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Adjacent City Lots for Development

505 E Walnut Street Coleman, TX 76834

505 E Walnut Street, Coleman, TX, 76834
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For Sale
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LAND - Coleman, TX

Property Size7,813 SF
Lot Size0.17 Acres
Price / SF$1.28
Days on Market175

Property Features for 505 E Walnut Street

General Information

Property type
Land
Property subtype
Other
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

Utilities

Sewer type
Public Sewer
Water source
Public
Listing agency Beycome Brokerage Realty LLC
Listed by Steve Koleno · License #6502432825
Added: Jan 28 Updated: Jun 9 at 8:49PM Checked: Jul 22 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

Property Profile Location Intelligence

Current Use by Public Records

Residential land & home ...

Suggested Use

Dental Office Law Firm Pharmacy HVAC Service Real Estate Agency Kitchen & Bath Showroom Spa & Massage Center Storage Facility (Bike/Boat/Book/etc) Store Plumbing Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

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 is the asking price?
The asking price for this property is Off market.
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
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