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    207 Elder St Colmesneil, TX 75938
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    207 Elder St, Colmesneil, TX 75938

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    • Specialty properties
    • 1,684 SF
    • 2.00 lot acres
    Off-Market

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    Cap Rate Potential
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    Current Use by Public Records

    • Specialty properties

    Property Details for 207 Elder St

    Year built
    1907
    Lot size
    2.00 lot acres
    Property type
    Specialty properties
    Property subtype
    Mobile home & RV parks

    Description

    This exceptional mixed-use property in Colmesneil, Texas, presents a unique investment opportunity. The offering includes a charming, single-story Victorian-style home situated on two acres, boasting wood laminate and ceramic tile floors, high ceilings, and a desirable floor plan. The home features front and back covered porches, a storage building, an attached garage, and a detached carport. Its versatile layout offers potential uses as a tea room, coffee house, music venue, antique shop, or even to house a property manager, tenant lounge, and office. Furthermore, the property includes 14 established RV spots equipped with 30/50 amp hookups and gravel driveways, ready to generate income. A large oak tree in the backyard provides a picturesque setting, suitable for photoshoots or small events. The property's location offers convenient access to various amenities, including retail stores, gas stations, restaurants, churches, schools, and a community center. Nearby attractions such as Lake Sam Rayburn, Lake Steinhagen, the Neches River, Angelina National Forest, museums, Heritage Village, and a rodeo arena enhance the property's appeal. Its proximity to Livingston, Lufkin, Jasper, Beaumont, and the Naskila Casino further adds to its strategic location. The property is listed at $395,000, with a building size of 1,684 square feet, and was built in 1907. The property's APN is R262848. The property is currently vacant and available for occupancy on November 30, 2023. This is a net lease investment opportunity with significant earning potential.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

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    • Local Demand
    City
    Colmesneil
    County
    Tyler
    State
    Texas
    Longitude
    -94.4247
    Latitude
    30.9078
    More about this property
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