About This Home
This 4-bedroom, 3-bathroom residential multi family at 1208 N Wheeler in Colmesneil, TX is listed for $215,000 ($93 per sqft). Built in 1972, the home offers 2,300 sqft of living space on a 3.07 acres lot.
Key Features
- Built in 1972
- 3.07 acre lot
- Fireplace
Property Details
Amenities
INVESTOR SPECIAL! Renters already in place! This 4-bedroom, 2 1/2 bath home sits on over 3 acres in Colmesneil and offers tremendous income-producing potential. While the property could benefit from some cosmetic updates and improvements, the main home is absolutely livable and provides a solid foundation for your investment plans.
The property also features a mother-in-law suite located off the back of the home, complete with its own full bathroom and small kitchen area, making it ideal for extended family, guests, or additional rental income. In addition, two separate homes on the property are currently tenant-occupied, providing immediate cash flow from day one.
With over 3 acres and convenient access right off Highway 69, there is plenty of room for future expansion and the potential to add additional rental units or income-producing improvements. Being sold AS IS. Don't miss this rare opportunity to own a property with multiple income streams and room for growth in Colmesneil!
Monthly Cost Estimate
$1,150/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1208 N Wheeler
Colmesneil, TX 75938
Tyler County
Features & Amenities
Interior Features
Exterior Features
Property Details
Flooring
Heating
Cooling
Questions & Answers
This 4-bedroom, 3-bathroom residential multi family at 1208 N Wheeler is listed at $215,000 ($93/sqft). The estimated monthly payment is $1,150 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1972, 3.07 acre lot, Fireplace. Interior Features: Ceiling Fan(s), Dryer Connection-Electric, Split Bedrooms. Exterior Features: Fire Pit, Multiple Houses.
This property is listed by Lindsey Courtney and can be reached at 9366359288.