Yes it is very possible. I do it all the time.
Here is one example of a code I use so often I have set it up in notepad to copy and paste. I change the background colors/images and sometimes the width etc.
<CENTER>
<TABLE BORDER=2 CELLSPACING=0 CELLPADDING=5 WIDTH="90%" BGCOLOR="#_choose_color_" BACKGROUND="_choose_image_" BORDERCOLOR="_choose_color_">
<TR><TD>
<BR><BR>
<CENTER><TABLE BORDER=2 CELLSPACING=0 CELLPADDING=5 WIDTH="80%" BGCOLOR="#_choose_color_" BACKGROUND="_choose_image_" BORDERCOLOR="_choose_color_" >
<TR><TD>
<BR><BR>
Start your text here ...
Put whatever you want to have ... images, text, etc.
At the end of your page, finish it off with:
</TD></TR></TABLE></CENTER>
<BR><BR>
</TD></TR></TABLE></CENTER>
Also if I opt to use a bgcolor then I remove the background tag and vice versa.
Personally though I am learning to break away from using tables by using CSS instead which you can find more about in specific relation to table creation here:
Table look without a table
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