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Days28Days on Market
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$250,000

2001 Solomon Dr, Commerce, TX, 75428

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,337 Sq Ft
price_per_sqft$186.99 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Gas Cooktop, Gas Oven, Refrigerator

Exterior

Exterior FeaturesPrivate Yard
Lot Size13,813 sqft

Building Information

Year Built2000
Stories1
Roof Type105
Garage Spaces1

Land Information

APN2866-0090-0090-31
Lot Number9
SubdivisionEnlow Place Addition
Land UseResidential
Legal DescriptionS2866 ENLOW PLACE ADDITION BLK 9 LOT 9 ACRES .3171
Census Tract960500
Assessed Land Value$41,160
Assessed Improvement Value$160,280
Assessment Year2025

About this property

Welcome to 2001 Solomon Drive, Commerce, TX! This home is in a great location just minutes from East Texas A&M University, local shopping, and everyday conveniences. Grab dinner at favorites like Luigi's Italian Cafe, Lone Star Eatery, Maria's Kitchen, or Tokyo Express, and enjoy nearby attractions like City Park, the Northeast Texas Children's Museum, and the university's Planetarium. Whether you're looking for a place to call home or a solid investment, this property offers the convenience of being close to everything Commerce has to offer.

Investor Tools

$0Estimated Mortgage Balance
$226,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,500 /month
Positive
Cash Flow Estimate:
$500 /month

Interested in this property?

Caden Phillips

Phillips Realty Group & Assoc

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$547/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,439
$201,440
2025
$41,160
$160,280
$201,440
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2024
$5,439
$201,440

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$226,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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2001 Solomon Dr | Property Details | No Agent List