Paragon Realtors Real Estate

501 W 12th StreetColeman, TX 76834Price: $42,000

  • Price: $42,000
  • Est. Mortgage of $/month
  • 1 Day on Market
$
$
%
$/month over payments
Federal 30-year interest rate: 6.49% last updated on Jul 9, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $42,000List Price
  • 3Bedrooms
  • 2Bathrooms
  • 0.36Acreage
  • 1,722Square Feet

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Listed by Sujo McKee of Sujo McKee Real Estate (325-625-5600)
Bring your vision and creativity to this spacious property situated on an oversized corner lot of more than one-third acre. Offering abundant square footage and multiple additions completed over the years, this home provides a unique opportunity for renovation, restoration, or investment. Inside, you'll find several bedrooms, two bathrooms, and a flexible floor plan with plenty of room to reimagine the space. The primary suite features a walk-in closet and an en-suite bathroom with a garden tub, vanity, and plumbing in place for a separate shower. One of the home's most distinctive features is a hidden room, adding character and endless possibilities for a private office, hobby space, or extra storage. A new electrical breaker box has been installed in the primary bedroom closet. Please note that the central HVAC system is currently inoperable, the kitchen appliances are not operational, and city utilities are not connected. The home will require significant repairs, including a new roof, replacement of the older breaker box located on the front porch, completion of unfinished rooms, and HVAC repairs. The property also includes an impressive collection of outbuildings and improvements. A detached two-car carport, covered RV parking, a detached garage or workshop with electricity and a concrete floor, and a separate one-bedroom guest house complete with a bathroom and kitchen offer tremendous potential for future use. Towering mature trees provide shade throughout the property, while a partial chain-link fence encloses a portion of the yard. Whether you're searching for your next renovation project or an investment with exceptional potential, this property offers space, versatility, and numerous possibilities for the right buyer. Property is being sold As Is.

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Property Details of 501 W 12th Street

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Based on information submitted to North Texas Real Estate Information Services as of July 16, 2026 9:13 PM UTC. All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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