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Days184Days on Market
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$399,900

$415,000

1401 Arp Street, Commerce, TX, 75428

On MarketInfo
Price DropInfo
Beds5 Beds
Baths3 Bath
Baths3,700 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$108.08 / sqft
Year BuiltBuilt in 1900

Property Lead Type:

Absentee OwnerHigh EquityVacant Homes

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms 3Bathrooms 3
Indoor FireplaceIndoor Fireplace
Heating GasHeating Gas
AppliancesDishwasher, Electric Cooktop, Electric Oven, Electric Water Heater, Refrigerator, Vented Exhaust Fan
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesStorage
Lot Size2.00 acres

Building Information

Year Built1900
Stories2
Roof Type105

Land Information

APN4380-0250-0020-31
SubdivisionOrig Town Of Commerce
Land UseResidential
Legal DescriptionS4380 ORIG TOWN OF COMMERCE BLK 25 LOT 2A & 3A ACRES 1.996
Census Tract960600
Assessed Land Value$134,770
Assessed Improvement Value$312,630
Assessment Year2025

About this property

PRICED TO SELL! Don’t miss this rare opportunity to own the first home ever built in Commerce! This beautifully restored 5-bedroom, 3-bath historic home blends timeless character with modern updates throughout. Situated on a .55-acre lot, the property INCLUDES a 1,000 sq ft SHOP, partial wood fencing, and standout curb appeal with a wraparound porch and mature landscaping. The first floor features an oversized primary suite with a large walk-in closet and ensuite bath offering a jetted tub, dual sinks, granite countertops, and separate shower. A conveniently located laundry room sits just off the primary. The kitchen is open to the living room, perfect for entertaining, and showcases granite countertops, an island, pantry, contemporary cabinetry, pot filler, and new stainless-steel appliances. Also on the first floor are a flexible dining or second living area, two additional bedrooms, and another full bathroom. Upstairs, you'll find 2 spacious bedrooms with walk-in closets and a Jack & Jill bathroom. Located Downtown and very close to East Texas A&M University Commerce. Easy access to major highways and larger cities! New Survey has been completed!

Investor Tools

Property Icon
$411,000
Estimated Property Value
$0Estimated Mortgage Balance
$211,372Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,466 /month
Positive
Cash Flow Estimate:
$822 /month

Interested in this property?

Shayla Eadler

Ten Twenty Realty LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$671/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,996
$279,115
2025
$134,770
$312,630
$447,400
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,996
$279,115

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cypress Bank Ssb
Conventional
$215,000
No
First
Aug 30, 2022
Aug 2023

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$199,628
$211,372
51%
49%
$1,290/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: Commerce

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