1135 N Penelope Street

Belton, TX 76513

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!

Listing courtesy of Barry Ratliff of Barry Ratliff, Broker



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Last checked: 2026-04-01 11:23 AM UTC