




$489,900
704 E Elder Street, Colmesneil, TX, 75938
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About this property
26.3 Acres of East Texas Paradise in the rolling hills of Colmesneil! This property offers a rare opportunity to create your dream homestead, family compound, or weekend retreat. The scenic acreage features a beautiful pond, towering oak trees, and a peaceful hilltop setting. The property includes a 3-bedroom, 2-bath main home with original hardwood floors, a spacious 1-bedroom, 1-bath guest house, and an impressive metal workshop with a large canopy, ideal for equipment, RV storage, or hobbies. Adding to the property’s unique charm, the fireplace mantel is carved with the Scottish proverb, “East West Hame’s Best,” meaning “There’s no place like home.” While the homes need restoration and updating, the setting and existing improvements offer endless possibilities. Whether you envision a private country estate, or investment opportunity, this hidden gem is ready to be transformed into something truly special. Make this diamond in the rough yours today, so much potential awaits!
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Learn About the Market: Opportunity in Texas




Explore
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.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Colmesneil
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