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 ...
+ Read More| Listing Id: | 21420436 |
|---|---|
| List Price: | $160,000 |
| Property Type: | Residential |
| Property Sub Type: | Single Family Residence |
| Status: | Active |
| Bedrooms Total: | 3 |
| Bathrooms Full: | 2 |
| Living Area: | 1,344 |
| Unexempt Taxes: | $3,118 |
| Lot Size Square Feet: | 19,514.8800 |
| Lot Size Acres: | 0.448 |
| Waterfront?: | No |
| City: | Tyler |
| County Or Parish: | Smith |
| Subdivision Name: | City Of Tyler |
| Postal Code: | 75701 |
| Year Built: | 1985 |
| Accessibility Features Yn: | No |
| Appliances: | Dishwasher,Electric Range |
| Association Type: | None |
| Attached Garage?: | Yes |
| Basement Yn: | No |
| Bathrooms Total Decimal: | 2.00 |
| Bathrooms Total Integer: | 2 |
| Consent for Visitors to Record: | None |
| Construction Materials: | Siding |
| Cooling: | Ceiling Fan(s), Central Air, Electric |
| Covered Spaces: | 2 |
| Directions: | From the intersection of Hwy 31 W and Loop 323 in Tyler, head south on Loop 323. Turn left onto Bellwood Rd and continue approximately 0.5 miles. 3112 Bellwood Rd will be on the right. |
| Elementary School: | Peete |
| Elementary School Name: | Peete |
| Fencing: | Back Yard |
| Fireplace Features: | Family Room |
| Fireplaces Total: | 1 |
| Flooring: | Luxury Vinyl Plank |
| Foundation Details: | Pillar/Post/Pier |
| Garage Spaces: | 2 |
| Garage?: | Yes |
| Heating: | Central, Electric, Fireplace(s) |
| High School Name: | Tyler Legacy |
| Interior Features: | Cable TV Available |
| Laundry Features: | Full Size W/D Area |
| Levels: | One |
| Listing Terms: | 1031 Exchange, Cash, Conventional |
| Room Count: | 4 |
| Lot Size: | Less Than .5 Acre (not Zero) |
| Lot Size Area: | 0.4480 |
| Lot Size Source: | Assessor |
| Lot Size Units: | Acres |
| Middle School Name: | Three Lakes |
| Multi Parcel ID: | No |
| Municipal Utility District?: | No |
| Notice Surveillance Devices Pres: | None |
| Number Of Dining Areas: | 1 |
| Number Of Living Areas: | 1 |
| Number Of Parking Spaces: | 2 |
| Parking Features: | Additional Parking, Concrete |
| Patio And Porch Features: | Covered, Deck |
| Pool?: | No |
| Possession: | Closing/Funding |
| Postal Code Plus 4: | 1001 |
| Property Attached?: | Yes |
| Roof: | Composition |
| School District: | Tyler ISD |
| Smart Home Features Appor Pass Y: | 0 |
| Special Taxing Entities: | 0 |
| Structural Style: | Single Detached |
| Transaction Type: | For Sale |
| Utilities: | City Sewer, City Water, Co-op Electric |
| Will Subdivide: | No |
| Year Built Details: | Preowned |
Listing Courtesy of: Keller Williams Realty-Tyler
Listing Agent: Markie Severtson
760-483-0110
Mortgage Calculator
All listings featuring the 
icon are provided courtesy of North Texas Real Estate Information Systems, Inc. (NTREIS), Copyright 2026. All rights reserved.
All information is believed accurate but not guaranteed. The properties displayed may not be all of the properties available through the IDX Program. Any use of this site other than by potential buyers or sellers is strictly prohibited.
North Texas Real Estate Information Systems, Inc. data last updated on October 27, 2026 01:26 AM - CT
Property Last Updated: October 27, 2026 01:26 AM - CT
