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$263,000

NAL Estimated Property Value

2613 Washington Street, Commerce, TX, 75428

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,085 Sq Ft
price_per_sqft$112.71 / sqft
Year BuiltBuilt in 1965

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Gas Range, Microwave, Plumbed For Ice Maker
FlooringLaminate

Exterior

Private PoolPrivate Pool
Exterior FeaturesStorage
Lot Size10,498 sqft

Building Information

Year Built1965
Stories1
Roof Type105
Garage Spaces2

Land Information

APN2590-0030-0110-31
Lot Number11
SubdivisionCowan H O Subdivision #1
Land UseResidential
Legal DescriptionS2590 COWAN H O SUBDIVISION #1 BLK 3 LOT 11 ACRES .241
Census Tract960600
Assessed Land Value$43,370
Assessed Improvement Value$199,900
Assessment Year2025

About this property

Are you ready for a house that is more than just a house? This house is a home! Years of love, labor, and pride of ownership have been poured into this home. Open floorplan, updated kitchen with gorgeous new finishes and appliances, new flooring, fresh paint, garage enclosure to make for the ultimate multipurpose room! Three spacious bedrooms, two bathrooms, a large fenced yard with mature trees, above ground pool, and last but not least a 24x24 WORKSHOP with a 12x12 awning. The workshop has heat, electricity, and a 30 amp hookup. Also included, is an underground storm cellar! This is the home that truly offers it all! Located in a great neighborhood with convenient access!

Investor Tools

Property Icon
$263,000
Estimated Property Value
$207,436Estimated Mortgage Balance
$55,564Estimated Equity
21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,578 /month
Positive
Cash Flow Estimate:
$526 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$527/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,007
$243,270
2025
$43,370
$199,900
$243,270
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,007
$243,270

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Fha
$227,156
Yes
First
Oct 29, 2021
Nov 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$207,436
$55,564
21%
79%
$1,362/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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2613 Washington Street | Property Details | No Agent List