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$415,000
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Property Description
CHARMING VICTORIAN HOME IN THE HEART OF BELTON'S HISTORIC DISTRICT! Step into timeless elegance with this truly unique residence nestled on a picturesque half acre lot. Surrounded by mature trees and a park-like setting, this 4-bedroom, 3-bathroom home offers over 3,400 square feet of character, comfort, and charm with 5 fireplaces. Inside, you will find spacious bedrooms, a formal dining room which will host 10+ guests, two inviting living areas, and a large upstairs room, originally used for staff accommodations, with its own private staircase-perfect for a guest suite, game room, or home office. The home features two grand chandeliers that add a dramatic touch of classic sophistication to the two downstairs rooms which can be used as bedrooms or living areas. The kitchen showcases a premium 6-burner Elmira Stove Works gas range that blends vintage style with modern performance, as well as open shelving, a separate prep sink, and 2 walk-in pantries. Enjoy morning coffee or evening sunsets on the expansive wraparound porches, or unwind in the gazebo. There's ample parking with a multi-car pad, plus a designated RV/boat parking area with full hookups. Located in Belton's Historical District, this rare gem combines the grace of a bygone era with the conveniences of modern living. Walking or biking distance to downtown, UMHB, and local dining. Updates include copper electrical, plumbing updated to PVC pipes, exterior repainted, HVAC replaced in June, 2025 (both inside and outside units). Don't miss your opportunity to own a piece of local history that was originally built for the family of Frank Kellogg Austin who owned F.K. Austin's Cash and Carry grocery store. Members of the Austin family lived in the house until the 1950's. The house was added to the National Register of Historic Places due to its importance as an example of the Italianate architectural style.
Full Property Details
Full Property Details for 702 N Penelope St
General
- Price: $415,000
- Status: Active
- Type: Single Family
- Source: Central_Texas_MLS
- MLS ID: 589148
- Updated: 12/17/2025
- Added to Site: 163 day(s) ago
Interior
- Interior Features: Tray Ceiling(s), Cedar Closet(s), Ceiling Fan(s), Chandelier, Crown Molding, Dining Area, Separate/Formal Dining Room, Garden Tub/Roman Tub, High Ceilings, Multiple Living Areas, MultipleDining Areas, Storage, Separate Shower, Vanity, Natural Woodwork, Walk-In Closet(s), Window Treatments, Pantry, Walk-In Pantry
- Fireplace: Yes
- Number of Fireplaces: 6
- Fireplace(s): Bedroom, Dining Room, Living Room, Wood Burning
- Appliances: Double Oven, Dishwasher, Exhaust Fan, Electric Water Heater, Gas Range, Water Heater, Some Gas Appliances, Range
- Flooring: Carpet, Vinyl, Wood
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Washer Hookup, Electric Dryer Hookup, Main Level, Laundry Room
Exterior
- Exterior Features: Balcony, Covered Patio, Rain Gutters, Storage
- Porch/Patio/Deck: Balcony, Covered, Patio
Parking
- Parking Features: No Garage, RV Access/Parking
Location
- County: Bell
- Subdivision: Belton Original
- Driving Directions: From E 6th Avenue, right on Penelope. House is on the left.
School Information
- Elem School District: Belton ISD
- Midd School District: Belton ISD
- High School District: Belton ISD
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Electric, 2 Units
- Heating Type: Central, Multiple Heating Units, Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Cable Available, Natural Gas Available, High Speed Internet Available, Trash Collection Public
Structural Information
- Architectural Style: Historic/Antique, Victorian
- Construction: Lap Siding, Wood Siding
- Roof: Composition, Shingle
- Windows: Window Treatments
- Stories/Levels: 2
- Square Feet: 3,432
- Sq. Ft. Source: Appraiser
- Living Area: 3,432 Sq. Ft.
- Year Built: 1885
- Year Built Source: Assessor
- Property Condition: Resale
Additional Structures
- Other Structures: Gazebo, Storage
Lot Features
- Lot Size (Acres): 0.51
- Frontage: City Street, Asphalt
- Sidewalks: Yes
- Fencing (Description): Back Yard, Front Yard, Picket, Wood
Financial Considerations
- Terms: Cash, Conventional
Disclosures and Reports
- Documents Avail.: Disclosure(s), Lead Based Paint Disclosure, Other, Seller's Property Disclosure, See Remarks, Survey
- Legal Description: BELTON ORIGINAL, BLOCK 61D, LOT PT 21, (E 178' OF 21), ACRES .51
- Property ID: 34143
- Block: 61D
- Lot Number: 21
Listed by Covington Real Estate, Inc.
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Schools
Schools serving 702 N Penelope St
School District:Belton Independent School District
| Name | Grades | Distance |
|---|---|---|
Leon Heights Elementary School 1501 North Main Street, Belton, TX 76513 | K-5 | 0.6 mi |
Belton Middle 1704 Sparta Road, Belton, TX 76513 | 6-8 | 1.7 mi |
Belton High School 600 Lake Road, Belton, TX 76513 | 9-12 | 1.9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 702 N Penelope St
Date
Details
Price
Change
Source
12/17/2025
Price Reduced
$415,000
-7.68%
MLS
9/18/2025
Price Reduced
$449,500
-9.19%
MLS
8/08/2025
Listed
$495,000
—
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 702 N Penelope St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$9,326
13%
$460,253
1%
2023
$8,236
—
$456,568
12%
2023
$8,236
-5%
$406,954
7%
2022
$8,675
24%
$378,703
30%
2021
$7,024
—
$291,166
1%
2020
$7,043
—
$287,043
6%
2019
$7,077
-13%
$271,350
-9%
2018
$8,159
3%
$296,947
2%
2017
$7,908
11%
$290,992
5%
2016
$7,102
1%
$277,995
1%
2015
$7,048
13%
$275,867
3%
2013
$6,234
—
$267,358
10%
2013
$6,234
—
$243,053
—
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 702 N Penelope St
702 N Penelope Street, Belton, TX 76513 (MLS# 589148) is a Single Family property with 4 bedrooms and 3 full bathrooms. 702 N Penelope Street is currently listed for $415,000 and was received on August 08, 2025. Want to learn more about 702 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.

