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$186,980

NAL Estimated Property Value

1204 Craddock St, Commerce, TX, 75428

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,210 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$123.96 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerVacant Homes

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
AppliancesDishwasher, Electric Range
FlooringVinyl

Exterior

Private PoolPrivate Pool
Lot Size5,998 sqft

Building Information

Year Built2021
Stories1
Garage Spaces1

Land Information

APN5090-0030-0040-31
Lot Number4
SubdivisionSunrise Addition
Land UseResidential
Legal DescriptionS5090 SUNRISE ADDITION BLK 3 LOT 4 (S18' OF 4 & ALL OF 5 & N17' OF 6) ACRES .1377
Census Tract960500
Assessed Land Value$17,880
Assessed Improvement Value$169,100
Assessment Year2025

About this property

Discover an incredible opportunity to own a modern home priced below market value and sold as-is. Built just five years ago, this property offers strong bones and contemporary design, making it a great option for investors or buyers looking to add their personal touch. Situated on a spacious lot, the home features a two-car carport and an extended driveway with ample parking. Inside, you’ll find an open layout with granite countertops throughout, providing a solid foundation for updates or customization. The primary suite includes an en-suite bathroom and a generously sized walk-in bath closet, offering convenience and potential for enhancement. With its newer construction and desirable features, this property presents a rare chance to secure value and build equity.

Investor Tools

Property Icon
$186,980
Estimated Property Value
$142,499Estimated Mortgage Balance
$44,740Estimated Equity
23% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,122 /month
Positive
Cash Flow Estimate:
$374 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$511/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,192
$186,980
2025
$17,880
$169,100
$186,980
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,192
$186,980

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Firstbank Southwest
Open End Mortgage / Open End With Future Advance Clause
$153,750
No
First
Aug 26, 2022
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$142,499
$44,481
23%
76%
$922/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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1204 Craddock St | Property Details | No Agent List