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Commercial Land with Utilities
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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 Market248

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 #134784
Added: Jan 28 Changed: Sep 6 Last Checked: Oct 3 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.

This commercial land offering consists of two adjoining city lots totaling 0.17 acres, with each lot measuring 7,812.5 square feet. The property at 505 E. Walnut Street includes public water and public sewer service, and the addressed lot is equipped with utilities for development. The site was previously used for commercial purposes.

The property is located in Coleman, two blocks from downtown and along a main highway, with convenient access to local amenities. Its in-town setting and utility availability support consideration for commercial development or other projects identified for the lots.

Key Highlights

  • Two adjacent city lots totaling 0.17 acres
  • Each lot measures 7,812.5 sq. ft.
  • 505 E. Walnut lot is equipped with utilities

Property Analytics

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Current Use

Commercial land

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Commercial land - Two adjacent city lots include public water and sewer service.
Where is this commercial land 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 totaling 0.17 acres; Each lot measures 7,812.5 sq. ft.; 505 E. Walnut lot is equipped with utilities
More about this property
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