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4 Beds
3 Baths
2,300 sqft

$215,000

1208 North Wheeler, Colmesneil TX, 75938

Price per sqft$93.48
Built in1972
Property size2,300 sqft
Property typeMulti-family

Overview

Active

Listed Jun 24, 2026

Updated 2 weeks ago

INVESTOR SPECIAL! Renters already in place! This 4-bedroom, 2 1/2 bath home sits on over 3 acres in Colmesneil and offers tremendous income-producing potential. While the property could benefit from some cosmetic updates and improvements, the main home is absolutely livable and provides a solid foundation for your investment plans. The property also features a mother-in-law suite located off the back of the home, complete with its own full bathroom and small kitchen area, making it ideal for extended family, guests, or additional rental income. In addition, two separate homes on the property are currently tenant-occupied, providing immediate cash flow from day one. With over 3 acres and convenient access right off Highway 69, there is plenty of room for future expansion and the potential to add additional rental units or income-producing improvements. Being sold AS IS. Don't miss this rare opportunity to own a property with multiple income streams and room for growth in Colmesneil!

$1,430/mo

Est. mortgage payment based on a $215,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
70014045

Interior Features

Bedrooms
4
Bathrooms
3
Fireplace
Yes
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
3.07 Acres