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$18,000

NAL Estimated Property Value

202 Commerce Street W, Honey Grove, TX, 75446

Off MarketInfo
Baths0 Bath

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size7,501 sqft

Land Information

APN94948
Lot NumberS
Land UseResidential
Legal DescriptionCITY OF HONEY GROVE ADDN, BLOCK 20, LOT S PT 146
Census Tract950100
Assessed Land Value$16,350
Assessment Year2025

About this property

Build your dream home in a great location! This vacant lot offers the perfect setting to bring your vision to life, with utilities already available for added convenience. Whether you’re looking to create a cozy retreat or a spacious family home, this property provides a solid foundation for your plans. Even better, the lot right next door is also available for sale, giving you the rare option to purchase both and expand your space. Together, the two lots open the door to even more possibilities—whether that’s a larger homesite, room for a workshop or guesthouse, or simply extra breathing room. With utilities in place and plenty of potential, these lots are ready and waiting for their next chapter. Don’t miss out on the chance to secure a property where you can truly build your future.

Investor Tools

Property Icon
$18,000
Estimated Property Value
$0Estimated Mortgage Balance
$18,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$300 /month
Positive
Cash Flow Estimate:
$100 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$31/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$281
$16,350
2025
$16,350
N/A
$16,350
No

Tax History

Year
Tax Paid
Assessed Value
2024
$281
$16,350

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$18,000
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.

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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: Honey Grove

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202 Commerce Street W | Property Details | No Agent List