The Eye Round has the reputation of being tough, and it is... however if you cook it well its anything but tough. This is the kind of beef grandmas make AMAZING dishes out of.
You can cut steaks out of the eye round, which can be grilled and smoked. But you are better off cooking the roast for an extended period of time at low heat. Think crockpot or smoker. Cook low, cook slow!
Source: US Midwest Farms
This product has been aged for 30+ Days to improve tenderness and flavor
The Eye Round is the most tender of the cuts from the beef hind quarter. It is a very lean cut of steak and its great for roasts.