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Mixed-Use Property with Residence
For Sale
$399,000

205 N Wheeler, Colmesneil, TX 75938

Renovated office space occupies the lower level, with a separate three-bedroom residence above.

Property Size8,000 SF
Lot Size1.95 Acres
Price / SF$99.75
Days on Market9

Property Features for 205 N Wheeler

General Information

Standard status Active
Size 8,000 SF
Lot size 1.95 Acres

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Property Use Office

Amenities

conference rooms
kitchen
double sided fireplace
separate entrances

Building Details

Buildings 1
Stories 2
Building Size 8,000 SF
Listing Agency: Martindale Real Estate Invest
Listed By: Ashley Jackson-Whitworth
Source: Exprealty
Added: Oct 24 Changed: Oct 29 Last Checked: Nov 1 at 6:17AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Martindale Real Estate Invest

Rey
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Investment Insights

Based on property information with market context.

This renovated mixed-use property contains 8,000 square feet across two levels on 1.95 +/- acres. The lower floor provides approximately 10 private offices, conference rooms, a kitchen, and separate entrances that allow for potential division into two suites. A separate residence upstairs has three bedrooms, each with a private bath, plus a kitchen, living area, and veranda. Updated HVAC, flooring, and interiors complement lodge-style finishes and a double-sided fireplace.

The property has frontage on Highway 69 in Colmesneil and is described as unrestricted. Nearly an acre is paved for parking. Existing fiber and billboard leases provide additional income sources.

Key Highlights

  • 8,000 square feet on 1.95 +/- acres
  • Lower level includes approximately 10 private offices, conference rooms, and a kitchen
  • Separate entrances allow potential division of the office level into two suites

Property Analytics

Current Use

Mixed-use properties

Suggested Use

Top Pick Grocery & Convenience Store Dental Office Big Box & Wholesale Store Cafe & Coffee Shop Tanning Salon Hair Salon

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
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

31
Businesses Nearby

Demographics for 75938, TX

2,432
Population
1,623
Households
1.5
Avg Household Size
49
Median Age
12%
College-Educated
88%
High-School Grad
190.1 sq mi
ZIP Area
13
Density / Sq Mi
$48,903
Median Household Income
$44,093
Median Earnings
$734
Median Rent
$117,300
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Renovated office space occupies the lower level, with a separate three-bedroom residence above.
Where is this mixed-use property located?
The property is located at 205 N Wheeler Colmesneil, TX.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: 8,000 square feet on 1.95 +/- acres; Lower level includes approximately 10 private offices, conference rooms, and a kitchen; Separate entrances allow potential division of the office level into two suites
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