INVESTOR SPECIAL! 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!
For sale
$225,000
1208 N Wheeler Rd, Colmesneil, TX 75938
4beds
2,300sqft
Multi Family
Built in 1972
-- sqft lot
$-- Zestimate®
$98/sqft
$-- HOA
What's special
- 11 days |
- 166 |
- 19 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Lindsey Courtney,
Ramblin' Ranches* Yeary Real Estate LLC
Source: Deep East Texas,MLS#: 70014045
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Rooms
- Room types: Dining Room, Living Room, Utility Room
Heating
- Electric, Window Unit(s)
Cooling
- Central Air, Window Unit(s)
Appliances
- Included: Dishwasher, Electric Range, Microwave
- Laundry: Electric Dryer Hookup
Features
- Ceiling Fan(s), Split Bedrooms
- Flooring: Carpet, Tile
- Has fireplace: Yes
- Fireplace features: Wood Burning
Interior area
- Total structure area: 2,300
- Total interior livable area: 2,300 sqft
Property
Parking
- Parking features: Carport
- Has carport: Yes
Features
- Stories: 2
- Patio & porch: Covered, Patio, Porch
- Exterior features: Fire Pit
- Pool features: None
- Fencing: None
- Waterfront features: None
Lot
- Size: 3.07 Acres
Details
- Additional structures: Shed(s), Multiple Houses
- Parcel number: R026029
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: A-Frame,Traditional
- Property subtype: Multi Family
Materials
- Brick
- Foundation: Slab
- Roof: Composition
Condition
- Year built: 1972
Utilities & green energy
- Electric: Other
- Gas: Natural
- Sewer: Community
- Water: Community
Green energy
- Energy efficient items: None
Community & HOA
Community
- Subdivision: Tyler County
Location
- Region: Colmesneil
Financial & listing details
- Price per square foot: $98/sqft
- Tax assessed value: $249,754
- Annual tax amount: $4,537
- Date on market: 6/24/2026
- Inclusions: None
- Exclusions: None.
- Road surface type: Dirt, Gravel
Estimated market value
Not available
Estimated sales range
Not available
$1,602/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/24/2026 | Listed for sale | $225,000$98/sqft |
Source:  Deep East Texas #70014045 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,537 +1.4% | $249,754 -1.3% |
| 2024 | $4,473 -1.9% | $253,074 -3.9% |
| 2023 | $4,558 +9.3% | $263,457 +21.5% |
| 2022 | $4,169 +10.8% | $216,925 +17.6% |
| 2021 | $3,761 | $184,521 -2.2% |
| 2020 | -- | $188,717 -14.2% |
| 2019 | -- | $219,970 +46.6% |
| 2018 | -- | $150,056 -3.8% |
| 2017 | -- | $156,010 -1.4% |
| 2016 | -- | $158,235 +10.9% |
| 2015 | -- | $142,680 |
| 2014 | -- | $142,680 |
| 2012 | -- | $142,680 |
| 2011 | -- | $142,680 |
| 2010 | -- | $142,680 -7.1% |
| 2009 | -- | $153,636 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 75938
Nearby schools
GreatSchools rating
- 4/10Colmesneil Elementary SchoolGrades: PK-6Distance: 0.8 mi
- 5/10Colmesneil High SchoolGrades: 7-12Distance: 0.8 mi
Schools provided by the listing agent
- District: Colmesneil
Source: Deep East Texas. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Texas
- Tyler County
- Colmesneil
- 75938
- 1208 N Wheeler Rd
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