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$499,200

205 South Wheeler Ave, Colmesneil, TX, 75938

On MarketInfo
Just AddedInfo
Beds12 Beds
Baths6 Bath
Baths8,036 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$62.12 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Move-In Ready

About this property

THE LODGE – PRICED TO SELL! One of the most unique mixed-use properties in East Texas. This fully renovated 8,000 SF landmark sits on 1.95 acres with Hwy 69 frontage and offers 4,000 SF of incredible lodge-style commercial space below plus a separate 4,000 SF residence above. Downstairs features 10 offices, conference rooms, kitchen, authentic wood finishes, antler chandeliers, double-sided fireplace and a towering petrified-wood fireplace. Upstairs offers 3 oversized bedrooms, each with private bath, massive kitchen/living area and veranda. Property also generates approx. $13,000/year from existing fiber and billboard leases, with nearly an acre of asphalt parking offering additional potential. Live upstairs and operate or lease downstairs—or lease both for income. A property like The Lodge simply cannot be recreated anywhere near this price.

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Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,995 /month
Positive
Cash Flow Estimate:
$998 /month

Interested in this property?

Cole Lowery

MRC Land Realty, LLC

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Financing Details

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

Learn About the Market: Opportunity in Texas

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Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Colmesneil

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205 South Wheeler Ave | Property Details | No Agent List