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Property profile & analytics
OFF-MARKET
Commercial real estate

504-A 5Th St Coleman, TX 76834

672 SF 0.16 ac lot
Property ID
Property summary
AI-generated overview

This unique Coleman, TX investment opportunity boasts a 10% capitalization rate, making it an ideal addition to any portfolio. The property, located at 504-A 5th Avenue Street, comprises two charming suites, each meticulously designed with Texas rustic flair. The Wrangler suite features a king-sized gel top mattress, while the Longhorn suite offers two queen-sized beds. Both suites share a common aesthetic, incorporating tin ceilings salvaged from an old milk barn, custom-made furniture by a local artist, and local Western art. Each suite includes modern amenities such as a kitchenette equipped with a mini-refrigerator/freezer, microwave, and full-size coffee maker. Guests enjoy the convenience of Wi-Fi, Direct TV on a 45-inch screen, and individual mini-split heating and air conditioning systems. Privacy is ensured by a triple-insulated, soundproofed central wall separating the suites. Situated just six blocks from downtown Coleman, the property offers easy access to local attractions and amenities. Recent upgrades include a new metal roof (July 2024) and metal siding (August 2024). The 672 square foot property sits on a 0.16-acre lot and is priced at $120,000. This turnkey Airbnb is ready for immediate income generation, presenting a compelling opportunity for savvy investors. Start your new business adventure today!

Property profile
Verified
Property type Commercial real estate
Total area 672 SF
Lot 0.16 ac (6,970 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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