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$134,900

Beds
Unknown
Baths
0.5
sq ft
3,850

301 N Wheeler Rd, Colmesneil, TX 75938

301 N Wheeler Rd

Colmesneil, TX 75938

  • 333 days on market
    • Price drop $5,000↓
Located prominently on a bustling corner lot, this versatile property offers 0.5 acres of prime land with direct highway frontage, perfect for maximum visibility and accessibility. Boasting a substantial 3850 square feet under roof, this unzoned and unrestricted property presents an exceptional opportunity for a range of uses: from a dream restaurant to a dynamic retail space, a savvy investment or rental venture, or even a unique residential conversion. The expansive space is ideal for customizing to fit specific business needs or personal taste, while the corner location ensures a steady flow of potential customers or clients. The highway frontage is a significant asset for businesses requiring high visibility or easy access for customers. Whether you're looking to launch your entrepreneurial dream, invest in a lucrative venture, or create a one-of-a-kind home, this property is a canvas ready for your ambition.

Details

Property type

Single Family Residence

Est. home value

$190,282

Lot size

0.56 acres

Price per sq ft

$36

Year built

1950

Annual property taxes

$1,917

Price History

05/29/2024
Houston

Houston #36160157

Price change
$134,900
-3.57%
03/12/2024
Houston

Houston #36160157

Price change
$139,900
-3.45%
02/05/2024
Houston

Houston #36160157

Price change
$144,900
-3.34%

Schools & Community

Elementary school: 

COLMESNEIL ELEMENTARY SCHOOL

Middle school: 

COLMESNEIL MIDDLE SCHOOL

High school: 

COLMESNEIL HIGH SCHOOL

School district: 

Colmesneil

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Jamie J Graham Etux

Loan start date

April 2017

Original loan amount

$115,000

Est. remaining balance

Not provided

Interest rate

4.15%

Loan type

Commercial, 0 year

Seller

Jimmy Celestine and Susan Celestine

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 11/23/2024 at 5:15 PM

Listing updated: 09/26/2024 at 2:42 PM

Listed by: Ashley Jackson-Whitworth, Martindale Real Estate Investments Phone #: (409) 283-8727

MLS: Houston #36160157

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