Cash-Flowing Duplex
516 S Nueces Coleman, TX 76384
516 S Nueces, Coleman, TX, 76384
$119,900
For Sale
$119,900
MULTI_FAMILY - Coleman, TX
Lot Size0.13 Acres
Days on Market137
Property Features for 516 S Nueces
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Bedrooms
- 2
- Rooms
- Bedroom 1, Bedroom 2
- Parking features
- On Street
- Interior features
- HighSpeedInternet, CableTv
- Appliances
- ElectricRange
- Standard status
- Active
- APN
- 16806
- Lot size
- 0.13 Acres
Taxes and HOA fees
- Tax Description
- GRAY ADDN TOWN COLEMAN, BLOCK 20, LOT 23, 516 & 51
Utilities
- Sewer type
- Public Sewer
- Cooling system
- Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1960
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Vinyl
- Roof type
- Composition
Listing agency
Augusta Realtors
(325) 829-5375
Listed by
Cheyenne Toliver
(325) 829-5375
Added: Mar 7 Updated: Jul 17 at 1:44PM Checked: Jul 22 at 8:06AM
MLS# 21201256
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Investment Insights
Based on property information with market context.
This duplex investment property at 516 S Nueces in Coleman, Texas is currently leased and positioned to provide immediate rental income. The property has been renovated in the past and features functional layouts designed for reliable tenancy. For investors, the existing occupancy helps reduce time-to-income and supports portfolio expansion with a steady, cash-flowing asset.
The duplex is located in Coleman, a quiet, small-town setting. It is approximately 45 minutes from Abilene, which may appeal to investors looking for properties outside major metro cores while still remaining within practical driving distance.
As a turnkey income opportunity, this duplex is a logical fit for investors seeking an already-leased residential income asset with prior renovation work completed. It may also suit buyers interested in building a broader multifamily strategy, as the property can be purchased individually or as part of a larger investment package that includes additional multifamily opportunities at 111 N Nueces and 502 Cottonwood.
The duplex is located in Coleman, a quiet, small-town setting. It is approximately 45 minutes from Abilene, which may appeal to investors looking for properties outside major metro cores while still remaining within practical driving distance.
As a turnkey income opportunity, this duplex is a logical fit for investors seeking an already-leased residential income asset with prior renovation work completed. It may also suit buyers interested in building a broader multifamily strategy, as the property can be purchased individually or as part of a larger investment package that includes additional multifamily opportunities at 111 N Nueces and 502 Cottonwood.
Key Highlights
- Leased duplex in Coleman, Texas, positioned for immediate rental income
- Built in 1960 with a composition roof
- 2 bedrooms (Bedroom 1 and Bedroom 2) and functional unit layouts
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - Leased, renovated duplex in Coleman, offering investors immediate rental income and a functional, income-producing layout.
Where is this duplex located?
The property is located at 516 S Nueces Coleman, TX.
What is the asking price?
The asking price for this property is $119,900.
What are key features of this property?
This property features: Leased duplex in Coleman, Texas, positioned for immediate rental income; Built in 1960 with a composition roof; 2 bedrooms (Bedroom 1 and Bedroom 2) and functional unit layouts
