rental use. Outside, the generous 0.45-acre lot offers plenty of outdoor space, including a flourishing garden cultivated by the current tenant. The larger lot adds to the property's appeal and provides a setting that stands apart from many smaller residential rentals. With an existing lease, established rental income, and a tenant who hopes to stay for years to come, this property presents an appealing opportunity for investors seeking an income-producing asset without the immediate need to secure a new tenant. Whether you're purchasing your first investment property or adding to an established portfolio, 3112 Bellwood Road combines affordable acquisition pricing, functional living space, and potential for long-term tenant retention. Property is being sold subject to the existing lease. Please note: Listing photos were taken prior to the current tenant's occupancy to respect tenant privacy. The property's appearance remains substantially the same.
Courtesy of: Markie Severtson, Keller Williams Realty-Tyler, msevertson@kw.com
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