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505 E Walnut Street, Coleman, TX 76834

LAND - Coleman, TX

Property Size7,813 SF
Lot Size0.17 Acres
Price / SF$1.28
Days on Market215

Property Features for 505 E Walnut Street

General Information

Property type Land
Property subtype Other
Zoning description com
Subdivision Original Town Coleman
Lot features Level, City Lot
Elementary school Coleman
High school Coleman
Elementary school district Coleman ISD
Middle school district Coleman ISD
High school district Coleman ISD
Directions Drive east on East Live Oak St. Right to South Colorado St. Left to East Walnut StTX 153. Property is on the left.
Standard status Active
APN R15714
Lot size 0.17 Acres

Taxes and HOA fees

Tax Description ORIGINAL TOWN COLEMAN, BLOCK 29, LOT E/2 3
Tax Annual Amount 265
Legal Description ORIGINAL TOWN COLEMAN, BLOCK 29, LOT E/2 3

Utilities

Sewer type Public Sewer
Water source Public
Listing Agency: Beycome Brokerage Realty LLC
Listed By: Steve Koleno · License #0779766
Added: Jan 28 Changed: Aug 1 Last Checked: Aug 31 at 1:06PM
MLS# 21110623

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Two adjacent city lots are offered in Coleman, Texas at 505 E Walnut Street. One lot is fully equipped with utilities and ready for development, while both parcels provide room to plan a future home, investment property, or other compatible projects. The property presents a practical option for buyers seeking buildable adjacent land with at least one site prepared for immediate use.

The lots are located in a convenient city setting with easy access to local amenities. They are described as being just two blocks from downtown on a main highway, which can help support walk-up access to daily needs and commercial services.

This layout makes the offering well-suited for buyers who want flexibility with how they use the two parcels, whether that means developing one now and holding the other, or evaluating options for a multi-phase plan. The combination of adjacent acreage and an already utility-ready lot is particularly attractive for investors or owner-builders looking to reduce upfront site preparation and move forward with development decisions.

Key Highlights

  • Two adjacent city lots in Coleman, TX
  • Each lot is 7,812.5 SF, for a total of 15,625 SF of combined land
  • 505 E. Walnut is fully equipped with utilities and ready for development

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Dental Office Law Firm Pharmacy HVAC Service Real Estate Agency Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

312
Businesses Nearby

Demographics for 76834, TX

4,991
Population
3,041
Households
1.6
Avg Household Size
51
Median Age
15%
College-Educated
87%
High-School Grad
440.2 sq mi
ZIP Area
11
Density / Sq Mi
$51,766
Median Household Income
$36,074
Median Earnings
$746
Median Rent
$87,600
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Two adjacent lots with utilities already in place, offering flexibility for residential builds or investment opportunities.
Where is this residential land & home lot located?
The property is located at 505 E Walnut Street Coleman, TX.
What are key features of this property?
This property features: Two adjacent city lots in Coleman, TX; Each lot is 7,812.5 SF, for a total of 15,625 SF of combined land; 505 E. Walnut is fully equipped with utilities and ready for development
More about this property
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