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$114,410

NAL Estimated Property Value

1506 Park St, Commerce, TX, 75428

$115,025 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,622 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$67.82 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash BuyersVacant Homes

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Water Heater, None

Exterior

Exterior FeaturesRain Gutters, Private Yard, Storage
Lot Size18,130 sqft

Building Information

Year Built1960
Stories1
Roof Type105
Garage Spaces2

Land Information

APN4380-0190-0100-31
Lot Number10
SubdivisionOrig Town Of Commerce
Land UseResidential
Legal DescriptionS4380 ORIG TOWN OF COMMERCE BLK 19 LOT 10 ACRES .4162
Census Tract960600
Assessed Land Value$46,960
Assessed Improvement Value$67,450
Assessment Year2025

About this property

SELLER is Offering $5,000 in concessions!! Use for new floors, Paint etc. Investment Property or update it yourself. Located in the main part of the original downtown area, parks, shopping and eating nearby. Near Texas A&M-Commerce, great school district for the kids. This home has 3 bedrooms, 2 baths, 2 living areas one has beautiful Knotted Pine Walls could be used as 4th bedroom or office. Kitchen has its own eating space with bar. Lots of room to entertain family and friends. Newer HVAC system for cooling with an Attic fan in hallway. Step outside to the oversized lot with big trees and a large fenced backyard. 2 car sized shop or garage sits behind with a carport for more than enough covered parking. Whether you're looking to craft your ideal home or invest for income the possibilities are here. Don't miss this chance to secure a home in and excellent location with no HOA! Property is being offered AS-IS, bring your vision to life. Schedule a tour today and start your own vision.

Investor Tools

Property Icon
$114,410
Estimated Property Value
$0Estimated Mortgage Balance
$114,410Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$115,025
Rent-to-Value Ratio: 0.72%
Rent Estimate
$686 /month
Positive
Cash Flow Estimate:
$229 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$296/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,975
$114,410
2025
$46,960
$67,450
$114,410
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,975
$114,410

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$114,410
100%
0%
$0/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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1506 Park St | Property Details | No Agent List