208 N Neches St, Coleman, TX 76834

This property includes two full sets of utilities (water, sewer, power, gas, and cable/internet) that are ready to be reconnected. It has two driveway entrances, one on Cottonwood and one on Neches, with a long curved driveway connecting them. It also has 3 addresses, according to Google Maps, 208 N Neches St., 403 Cottonwood St., and 420 Cottonwood St. it’s listed as two separate parcels with the county tax office: ID's R17402, R17403. The area is zoned as commercial, but adjacent properties are residential. If the house is renovated, it will remain residential. If it is demolished, it can be replaced with a commercial structure with only a building permit. If it is replaced by a new house (or houses), a conditional use permit will be required in addition to building permits. The Good: This property is loaded with potential. It could easily be divided into two large or three somewhat smaller parcels, with either residential or commercial structures built on them. Although all three structures (house, barn, and beauty shop) will need to be taken down, they are loaded with vintage materials that will sell quickly. The Texas Department of Transportation is considering widening N Neches St, also known as State Highway 206, and would like to have 420 Cottonwood St. demolished because it’s in their way. The city would also like to have it demolished because it creates a blind corner for the Fire Department and Police Department, which are both only 3 blocks to the east on Cottonwood St. A wise buyer may be able to negotiate compensation for tearing it down and the loss of square footage of the lot. The Bad: None of the three structures are habitable or usable in their present condition. Major renovations would be required, and I honestly feel that it would be better to demolish and rebuild. The three city blocks to the east and southeast have been cleared and are in the beginning phases of redevelopment. They are zoned as commercial, but can be developed as residential under conditional use permits.