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Harrison Lilly

| Harrison Lilly Realty Dallas | Harrison Lilly Realty | PLACE

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1401 Highway 84 Bypass , Coleman, TX 76834
$199,900
Est. Payment: $1,029.17/mo
0 Bed
0 Bath
4218 Sqft
Status: active | Days on site: 187
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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House Description

Prime Commercial Opportunity in Coleman, TX! Positioned just off Highway 84 on the north side of town, this 4,218± sq ft brick building offers outstanding visibility and access in a high-traffic corridor. Formerly operated as a restaurant, the property has been reconfigured into three separate apartment-style units, creating flexible possibilities for investors or business owners seeking a live-work or income-producing setup. Unit A features a kitchen, living area, one bedroom, and full bath. Unit B includes three bedrooms, one bath, kitchen, dining area, and a spacious living room. Unit C offers an open-concept layout with large combined kitchen-living-dining space, three bedrooms, and one bath. Interior finishes include laminate or tile flooring, high ceilings, ceiling fans, and existing gas fixtures for potential heating installation. Cooling is provided by a combination of multi-split and window units. An older central HVAC system remains but is not operational. No laundry facilities are currently installed. The original commercial kitchen area remains in the southeast corner; all former restaurant equipment has been removed, allowing for redevelopment or customization. Constructed with a brick exterior on a slab foundation and composition roof. Located adjacent to a motel and apartment complex, this site benefits from steady traffic circling the Highway 84 bypass—an excellent candidate for a new restaurant, service business, office conversion, or redevelopment project. Seller is unaware of current apartment compliance with city codes; buyer to perform all due diligence and verify allowable uses. With strong local demand for housing and business services, this unique property presents multiple potential paths for utilization.

Highlights

Listed by Sujo McKee , Sujo McKee Real Estate , North Texas Real Estate Information Systems

Property Type

Commercial Sale

Lot/Acreage
0.87

Year Built

9999

County

Coleman

Neighborhood

A0016 M Benetes Sur 670

Listing ID

21184093

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Air Cond:Ceiling Fan(s),Electric,Multi Units,Wall Unit(s)
Fireplaces:
Floor:Laminate,Tile

Exterior Features

Lot:Cleared,Interior Lot,.5 to < 1 Acre
Zoning:Commercial Light
Roof:Composition
Others:
  • Additional:Preowned
Parking Features:Asphalt,Circular Driveway,Open,Parking Lot
Principal Interest
$1,029
Taxes
$285

Home Price

$199,900

Loan Details

30 yrs
6.674%

Down Payment

20%
$39,980
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,029.17

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,029.17 $285.00 $0.00 $1,314.17
Yearly $12,350.06 $3,420.00 $0.00 $15,770.06
Total $370,501.92 $102,600.00 $0.00 $473,101.92

Today's Rates

30 Year

6.67%

20 Year

6.37%

15 Year

5.93%

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Market insight data is pulled from the same city as the listing being viewed (Coleman, TX).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by North Texas Real Estate Information Systems Multiple Listing Service, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-08-24T21:21:41.390Z

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