Overview
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.
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Rooms
- Primary Bedroom
- 15 x 15 / 1
- Bedroom
- 15 x 15 / 1
- Living Room
- 20 x 15 / 1
- Dining Room
- 20 x 15 / 1
- Appliances
- Dishwasher, Electric Range
- Interior Features
- Cable Tv
- Flooring
- Luxury Vinyl Plank
- Fireplaces
- 1 · Family Room
- Heating
- Central, Electric, Fireplaces
- Cooling
- Central Air, Ceiling Fans, Electric
- Utilities
- Electricity Available, Sewer Available, Water Available, Cable Available
- Architectural Style
- Detached
- Roof
- Composition
- Foundation
- Pillar Post Pier
- Patio / Porch
- Covered, Deck
- Pool
- None
- Levels
- One
- Stories
- 1
- Garage Spaces
- 2
- Attached Garage
- Yes
- Covered Spaces
- 2
Schools
- Elementary
- Peete (Tyler ISD)
- Middle
- Three Lakes (Tyler ISD)
- High
- Tyler Legacy (Tyler ISD)
Location
Price & Status History
| Date | Event | Price |
|---|---|---|
| 10/26/2026 | Listed for sale Source: NTREIS #21420436 | $160,000 |
Nearby Properties
Listed by Markie Severtson · Keller Williams Realty-Tyler
Co-listed by Josh Jacobs
Source: NTREIS · MLS#: 21420436
Information deemed reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) program of NTREIS. Real estate listings held by brokerage firms other than Sirka.com are marked with the IDX logo and detailed information about them includes the name of the listing brokers.
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