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$192,000

NAL Estimated Property Value

2616 Washington Street, Commerce, TX, 75428

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,452 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$106.68 / sqft
Year BuiltBuilt in 1965

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Plumbed For Ice Maker
FlooringCarpet, Vinyl

Exterior

Lot Size10,498 sqft

Building Information

Year Built1965
Stories1
Roof Type105
Garage Spaces4

Land Information

APN2590-0050-0020-31
Lot Number2
SubdivisionCowan H O Subdivision #1
Land UseResidential
Legal DescriptionS2590 COWAN H O SUBDIVISION #1 BLK 5 LOT 2 ACRES .241
Census Tract960500
Assessed Land Value$43,370
Assessed Improvement Value$147,240
Assessment Year2025

About this property

This home is waiting for your personal touch and ready to be your next home. Three bedrooms, two baths with multiple living areas. Dining area just off kitchen. 24 x 22 Workshop with electricity and another smaller storage shed in back yard. Additional concrete parking. Great location convenient to schools, shopping and Texas A&M University Commerce. Multiple offers in hand, deadline 5 pm Monday August 9, 2021

Investor Tools

Property Icon
$192,000
Estimated Property Value
$140,273Estimated Mortgage Balance
$51,727Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,152 /month
Positive
Cash Flow Estimate:
$384 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$491/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,926
$190,610
2025
$43,370
$147,240
$190,610
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,926
$190,610

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc Dba Supreme Lendin
Conventional
$153,900
No
First
Sep 10, 2021
Oct 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$140,273
$51,727
26%
73%
$923/mo

City: Commerce

2616 Washington Street | Property Details | No Agent List