10450 Peterson, Tyler, TX 75708

Great investment opportunity with immediate cash flow! This remodeled 3-bedroom, 2-bathroom home offers over 1,700 square feet of living space on nearly half an acre. The functional floor plan includes two separate living areas and a dedicated office located just off one of the living spaces, providing flexibility for a variety of tenant needs.

The home also features a detached two-car garage, a covered front porch, and a spacious lot with plenty of room for pets, storage buildings, or outdoor recreation. Recent updates include flooring, fresh interior paint, and updated light fixtures. The property is currently leased for $1,650 per month, with a new 1-year lease already signed at $1,700 per month beginning in September.

The tenant is responsible for all utilities and lawn care, helping keep owner expenses low. The property also has the potential to qualify for the HUD Housing Choice Voucher (Section 8 program, subject to inspection and approval by the local housing authority. This is a turnkey investment with cash flow already in place.