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$164,930

NAL Estimated Property Value

1515 S Commercial Avenue, Coleman, TX, 76834

$179,321 ARVInfo
Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,416 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$65.81 / sqft

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Electric Range, Gas Water Heater, Refrigerator
FlooringCarpet, Vinyl

Exterior

Exterior FeaturesPrivate Yard, Storage
Lot Size15,738 sqft

Building Information

Year Built1940

Land Information

APN16433
Land UseResidential
Legal DescriptionCLOW 2 ADDN TOWN COLEMAN, BLOCK 26, LOT S/2 SW4 & 57X125
Census Tract950300
Assessed Land Value$14,480
Assessed Improvement Value$168,780
Assessment Year2025

About this property

LARGE AND SPACIOUS HOME READY TO MOVE-IN ON COMMERCIAL AVE IN COLEMAN! ALMOST 2500 SQ FT OF LIVING SPACE FEATURES A LIVING ROOM, DINING AREA, KITCHEN, THREE BEDROOMS DOWNSTAIRS, ONE BEDROOM AND BONUS ROOM UPSTAIRS, TWO FULL BATHROOMS WITH UTILITY ROOM OFF THE KITCHEN! ONE BATHROOM IS LOCATED IN THE BACK BEDROOM WITH THE OTHER BATHROOM IN BETWEEN THE FRONT TWO BEDROOMS. HIGH CEILINGS! LOTS OF WINDOWS FOR NATURAL LIGHT! NEW HVAC SYSTEM, VINYL FLOORING IN KITCHEN AND BATHROOMS! GRANITE COUNTERS IN KITCHEN AND HALL BATHROOM! APPLIANCES INCLUDE REFRIGERATOR, ELECTRIC OVEN AND DISHWASHER! LARGEST AND MIDDLE BEDROOM FEATURES TWO WALK-IN CEDAR CLOSETS! TONS OF STORAGE! DETACHED 3-CAR CARPORT! NICE-SIZED FENCED BACK YARD! HUGE OPEN FRONT PORCH AND COVERED BACK PORCH! CONVENIENTLY LOCATED ON THE CORNER OF E. 9TH ST AND COMMERCIAL AVE. LOCATED 3 HOURS FROM MOST METROPLEXES, COLEMAN IS A WONDERFUL, CENTRALLY LOCATED SMALL TOWN TO CALL HOME! SELLER WILL CONSIDER OWNER FINANCING FOR BUYER!

Investor Tools

Property Icon
$164,930
Estimated Property Value
$54,415Estimated Mortgage Balance
$110,515Estimated Equity
67% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$179,320
Rent-to-Value Ratio: 0.72%
Rent Estimate
$990 /month
Positive
Cash Flow Estimate:
$330 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$317/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,976
$164,930
2025
$14,480
$168,780
$183,260
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2025
$2,976
$164,930

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Charles Koonce
Unknown
$85,000
No
First
Mar 29, 2011
Apr 2016

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$54,415
$110,515
67%
33%
$510/mo

City: Coleman

1515 S Commercial Avenue | Property Details | No Agent List