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$97,370

NAL Estimated Property Value

1105 Washington Street, Commerce, TX, 75428

Off MarketInfo
CommercialInfo
Baths0 Bath
Baths27,375 Sq Ft
price_per_sqft$1.83 / sqft
Year BuiltBuilt in 1950

Highlights

Interior

Bathrooms 0Bathrooms 0
Garage AvailableGarage Available
FlooringDirt, Wood

Exterior

Lot Size31,407 sqft

Building Information

Year Built1970
Stories1
Roof Type112

Land Information

APN4380-001A-09BR-31
Lot Number9BR
SubdivisionOrig Town Of Commerce
Land UseCommercial
Legal DescriptionS4380 ORIG TOWN OF COMMERCE BLK 1A LOT 9BR ACRES .721 (REPLAT 2023)
Census Tract960500
Assessed Land Value$76,000
Assessed Improvement Value$21,370
Assessment Year2025

About this property

***DISTRESSED PROPERTY*** This property is located in the growing City of Commerce, Texas, home to Texas A&M University - Commerce. It is located in downtown Commerce, 1 block north of the square, with 1.39 acres. It has LOTS OF POTENTIAL, including Storage Rentals, Flea Market, Antique Shops, Farmer's Market, etc... Property was once a Lumber Yard and then converted into RV and Boat Storage Units. It has not been operational since approximately 2010. The Railroad runs parallel to the property. THE BUILDINGS OR STRUCTURES MUST BE TORN DOWN AND REMOVED AS THEY NO LONGER MEET CODE. THE RECLAIMED WOOD CAN BE SOLD FOR A NICE PROFIT. SINCE THIS WAS ONCE A LUMBER YARD, CEDAR AND TREATED WOOD WAS USED. PLEASE NOTE THIS PROPERTY IS BEING SOLD AS IS. IT IS PRICED BELOW MARKET . The potential exists to build your own business and dream. Photos shown were taken several years ago, but are representative of the structures.

Investor Tools

Property Icon
$97,370
Estimated Property Value
$177,050Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$584 /month
Positive
Cash Flow Estimate:
$195 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$250/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,510
$97,370
2025
$76,000
$21,370
$97,370
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2024
$2,510
$97,370

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bill Alan
Purchase Money Mortgage
$190,000
No
First
Sep 13, 2022
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$177,050
N/A
0%
182%
$1,140/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.

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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: Commerce

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1105 Washington Street | Property Details | No Agent List