Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
—
Last 24 HoursLast 24 Hours
ARV Flip List
ARV Flip List
  • Properties with flip potential and high ARV margins
Pre-Foreclosure List
Pre-Foreclosure List
  • Homes with notice of default or impending auction
Auction List
Auction List
  • Real estate scheduled for county or online auction
Deals List
Deals List
  • Discounted properties priced below market value
Must Sell List
Must Sell List
  • Highly motivated sellers looking for fast closings
Off-Market List
Off-Market List
  • Exclusive off-market opportunities not found on MLS

$390,760

NAL Estimated Property Value

1401 Highway 84 Bypass, Coleman, TX, 76834

Off MarketInfo
CommercialInfo
Beds— Beds
Baths— Bath
Baths82,524 Sq Ft
BusinessBusiness

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —
FlooringLaminate, Tile

Exterior

Lot Size1.93 acres

Building Information

Year Built1998

Land Information

APN10161
Land UseResidential
Legal DescriptionA0016 M BENETES SUR 670, ACRES 1.93, 1403 HWY 84 B YPASS
Census Tract950300
Assessed Land Value$42,880
Assessed Improvement Value$347,880
Assessment Year2025

About this property

EXCELLENT LOCATION OFF HIGHWAY 84 ON NORTH SIDE OF COLEMAN TO OPEN A BUSINESS OR APARTMENT UNITS! 4218 SQ FT OF SPACE UNDER ONE ROOF ZONED COMMERCIAL LIGHT! FORMERLY A RESTAURANT, THIS BUILDING HAS BEEN CONVERTED INTO 3 INDIVIDUAL APARTMENT UNITS. OLD KITCHEN AREA IS LOCATED IN THE SOUTHEAST CORNER OF THE BUILDING. EXTERIOR OF THE BUILDING IS BRICK ON A FOUNDATION SLAB WITH COMPOSITION ROOF! UNIT A IS THE SMALLEST UNIT WITH KITCHEN, LIVING AREA, FULL BATHROOM AND ONE BEDROOM. UNIT B HAS 3 BEDROOMS, 1 BATHROOM, KITCHEN, DINING AREA AND LARGE LIVING AREA. UNIT C HAS OPEN FLOOR PLAN WITH LARGE ROOM FOR KITCHEN, LIVING AND DINING AREAS, 3 BEDROOMS AND 1 BATHROOM. ALL UNITS HAVE LAMINATE OR TILE FLOORING, HIGH CEILINGS, CEILING FANS AND GAS FIXTURES TO ADD A HEAT SOURCE. SOME UNITS HAVE MULTISPLITS OR WINDOW UNITS FOR COOLING. OLD HVAC SYSTEM IN THE BUILDING BUT IT IS NOT IN WORKING CONDITION. NO LAUNDRY FACILITIES. KITCHEN AREA IS IN THE SOUTHEAST CORNER OF THE BUILDING. ALL APPLIANCES IN COMMERCIAL KITCHEN HAVE BEEN REMOVED. LOCATION IS KEY TO THIS UNIQUE PROPERTY! LOCATED ON THE HIGHWAY 84 BYPASS, HEAVY TRAFFIC AREA AS PEOPLE DRIVE AROUND COLEMAN. EXCELLENT LOCATION FOR A NEW BUSINESS OR RESTAURANT AS IT IS LOCATED RIGHT NEXT TO A MOTEL AND APARTMENT COMPLEX. SELLER IS UNAWARE IF APARTMENT UNITS MEET CITY CODES SO DUE DILIGENCE NEEDS TO BE DONE. HOWEVER, THE NEED FOR RESIDENTIAL LIVING IS A GREAT ONE IN THE CITY OF COLEMAN SO UTILIIZATION AS APARTMENT RENTALS COULD BE AN OPPORTUNITY AS WELL, PER VERIFICATION WITH CITY.

Investor Tools

Property Icon
$390,760
Estimated Property Value
$0Estimated Mortgage Balance
$390,760Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,345 /month
Positive
Cash Flow Estimate:
$782 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$897/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,812
$390,760
2025
$42,880
$347,880
$390,760
No

Tax History

Year
Tax Paid
Assessed Value
2025
$8,812
$390,760

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$390,760
100%
0%
$0/mo

City: Coleman

1401 Highway 84 Bypass | Property Details | No Agent List