2304 Hwy Coahoma, TX 79511
This unique 3.78-acre property in Coahoma, Texas (79511), offers a compelling investment opportunity. The main structure is a 2,655 square foot retail space, built in 1945, featuring a single story and less than 20-foot ceilings. The property also includes a charming 3-bedroom, 2-bathroom country home with an updated kitchen and hardwood floors throughout. Outdoor amenities include a large backyard, an underground storm shelter, a greenhouse, and a storage shed. Two substantial shops enhance the property's versatility. A smaller 40x60 shop boasts a drive-on lift, two posts, and its own air conditioning unit. The larger 120x40 shop features two 12-foot roll-up doors and a chain hoist. Adding to the income potential is a 1-bedroom, 1-bathroom efficiency apartment located on the property. The construction is a mix of concrete, metal siding, and frame, supported by pillar/post/pier foundations. This one-of-a-kind property presents a rare blend of commercial and residential uses, situated on a sizable lot in Howard County, Texas. Asking price is $610,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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