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$335,000 Just Listed
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Property Description
Welcome to 501 N. Penelope Street in Belton-a timeless 1915 home rich in character, charm, and thoughtful updates. This spacious residence offers approximately 4 bedrooms and 2 full bathrooms, seamlessly blending historic appeal with modern conveniences. Inside, you'll find beautiful original wood floors, two inviting living areas, and a formal dining room ideal for hosting gatherings. Four decorative fireplaces enhance the home's classic ambiance, while a cozy reading nook or office space just off the main living area provides flexibility for today's lifestyle. Recent updates to plumbing, electrical, bathrooms, and kitchen offer peace of mind while preserving the home's historic integrity. Additional improvements-including added insulation and a transferable foundation warranty supported by 28 concrete piers -provide added confidence in a home of this era. Natural light fills the sunroom, creating a bright and relaxing space year-round. Upstairs, an enclosed patio space offers versatile use as a private sitting area, expanded dressing room, creative studio, or whatever best suits your needs. Situated on a desirable corner lot, the property features welcoming front and side porches with new railings-perfect for enjoying quiet mornings or evening relaxation. The detached garage includes additional storage, electricity with a separate meter, and potential for a future garage apartment, workshop, or studio. Located just minutes from the heart of Downtown Belton, this home offers a truly walkable lifestyle. Enjoy convenient access to local shops, restaurants, and year-round community events. Stroll to the courthouse square and experience the charm of locally owned boutiques, dining, and live entertainment. The area is known for its vibrant atmosphere, seasonal festivals, and frequent live music gatherings that bring the community together.
Full Property Details
Full Property Details for 501 N Penelope St
General
- Price: $335,000
- Status: Active
- Type: Single Family
- Source: Central_Texas_MLS
- MLS ID: 612037
- Updated: 5/1/2026
- Added to Site: 1 day(s) ago
Interior
- Number of Rooms: 1
- Interior Features: All Bedrooms Up, Ceiling Fan(s), Dining Area, Separate/Formal Dining Room, High Ceilings, Multiple Living Areas, Storage, Tub Shower, Upper Level Primary, Vanity, Window Treatments, Other, Pantry, See Remarks
- Fireplace: Yes
- Number of Fireplaces: 4
- Fireplace(s): Bedroom, Decorative, Dining Room, Living Room, Primary Bedroom, Other, See Remarks
- Appliances: Dishwasher, Electric Water Heater, Gas Range, Microwave, Other, Refrigerator, See Remarks, Some Gas Appliances, Range
- Flooring: Combination, Carpet Free, Wood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Electric Dryer Hookup, Inside
Additional Information
- Security/Safety: Smoke Detector(s)
Exterior
- Exterior Features: Covered Patio, Other, Porch, Private Yard, See Remarks
- Porch/Patio/Deck: Covered, Patio, Porch
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking Features: Detached, Garage, Other, See Remarks
Location
- County: Bell
- Subdivision: Alexanders Add
- Driving Directions: Take 6th Avenue, turn on Penelope, at corner of Penelope & 5th.
School Information
- Elem School District: Belton ISD
- Midd School District: Belton ISD
- High School District: Belton ISD
- Elementary School: Southwest Elementary
- Middle School: South Belton Middle School
- High School: Belton High School
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Electric
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Natural Gas Connected, Other, See Remarks, Trash Collection Public
Structural Information
- Architectural Style: Historic/Antique, Victorian
- Construction: Board & Batten Siding, Other, See Remarks
- Roof: Composition, Shingle
- Windows: Window Treatments
- Stories/Levels: 2
- Square Feet: 2,978
- Sq. Ft. Source: Appraiser
- Living Area: 2,978 Sq. Ft.
- Year Built: 1915
- Year Built Source: Assessor
- Property Condition: Resale
Lot Features
- Lot Size (Acres): 0.2556
- Frontage: City Street, Other, Paved, See Remarks
- Fencing (Description): Back Yard, Other, Privacy, See Remarks, Wood
Financial Considerations
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Documents Avail.: Disclosure(s), Lead Based Paint Disclosure, Seller's Property Disclosure, Survey
- Legal Description: ALEXANDERS ADDITION, BLOCK 006, LOT PT 1, (S 1/2 OF 1)
- Property ID: 5014
- Block: 6
- Lot Number: 1
Listed by All City Real Estate Ltd. Co
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Schools
Schools serving 501 N Penelope St
School District:Belton Independent School District
| Name | Grades | Distance |
|---|---|---|
Southwest Elementary School, Belton, TX 611 South Saunders Street, Belton, TX 76513 | K-5 | 0.9 mi |
South Belton Middle School 805 Sagebrush, Belton, TX 76513 | 6-8 | 1.3 mi |
Belton High School 600 Lake Road, Belton, TX 76513 | 9-12 | 2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 501 N Penelope St
Date
Details
Price
Change
Source
5/01/2026
Listed
$335,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 501 N Penelope St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$4,807
9%
$239,436
-18%
2023
$4,394
—
$291,607
-16%
2023
$4,394
-21%
$345,938
-6%
2022
$5,531
6%
$366,133
31%
2021
$5,204
5%
$279,472
38%
2020
$4,952
3%
$201,827
10%
2019
$4,788
4%
$183,573
10%
2018
$4,588
—
$166,975
-1%
2017
$4,571
13%
$168,199
6%
2016
$4,039
92%
$158,098
92%
2015
$2,108
2%
$82,495
2%
2014
$2,057
—
$80,516
1%
2013
$2,049
—
$79,873
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 501 N Penelope St
501 N Penelope Street, Belton, TX 76513 (MLS# 612037) is a Single Family property with 4 bedrooms and 2 full bathrooms. 501 N Penelope Street is currently listed for $335,000 and was received on May 01, 2026. Want to learn more about 501 N Penelope Street? Do you have questions about finding other Single Family real estate for sale in Belton? You can browse all Belton real estate or contact a Coldwell Banker agent to request more information.

