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$196,000

NAL Estimated Property Value

2621 Washington St, Commerce, TX, 75428

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,917 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$80.86 / sqft
Year BuiltBuilt in 1965

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Other

Exterior

Lot Size16,470 sqft

Building Information

Year Built1965
Stories1
Roof Type105
Garage Spaces2

Land Information

APN2590-0030-013A-31
Lot Number13A
SubdivisionCowan H O Subdivision #1
Land UseResidential
Legal DescriptionS2590 COWAN H O SUBDIVISION #1 BLK 3 LOT 13A (S 90') ACRES .3781
Census Tract960600
Assessed Land Value$50,070
Assessed Improvement Value$113,670
Assessment Year2025

About this property

Motivated seller — bring your offers! This home features a solid structure, a practical floor plan, and plenty of room for customization. Great opportunity to create value and make it your own. Perfect for investors or buyers looking for a project with strong upside potential.

Investor Tools

Property Icon
$196,000
Estimated Property Value
$101,935Estimated Mortgage Balance
$94,065Estimated Equity
47% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,176 /month
Positive
Cash Flow Estimate:
$392 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$216/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,612
$151,916
2025
$50,070
$113,670
$163,740
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,612
$151,916

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amb Mortgage Inc
Reverse Mortgage / Hecm
$153,000
No
First
Oct 25, 2013
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$101,935
$94,065
47%
52%
$599/mo

City: Commerce

2621 Washington St | Property Details | No Agent List