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Property profile & analytics
OFF-MARKET
Specialty properties

207 Elder St Colmesneil, TX 75938

1,684 SF 2 ac lot Built 1907
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Specialty properties
Year built 1907
Total area 1,684 SF
Lot 2 ac (87,120 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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