LKV Realty
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$335,000
$1,650Reward *
1135 N Penelope Street, Belton, TX 76513Listing ID 607351

1135 N Penelope Street, Belton, TX 76513

Active
Austin
Time on site: 138 daysLast updated: Mar 27, 2026
Property Type
Property Type
Residential
Property Sub Type
Property Sub Type
Single Family Residence
Bedrooms
Bedrooms
5
Bathrooms
Bathrooms
2
Square Feet
Square Feet
2,651
Acres
Acres
0.29
Days on Site
Days on Site
137
Cooling
Cooling
Central Air, Electric, 1 Unit
Heating
Heating
Central, Natural Gas
Year Built
Year Built
1945
Stories
Stories
1
Garages
Garages
2

Maximize your ROI or upgrade your lifestyle with this incredible, high-flexibility property just minutes from the University of Mary Hardin-Baylor! Located on a prime corner lot at 1135 N Penelope St, this home is a rare gem perfectly suited for a large family or a savvy investor looking to capitalize on the booming student rental market. UNMATCHED VERSATILITY: This traditional home lives large. Need space? Use the formal dining as a 5th bedroom. Looking for income? The current owner has a proven track record of leasing rooms to students. The property features a separate front out-building—perfect as a private master suite with a study, a secluded home office, or a standalone rental apartment. PREMIUM FEATURES: The heart of the home is a massive chef’s kitchen with a huge center island, double ovens, cooktop, and built-in microwave—ideal for entertaining. Relax in the oversized family room anchored by a classic corner brick fireplace. Enjoy a mix of durable laminate, ceramic tile, and original hardwood floors that add timeless character. APARTMENT SPACE: The oversized garage isn't just for parking; it includes a private room with a kitchenette, ready-made as an additional rental unit or studio. With a separate carport for front-of-home parking and proximity to downtown Belton shopping and dining, this home offers convenience that is hard to beat. ACT FAST: Opportunities with this much income potential and square footage near the University do not last. Schedule your showing today!

Property Information

Property Details

Location

Address
1135 N Penelope Street
County
Bell
City
Belton
Zip Code
76513
Subdivision
Austin
School District
Belton ISD

Interior Features

Beds and Baths

Bedrooms
5
Full Bathrooms
2

Building

Building Information

Square Feet
2,651
Year Built
1945
Stories
1
Construction
Lap Siding, Wood Siding
Foundation
Pillar/Post/Pier
Roof
Composition, Shingle

Financial

Special Conditions
Short Sale
Barry Ratliff, Broker, (254) 295-6081

Market Report for 76513

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: Central Texas MLS
Central Texas MLS logo

Listing and property data is from an Internet Data Exchange (IDX) provided by the Central Texas MLS. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026 Central Texas MLS, All Rights Reserved.

For corrections to this data please contact Brytecore MLS Support.

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