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$87,000

605 W Walnut Street, Coleman, TX, 76834

On MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,096 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$79.38 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Must-SellHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
AppliancesDryer, Gas Oven, Gas Water Heater, Microwave, Refrigerator, Washer
FlooringLinoleum, Vinyl, Wood

Exterior

Exterior FeaturesRain Gutters, Storage
Lot Size16,501 sqft

Building Information

Year Built1950
Garage Spaces1

Land Information

APN16788
Lot Number2,3
Land UseResidential
Legal DescriptionGRAY ADDN TOWN COLEMAN, BLOCK 20, LOT 2,3
Census Tract950300
Assessed Land Value$15,180
Assessed Improvement Value$66,070
Assessment Year2025

About this property

Charming 2-bedroom, 1-bathroom home on a spacious 0.3788 acre lot in Coleman. The living room features wood floors and abundant natural light from multiple windows. The kitchen includes a stand-alone gas oven, wood cabinetry, tile backsplash, recent paint, and refrigerator that conveys with the home. Nice-sized bedrooms with wood flooring offer comfort and privacy. The bathroom includes a tub-shower combo, updated vinyl flooring in 2024, vanity with sink, and a full-size washer and dryer area—appliances included. The home has a metal roof and a newly roofed covered front porch with metal decking. Accessibility ramps lead to both front and side entrances. Outside, you'll find a detached one-car carport and garage with electricity, as well as a wood-frame shed for extra storage. The large backyard includes tall trees and a vacant lot to the east for added space or potential development. The lot has separate utilities so building a workshop or second residence might be possible! This well-maintained property offers both comfort and opportunity in a fantastic location! Just a few blocks from the bustling downtown Coleman area, this property could also be used for a prime AirBNB house!

Investor Tools

$0Estimated Mortgage Balance
$86,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$522 /month
Positive
Cash Flow Estimate:
$174 /month

Interested in this property?

Sujo McKee

Sujo McKee Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$70/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$411
$41,120
2025
$15,180
$66,070
$81,250
No

Tax History

Year
Tax Paid
Assessed Value
2025
$411
$41,120

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$86,000
100%
0%
$0/mo

City: Coleman

605 W Walnut Street | Property Details | No Agent List