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$229,000

2007 Solomon Dr, Commerce, TX, 75428

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,221 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$196.56 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Half 2Bathrooms Half 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Electric Water Heater, Refrigerator
FlooringLaminate, Vinyl

Exterior

Lot Size12,306 sqft

Building Information

Year Built2000
Stories1
Roof Type105
Garage Spaces1

Land Information

APN2866-0090-0120-31
Lot Number12
SubdivisionEnlow Place Addition
Land UseResidential
Legal DescriptionS2866 ENLOW PLACE ADDITION BLK 9 LOT 12 ACRES .2825
Census Tract960500
Assessed Land Value$38,020
Assessed Improvement Value$150,110
Assessment Year2025

About this property

Charming 3-Bedroom Home Near East Texas A&M – Perfect Starter or Investment Opportunity! Welcome to this well-maintained 3-bedroom, 2-bath home, ideally located just minutes from East Texas A&M University. Whether you're looking for a great starter home or a solid investment property, this residence checks all the boxes. Inside, you’ll find a bright and functional kitchen featuring granite countertops, an electric range, dishwasher, and refrigerator—perfect for home cooking and entertaining. The master suite offers comfort and convenience with his and her closets and a private bath. Step outside to enjoy a huge fenced backyard—ideal for pets, play, or outdoor gatherings. Additional highlights include a one-car garage, spacious living area, and proximity to both elementary and middle schools, making this a smart choice for families. Don’t miss this affordable opportunity in a growing area—schedule your private showing today!

Investor Tools

Property Icon
$229,000
Estimated Property Value
$92,250Estimated Mortgage Balance
$149,610Estimated Equity
60% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,440 /month
Positive
Cash Flow Estimate:
$480 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$518/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,070
$188,130
2025
$38,020
$150,110
$188,130
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,070
$188,130

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nbkc Bank
Conventional
$92,250
No
First
May 30, 2019
Jun 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$79,390
$149,610
65%
35%
$554/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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2007 Solomon Dr | Property Details | No Agent List