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$253,000

NAL Estimated Property Value

229 Maple St, Commerce, TX, 75428

Off MarketInfo
Beds2 Beds
Baths0 Bath
Baths1,462 Sq Ft
price_per_sqft$171 / sqft
Year BuiltBuilt in 1977

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 0Bathrooms 0
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Cooktop, Double Oven
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesStorage
Lot Size3.20 acres

Building Information

Year Built1977
Stories1
Roof Type105
Garage Spaces5

Land Information

APN4095-0000-002R-31
Lot Number2R
SubdivisionMosheri Estates
Land UseReal Land/Res Single Family Subdivisions
Legal DescriptionS4095 MOSHERI ESTATES LOT 2R ACRES 3.2 (REPLAT)
Census Tract960500
Assessed Land Value$117,120
Assessed Improvement Value$114,880
Assessment Year2025

About this property

The shop is a unfinished barndominium. PROPERTY IS BEING MARKETED 3 WAYS. This listing is a little over 3 acres and the converted shop. MLS 20042157 a little over 3 acres and the house, 3 carports, and shed or MLS 14754058 for the entire 6 acres house and converted shop and all. Property will be surveyed and divided before closing if divided. May need extended closing time to get survey work complete. Come and stretch your legs with the conveniences of the city. 3 acres and a 60X24 metal shop that is in the process of being converted into living space. Electrical wiring has been run throughout but now hooked up meter box and panel there waiting to be hooked up. Water is run with 2 valves from road to shop but meter needs to be reset, city sewer line at the back of property that you could hook into. 24X15 garage with manual rollup door. Come and see it today and bring your ideas.

Investor Tools

Property Icon
$253,000
Estimated Property Value
$246,017Estimated Mortgage Balance
$6,983Estimated Equity
2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,518 /month
Positive
Cash Flow Estimate:
$506 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$551/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,353
$232,000
2025
$117,120
$114,880
$232,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,353
$232,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Equity Prime Mortgage Llc
Fha
$252,828
Yes
First
Jul 29, 2022
Aug 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$246,017
$6,983
2%
97%
$1,586/mo

Learn About the Market: Opportunity in Texas

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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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229 Maple St | Property Details | No Agent List