3112 Bellwood Rd, Tyler, TX

House

For Sale

Listed price in listed location currency (USD).

$160,000

322

MLS® 21420436

Overview

Key Facts

Type Single Family Residence

Levels Residential

Size 1344 sqft

Garage Yes

Taxes $3,118

Days Active 1

Lot Size 0.448 Acres

Approx. Age 1985

Avg. Price Per Sqft $119

MLS® Number 21420436

Property Address: 3112 Bellwood Rd, Tyler, TX, 75701-1001

Average square foot calculated using Size range provided by listing agent.

Description

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.

MLS® Number21420436

Laundry Level

Central VacNo

FireplaceYes

Acreage

Exterior

GarageYes

Approx. Age1985

Basement

DrivewayAdditional Parking, Concrete

Garage Spaces

HeatCentral, Electric, Fireplaces

A/CCentral Air, Ceiling Fans, Electric

Extras

Map

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