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$144,000

1103 Commerce Street W, Honey Grove, TX, 75446

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths990 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$146.46 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
AppliancesElectric Cooktop, Gas Oven, Gas Water Heater, Refrigerator
FlooringLaminate

Exterior

Lot Size13,761 sqft

Building Information

Year Built1955

Land Information

APN95368
Lot Number6
Land UseResidential
Legal DescriptionCLAYTON-WEST ADDN, BLOCK 1, LOT 6, ACRES .3159
Census Tract950100
Assessed Land Value$25,460
Assessed Improvement Value$96,370
Assessment Year2025

About this property

Check out this 2 bedroom, 2 bath home on a .3+ acre lot in the heart of Honey Grove, TX. The large, fenced backyard offers plenty of room for pets, gardening, or entertaining. Enjoy the convenience of both an attached and detached carport, providing covered parking and extra storage. The home comes complete with a washer, dryer, and refrigerator, making it move in ready. A natural gas oven and water heater add to its efficiency. Great location located less than a mile from downtown Honey Grove, you’ll be close to dining, shopping, and community events. Along with easy access to HWY 82 and 34, so you can quickly get to the new Bois d'Arc Lake or the up-and-coming Ralph Hall Lake! A wonderful blend of comfort and convenience!

Investor Tools

Property Icon
$144,000
Estimated Property Value
$0Estimated Mortgage Balance
$21,335Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$870 /month
Positive
Cash Flow Estimate:
$290 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$255/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,345
$121,830
2025
$25,460
$96,370
$121,830
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,345
$121,830

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Click N Close Inc
Conventional
$128,282
No
First
Dec 21, 2023
Jan 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$122,665
$21,335
14%
85%
$770/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Honey Grove

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1103 Commerce Street W | Property Details | No Agent List