Investment Opportunity on Lake Greenwood – Income Producing Property! Looking for strong cash flow with built-in flexibility? This unique Lake Greenwood investment property generates $5,000+ per month in gross rental income potential, with receipts and income documentation available upon request. The property features a duplex, three full RV hookups, and multiple income streams, making it an outstanding addition to an investment portfolio. The owner currently occupies the left side of the duplex and is willing to lease it back from the new owner, allowing an investor to step into an income-producing asset from day one. Whether you're looking for a true investment property or a house-hacking opportunity, you also have the option to live in one side of the duplex while renting the other unit and all three RV sites to help offset—or potentially cover—your housing expenses. Additional features include owned solar panels serving the left-side unit, an above-ground pool, a detached outbuilding/workshop, and lakefront access on beautiful Lake Greenwood. With multiple revenue streams, flexible ownership options, and excellent cash-flow potential, opportunities like this are hard to find. If you're searching for an income-producing lake property with immediate rental potential and long-term flexibility, schedule your showing today.
For sale
$585,000
48 Tierra Dr, Waterloo, SC 29384
4beds
2,818sqft
Single Family Residence
Built in 2006
1.28 Acres Lot
$560,200 Zestimate®
$208/sqft
$-- HOA
What's special
Above-ground poolThree full rv hookups
- 8 days
- 250
- 12
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Paul Surrett 864-923-6140,
Keller Williams Greenville Cen
Source: WUMLS,MLS#: 20306405
Originating MLS: Western Upstate Association of Realtors
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
- Main level bathrooms: 4
- Main level bedrooms: 4
Heating
- Electric
Cooling
- Central Air, Forced Air
Features
- Basement: None
Interior area
- Total structure area: 2,818
- Total interior livable area: 2,818 sqft
Property
Parking
- Total spaces: 1
- Parking features: Detached, Garage
- Garage spaces: 1
Features
- Levels: One
- Stories: 1
- On waterfront: Yes
- Body of water: Greenwood
Lot
- Size: 1.28 Acres
- Features: Not In Subdivision, Outside City Limits
Details
- Parcel number: 2790501014
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
- Foundation: Slab
Condition
- Year built: 2006
Utilities & green energy
- Sewer: Public Sewer
- Utilities for property: Sewer Available
Community & HOA
HOA
- Has HOA: No
Location
- Region: Waterloo
Financial & listing details
- Price per square foot: $208/sqft
- Tax assessed value: $148,000
- Annual tax amount: $1,614
- Date on market: 7/31/2026
- Cumulative days on market: 62 days
- Listing agreement: Exclusive Right To Sell
Estimated market value
$560,200
$532,000 - $588,000
$2,674/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/31/2026 | Listed for sale | $585,000-2.5%$208/sqft |
Source: | ||
| 6/16/2026 | Listing removed | $1,800$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/12/2026 | Listed for rent | $1,800$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/14/2026 | Listing removed | $1,800$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/16/2026 | Listing removed | -- |
Source: Owner Report a problem | ||
| 3/15/2026 | Listed for rent | $1,800$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/14/2026 | Price change | $600,000-14.3%$213/sqft |
Source: Owner Report a problem | ||
| 1/6/2026 | Listed for sale | $700,000+12%$248/sqft |
Source: Owner Report a problem | ||
| 9/3/2025 | Listing removed | -- |
Source: Owner Report a problem | ||
| 8/31/2025 | Price change | $625,000+38.9%$222/sqft |
Source: Owner Report a problem | ||
| 6/22/2025 | Listed for sale | $450,000-7.2%$160/sqft |
Source: Owner Report a problem | ||
| 2/9/2025 | Listing removed | -- |
Source: Owner Report a problem | ||
| 11/11/2024 | Price change | $485,000-3%$172/sqft |
Source: Owner Report a problem | ||
| 10/6/2024 | Listed for sale | $500,000+3.1%$177/sqft |
Source: Owner Report a problem | ||
| 5/16/2024 | Listing removed | -- |
Source: Owner Report a problem | ||
| 5/6/2024 | Listed for sale | $485,000+234.5%$172/sqft |
Source: Owner Report a problem | ||
| 12/27/2018 | Sold | $145,000$51/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,614 0% | $6,650 |
| 2024 | $1,614 +28.1% | $6,650 |
| 2023 | $1,260 -17.4% | $6,650 |
| 2022 | $1,525 +6.7% | $6,650 +7.8% |
| 2021 | $1,429 | $6,170 |
| 2020 | -- | $6,170 -52.6% |
| 2018 | $4,483 | $13,020 |
| 2017 | -- | $13,020 |
| 2015 | $4,183 | $13,020 |
| 2014 | $4,183 | $13,020 |
Find assessor info on the county website
Monthly payment
Est. payment





