3112 Bellwood Road, Tyler, TX 75701
Local realty services provided by:Better Homes and Gardens Real Estate Rhodes Realty
Listed by: markie severtson, josh jacobs
Office: keller williams realty-tyler
MLS#:21420436
Source:GDAR
Price summary
- Price:$160,000
- Price per sq. ft.:$119.05
About this home
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....
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Home facts
- Year built:1985
- Subdivision & Development:City Of Tyler
- Listing ID #:21420436
- Added:2 day(s) ago
- Updated:October 29, 2026 at 12:14 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
- Full bathrooms:2
- Flooring:Luxury Vinyl Plank
- Kitchen Description:Dishwasher, Electric Range
- Living area:1,344 sq. ft.
Heating and cooling
- Cooling:Ceiling Fans, Central Air, Electric
- Heating:Central, Electric, Fireplaces
- Central air:Yes
Structure and exterior
- Roof:Composition
- Year built:1985
- Building area:1,344 sq. ft.
- Lot area:0.45 Acres
- Foundation Description:Pillar Post Pier
- Levels:1 Story
Schools
- High school:Tyler Legacy
- Middle school:Three Lakes
- Elementary school:Peete
Finances and disclosures
- Price:$160,000
- Price per sq. ft.:$119.05
- Tax amount:$3,118
Features and amenities
- Appliances:Dishwasher, Electric Range
Parking
- Garage:Yes
- Garage spaces:2
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